Levelset

APRIL 7, 2022

Shady, fly-by-night contractors will promise customers the world — and they hide the fact that they can put a lien on the owner’s home. They’ll collect a few checks, perform shoddy work, and then file a lien when the customer doesn’t pay. It’s also important to educate your customer about mechanics liens. Be responsive.

Contractors 52

Contractors Lien Education Housing 52

Autodesk Construction Cloud

DECEMBER 18, 2021

However, 77% of projects experience some form of schedule overrun , so a project that is on pace to finish on time is a cause for celebration. 77% of projects experience schedule overrun of some kind. The right tools and documents make it easier to complete project closeout and keep customers satisfied. Not so fast.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Contractor Bookkeeping

JUNE 18, 2013

Cash flow issues kill contractors even though they have profit. Sales tax liens against contractors twenty two times higher than any other business. Poor document management results in overpaying taxes. Poor document management results in overpaying taxes. Poor scheduling affects production and cash flow.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Contractor Bookkeeping

JUNE 20, 2014

Your business plan is a living breathing document that you will change and update as needed. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Flexible because you can allocate resources as need and scheduling is in your direct control.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

Your business plan is a living breathing document that you will change and update as needed. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Flexible because you can allocate resources as need and scheduling is in your direct control.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JANUARY 2, 2015

Your business plan is a living breathing document that you will change and update as needed. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Flexible because you can allocate resources as need and scheduling is in your direct control.

Construction 48

Construction Insurance Accounting Claims 48

Levelset

OCTOBER 19, 2022

Contractors need to pay close attention to detail in their project documentation and draw requests. Improper project documentation or budgeting. To identify areas where systems might be strengthened for prompt invoicing and increased cash flow , think about talking with an outsourced CFO. Failing to protect lien rights.

Contractors 98

Contractors Lien Construction Finance 98