Remove Cash Flow Remove Finance Remove Insurance Remove Site
article thumbnail

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
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. 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. STRATEGY |.

Cash Flow 120
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 |. Accounting & Finance. 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. You can leave a response , or trackback from your own site.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. I would like to share the following tips to use before approaching the bank(s) or other financial institutions for additional financing, and some non-bank financing options. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds.

Banking 120
article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

INSURANCE |. Accounting & Finance. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports.

Cash Flow 168
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. You can leave a response , or trackback from your own site. Public Exposure and Liability on Construction Sites. STRATEGY |.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. You can leave a response , or trackback from your own site. Public Exposure and Liability on Construction Sites. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

Cash Flow 120