Remove Cash Flow Remove Finance Remove Insurance Remove Materials
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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. 5 tips to manage cash flow on a restoration project.

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4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

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. One of the most significant challenges during that time was the lack of financing for commercial construction companies.

Finance 52
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Built-in AIA billings, time and material and unit price billings, project management, equipment tracking, service dispatch, scheduling and dashboards for specific performance reporting are just a few of the other perks that construction-specific systems can offer. STRATEGY |. MANAGEMENT |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. I think the main areas we need to concentrate on in the construction industry and ergonomics are the hand and power tools workers utilize, material handling equipment, employer and employee training. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. Construction Law.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. If your managers don’t know how much you allocated for materials, and how you arrived at that number, they can’t reasonably be expected to meet your budget. If a supplier or subcontractor is always late, you may need to find other sources for those materials or services. STRATEGY |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. With the remote capabilities we have today, performing administrative tasks, placing orders for materials, or even approving changes can be completed nearly anywhere. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology.