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

Levelset

To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. Poor cash flow management is the number one reason why construction businesses fail. Plan out your cash flow.

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The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

Low Bidding Impacts Contractor Cash Flow. That disrupts your project’s, and your organization’s, cash flow. Cash flow shortages impact performance. Learn more: 12 tips to manage cash flow on construction projects. How improving cash flow improves project performance.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. « The Year of Mobile Technology? 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.

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Prevailing Wages in Minnesota: What Contractors Should Know

Levelset

Before taking on prevailing wage projects contractors need to make sure they have sufficient cash to pay their workers until the first payment comes in. Options like materials financing and mobilization financing can help contractors delay some of the early project costs, giving them more ready cash to pay their workers.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Collaborating on Cash flow » The Year of Mobile Technology? This year, I think it’s safe to say that mobile devices and applications that run on mobile devices are the buzz of construction industry, and it’s easy to see why. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.

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Construction Business Owner Blogs

Construction Business Owner

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. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |.

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Prevailing Wages in Pennsylvania: What Contractors Need to Know

Levelset

Higher labor costs can put a real crunch on your cash flow during a prevailing wage job. Keep a close eye on your project cash flow to ensure you have enough on hand to pay all your bills and still pay your workers on time. One solution is material financing. Get materials now, keep your cash. Learn More.