Levelset
MARCH 21, 2022
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.
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.
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Contractor Bookkeeping
OCTOBER 23, 2020
Between regulations, economic uncertainty, and other outside forces; always a learning curve. Being in your own business can be the best time in your life. Alternatively, the worst time! No one starts a business, especially a contracting business, and have it rolling perfectly with a profit every step of the way.
Construction Business Owner
MARCH 1, 2012
Accounting & Finance. Compliance/Regulations. 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.
Levelset
FEBRUARY 15, 2022
Federally funded projects in Pennsylvania are governed by the Davis-Bacon Act and its rules and regulations. Higher labor costs can put a real crunch on your cash flow during a prevailing wage job. One solution is material financing. Deep dive: How Do Prevailing Wage Laws Work in Construction? Prevailing wage rates.
Construction Business Owner
OCTOBER 26, 2011
Accounting & Finance. Compliance/Regulations. 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. INSURANCE |. EQUIPMENT |. General Management.
Levelset
FEBRUARY 18, 2022
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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