article thumbnail

The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. Although public liability insurance is not a legal requirement, it should be regarded as essential. Your business plan should also identify potential risks that could result in cash flow problems.

article thumbnail

Construction quality management: Everything you need to know

Lets Build

A construction quality management plan should be drafted as a standard document, to be applied to all future projects. In the same way, Excel isn’t suitable for running complex construction projects , one document may not cover all eventualities or project types. Creating a plan.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Maximising ROI with construction project execution software

Lets Build

Efficient document management Regardless of the size of the project, the phase involves sharing different documents between teams. This includes blueprints, legal contracts, building codes, budget documents, proposals, bids, etc. This can boost productivity and secure your data.

article thumbnail

Maximising ROI with construction project execution software

Lets Build

Efficient document management Regardless of the size of the project, the phase involves sharing different documents between teams. This includes blueprints, legal contracts, building codes, budget documents, proposals, bids, etc. This can boost productivity and secure your data.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. Technology for Collaboration & Cash Flow.

Cash Flow 120
article thumbnail

What is Project Loss Insurance?

Levelset

When a loss occurs, it can put a real crunch on a contractor’s cash flow. It also helps contractors manage cash flow during a loss. The contractor submits a detailed, sworn proof of loss with supporting documents. Claim payouts keep the cash flowing, even during a delay or other ongoing loss.

article thumbnail

Prevailing Wages in Pennsylvania: What Contractors Need to Know

Levelset

The contracting authority provides bidders with the prevailing wage rates within the bid and contract documents. Higher labor costs can put a real crunch on your cash flow during a prevailing wage job. Higher labor costs can put a real crunch on your cash flow during a prevailing wage job. Learn more.