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A Cash Flow Guide for Architects

Levelset

However, like any other business, you need to maintain positive cash flow or you may find yourself unable to pay your workers and other expenses. Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing.

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9 Tips for Starting an Architecture Firm

Levelset

If you’re taking on side projects without telling your current employer and they find out about it, it could be grounds for dismissal.”. I don’t think you’ll do your best work for the new client, and I don’t think you’ll do the best work for your current employer,” says Gray.

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BIM 360: One small step forward for Autodesk = Two huge steps backwards for the global AEC industry

DebunkTheBIM

So why bother trying to sell and further the development of this complex, difficult to understand, even harder to use multi-dimensional system, when they can go back to the basics and leverage their market monopoly to snatch away the good ‘cash-flow cow’ of the market, that of storing and sharing basic information. For me anyway.

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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

Even small disputes in the construction industry can have a negative impact on time and cash flow. Workers’ compensation insurance : Workers’ compensation insurance helps provide income to and cover medical costs for employees who may suffer job-related injuries or illnesses. How do I get plumbing insurance?

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Sales commission or salary: The conudrum

Construction Marketing Ideas

Probably you won’t find many willing to jump ship unless they can have both a significant salary/income base guarantee, plus performance bonus and equity potential/interest in the business/practice. However, this option isn’t universal within the architectural, engineering and construction community.

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Sparkie, Bricky, Drippy, Chippy and all fluent in BIMmy!

DebunkTheBIM

The small operators lug the costs of working in a volatile industry, expensive tools, taxes and regulations, uneven cash-flow, bad weather. The ones employed by large corporations are burdened by disproportionally large armies of managers with often disproportionally large income expectations.

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We Work With CPA's, Bankers, Advisers To Increase Contractor Profits

Contractor Bookkeeping

1 Commercial Banker - Someone to help you manage cash flow and put your cash to work earning interest with sweep accounts and other banking tools. to prepare their business and personal annual income tax returns and certify business financial statements as needed for bonding companies and lenders. 5 Financial Planner.