Contractor Bookkeeping

NOVEMBER 18, 2022

Is it time for your construction business to invest in some new equipment? The real question is what equipment is on your business shopping list. It is all a question of your budget, income, cash flow, profit & loss, and taxes. And if so, is it a more brilliant business decision and cost-effective to rent or buy?

Equipment 93

Equipment Cash Flow Construction Income 93

Construction Business Owner

MARCH 27, 2017

The decision to purchase, lease or rent equipment is a challenge that businesses of all sizes must face, and there are several factors that need to be taken into consideration to make the best choice for your business.

Equipment 120

Equipment Cash Flow Leases Transportation 120

Construction Business Owner

MAY 29, 2014

Many contractors, both small and large, finance their equipment and software rather than purchase with a lump sum payment because of the cash flow benefits this practice can bring to their businesses. Gross Domestic Product and the Equipment Leasing and Finance Foundation, $0.56 was financed.

Finance 189

Finance Software Software Equipment 189

Construction Business Owner

JUNE 30, 2014

Many contractors, both small and large, finance their equipment and software rather than purchase with a lump sum payment because of the cash flow benefits this practice can bring to their businesses. Gross Domestic Product and the Equipment Leasing and Finance Foundation, $0.56 was financed.

Finance 120

Finance Software Software Equipment 120

Construction Business Owner

APRIL 2, 2017

The decision to purchase, lease or rent equipment is a challenge that businesses of all sizes must face, and there are several factors that need to be taken into consideration to make the best choice for your business.

Cash Flow 222

Cash Flow Leases Transportation Equipment 222

Construction Business Owner

DECEMBER 2, 2014

Stan constantly struggles with the demands of owning and managing his business, from working on bids, estimating, ordering materials and scheduling 25 field workers to coordinating equipment, fielding phone calls and visiting jobsites daily. To make matters worse, cash flow is tight and he often has to cut prices to win work.'

Cash Flow 245

Cash Flow Bidding Schedule Estimating 245

Levelset

JULY 28, 2022

While labor shortages may seem like a people problem, they’re a cash flow issue too. For companies to offer competitive salaries and maintain payroll, they must have enough cash flow to pay overhead costs and employees. Hiring the right people is critical to running a business successfully.

Cash Flow 52

Cash Flow Finance Construction Materials 52

Construction Business Owner

MARCH 27, 2014

Most construction companies operate with very tight cash flows. On one hand, they must pay certain expenses quickly, including company operating costs, subcontractors, equipment vendors and material suppliers.

Cash Flow 214

Cash Flow Commercial Equipment Materials 214

Lets Build

JUNE 23, 2023

Start tracking performance metrics like: Labour waste Revenue per hour Material waste Equipment downtime 4. Cash flow Cash isn’t king – cash flow is. The most important cash flow construction KPIs include: Days sales outstanding Operating cash flow Gross margin/net income Project costs 5.

Profitability 78

Profitability Cash Flow Products Construction 78

Levelset

AUGUST 29, 2022

Having access to extra cash flow can eliminate financial barriers before they become roadblocks for your business. Even if you have enough cash today, financing your materials is a great solution to have in your back pocket for unexpected needs in the future. “We Growing your business requires cash.

Finance 52

Finance Cash Flow Materials Banking 52

Lets Build

JUNE 23, 2023

Start tracking performance metrics like: Labour waste Revenue per hour Material waste Equipment downtime 4. Cash flow Cash isn’t king – cash flow is. The most important cash flow construction KPIs include: Days sales outstanding Operating cash flow Gross margin/net income Project costs 5.

Profitability 78

Profitability Cash Flow Products Construction 78

Levelset

APRIL 5, 2022

Bigger projects require more materials and more labor, which means higher cash requirements. Contractors can take on more work than their cash flow will let them perform, leaving them scrambling for cash to pay their bills or their employees. But what about cash flow? Forecast cash flow.

Cash Flow 52

Cash Flow Finance Construction Materials 52

Levelset

JULY 25, 2022

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Construction businesses may have equipment, materials, or technology that function as capital, too. . Debt capital can be vital for managing cash flow in construction.

Debt 97

Debt Cash Flow Equity Finance 97

Levelset

FEBRUARY 3, 2023

Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. At Levelset, we understand the construction industry and the importance of cash flow security for specialty contractors.

Finance 52

Finance Cash Flow Materials Security 52

Buisness Facilities Contributed Content

JULY 1, 2013

Sutton, CAE, President and CEO of the Equipment Leasing and Finance Association. That’s why it has never been more important for startups and small businesses to understand their options for financing the equipment needed to operate and grow their businesses. By William G. Key Benefits for Unique Business Needs.

Finance 63

Finance Equipment Cash Flow Leases 63

Construction Equipment

MARCH 20, 2020

With COVID-19 taking its toll on construction, AGC has urged businesses to request congress take immediate action to: Enact policies and programs that ensure all construction employers’ cash flows so they can pay workers and maintain their essential operations. Ensure public construction markets…

AGC 91

AGC Cash Flow Construction Employment 91

Construction Enquirer

JUNE 21, 2023

Specialist access equipment supplier Adastra Access Ltd has gone into administration with the loss of 38 jobs. Blair Nimmo and Alistair McAlinden from Interpath Advisory took charge of the Glasgow based business yesterday.

Cash Flow 108

Cash Flow Claims Residential Employment 108

Autodesk Construction Cloud

FEBRUARY 1, 2024

Despite this, both general contractors and subcontractors struggle with the complexities of the payment process and face significant cash flow obstacles. Time and time again, I hear about contractors’ frustrations and struggles with late payments and cash flow and how it negatively impacts their businesses.

Autodesk 87

Autodesk Cash Flow Construction Risk 87

Construction Equipment

AUGUST 18, 2017

United Rentals has announced it has entered into a definitive agreement with Neff Corporation to acquire Neff for $25 per share in cash, representing about $1.3 The transaction is expected to be immediately accretive to cash EPS and free cash flow. million on behalf of Neff.

Cash Flow 82

Cash Flow Agreement Equipment 82

Construction Business Owner

MARCH 1, 2012

EQUIPMENT |. Equipment Management. Equipment and Services Directory. 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.

Cash Flow 120

Cash Flow Construction Software Software 120

Levelset

MAY 4, 2022

Levelset’s recent 2022 Cash Flow & Payment Report revealed some key differences between large, successful contractors and smaller construction businesses. A preliminary notice informs property owners that a contractor, supplier, or equipment lessor is working on a project.

Lien 98

Lien Contractors Cash Flow Construction 98

Construction Equipment

JANUARY 31, 2020

While sales declined modestly in 2019, we delivered an operating margin and free cash flow consistent with our long-term… Caterpillar sales and revenue were down 2 percent in 2019, compared to the previous year, to $54.7 Profit per share was $10.74 for the year, up from $10.26

Profitability 62

Profitability Cash Flow 62

Construction Business Owner

OCTOBER 26, 2011

EQUIPMENT |. Equipment Management. Equipment and Services Directory. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. MARKETING |.

Cash Flow 120

Cash Flow Construction Software Software 120

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in). Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

Levelset

APRIL 1, 2022

Restricted cash flow. And, if cash flow is tight that month, they might take out a line of credit and pay interest moving forward. Learn more about cash flow in construction. If the project can’t reach certain milestones because the equipment is missing, the contractor won’t receive progress payments.

Site 52

Site Cash Flow Insurance Construction 52

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in). Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Construction Equipment

APRIL 24, 2018

Machinery, Energy & Transportation (ME&T) operating cash flow was $948 million and the company repurchased $500 million of Caterpillar common stock. The company ended the first quarter of 2018 with an enterprise cash balance of $7.9 First-quarter 2018 profit was $2.74 per share, up from $0.32 billion.

Cash Flow 57

Cash Flow Profitability Transportation 57

Viewpoint Construction Technology

OCTOBER 23, 2018

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Bidding Smarter and Winning More Work.

Construction 195

Construction Software Software Cash Flow 195

Construction Business Owner

NOVEMBER 3, 2011

EQUIPMENT |. Equipment Management. Equipment and Services Directory. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. MARKETING |. INSURANCE |. General Management. Software & Technology. Accounting & Finance.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

SEPTEMBER 1, 2022

Your construction business has invested heavily in high-value equipment, machinery and tools. And if you’re serious about saving time and money, you might as well add the machinery, tools, trucks and other expensive equipment your company owns to that inventory list. Equipment Management. Promote to rotator No. Main Image.

Inventory 226

Inventory Resource Construction Materials 226

Construction Junkie

MARCH 29, 2021

Project Delays Survey respondents were asked what kinds of delays they were experiencing on their projects and the shortage of construction materials, equipment, and parts was the overall leader at 52%. 29% reported that they are not experiencing any shortages or delays currently.

Cash Flow 96

Cash Flow Construction AGC Fabrication 96

Levelset

FEBRUARY 11, 2022

Contracts are almost never paid up front, so contractors provide labor, materials, and equipment on credit with their customers. Slow payments are a chronic problem in the building industry, and payment delays can quickly escalate into cash flow problems. The construction industry runs on credit.

Accounting 52

Accounting Management Contractors Lien 52

Contractor Bookkeeping

JUNE 13, 2012

Every Day You Are - Presented With opportunities to invest your money and the key strategy is putting your money to work where it will earn you the most bottom line profit and increase your cash flow. Have you considered discounted cash flows? The bookkeeper is wasting 30 minutes a day due to poor equipment.

Profitability 48

Profitability Cash Flow Construction Equipment 48

Contractor Bookkeeping

NOVEMBER 30, 2012

Purchase New Business Equipment. First, is that in 2012 businesses can elect to expense (deduct immediately) the entire cost of most new equipment up to a maximum of $139,000 for property placed in service by December 31, 2012. Last on the list usually is good equipment that stays in the office. Examples of Office Equipment.

Equipment 49

Equipment Cash Flow Construction Banking 49

Construction Business Owner

APRIL 1, 2011

EQUIPMENT |. Equipment Management. Equipment and Services Directory. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. MARKETING |. INSURANCE |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.

Cash Flow 120

Cash Flow Construction Software Software 120

Viewpoint Construction Technology

JUNE 12, 2013

For example, if you completely own a piece of equipment, you probably estimate the amount of fuel that it uses on a job, but may not consider including the depreciation, insurance, maintenance, and other costs associated with running it. The truth probably lies somewhere in between. So your gut certainly deserves a say.

Bidding 263

Bidding Profitability Construction Cash Flow 263

Construction Business Owner

AUGUST 18, 2011

EQUIPMENT |. Equipment Management. Equipment and Services Directory. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. MARKETING |. INSURANCE |. General Management. Software & Technology. Accounting & Finance.

Cash Flow 168

Cash Flow Software Software Accounting 168