Remove Cash Flow Remove Equipment Remove Insurance Remove Project Management
article thumbnail

The most important construction KPIs to improve profits and productivity

Lets Build

Investing in health and safety lowers the frequency of unexpected costs, like expensive insurance payments and lost time. Start tracking performance metrics like: Labour waste Revenue per hour Material waste Equipment downtime 4. Cash flow Cash isn’t king – cash flow is.

article thumbnail

The most important construction KPIs to improve profits and productivity

Lets Build

Investing in health and safety lowers the frequency of unexpected costs, like expensive insurance payments and lost time. Start tracking performance metrics like: Labour waste Revenue per hour Material waste Equipment downtime 4. Cash flow Cash isn’t king – cash flow is.

professionals

Sign Up for our Newsletter

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

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. EQUIPMENT |. General Management. People Management. Equipment Management. Equipment and Services Directory. Data Security in the Cloud » Collaborating on Cash flow. Bad or outdated information is probably one of the biggest reasons cash flow issues occur.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. EQUIPMENT |. General Management. People Management. Equipment Management. Equipment and Services Directory. Back to Cash Flow. To obtain greater control, you need software that will allow you to input data once and use that data to analyze your cash flow situations.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. EQUIPMENT |. General Management. People Management. Equipment Management. Equipment and Services Directory. For example, you might require project management, but if you do a quick search, you’ll find there are numerous project management solutions that range from simple to complex.

Cash Flow 120
article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

INSURANCE |. EQUIPMENT |. General Management. People Management. Equipment Management. Equipment and Services Directory. Many State and Federal projects require a contractor to be bonded. government-funded projects), and the surety company. Committing Intentional Project Communications.

Cash Flow 168
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. EQUIPMENT |. General Management. People Management. Equipment Management. Equipment and Services Directory. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Committing Intentional Project Communications. Management.

Cash Flow 120