Lets Build

AUGUST 4, 2023

Free eBook: Quick guide to Lean practices for construction professionals The benefits of using construction project execution software in maximising ROI The project execution phase is the most delicate stage — it lays the foundation for the actual work and sits at the heart of the process.

Software 78

Software Software Construction Budgeting 78

Lets Build

AUGUST 4, 2023

Free eBook: Quick guide to Lean practices for construction professionals The benefits of using construction project execution software in maximising ROI The project execution phase is the most delicate stage — it lays the foundation for the actual work and sits at the heart of the process.

Software 78

Software Software Construction Budgeting 78

Construction Business Owner

MARCH 1, 2012

« Collaborating on Cash flow. According to my friend Eric Carter, President of Approach Technology , simplistic passwords are the biggest security risks. Your risk will decrease significantly. foundation. foundation software. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->.

Construction 120

Construction Cash Flow Security Software 120

Lets Build

APRIL 6, 2022

Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. However, even though retainage is commonplace, it’s not always used fairly.

Cash Flow 147

Cash Flow Lien Construction Negotiation 147

Construction Business Owner

FEBRUARY 2, 2012

In this article, Schoppman explains how business owners should evaluate construction professionals on specific criteria to enhance margin, improve productivity and hedge construction risks. foundation. foundation software. What do you use to evaluate your team? Add new tag. business development. change orders. cloud computing.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MARCH 29, 2012

The Business of Construction Risk Management » The Fundamentals of Building Information Modeling (BIM). Though we’ve just scratched the surface here, hopefully, we’ve covered some fundamental characteristics of BIM that will help set the foundation on which we can all go forward. foundation. foundation software.

Construction 120

Construction BIM Software Software 120

Construction Business Owner

JANUARY 12, 2012

While documentation management and team member prequalification may seem fairly obvious sources of added costs and risks, administrative costs may not seem so obvious. foundation. foundation software. Administrative & Communication Costs. Add new tag. business development. change orders. cloud computing. communication.

Bidding 149

Bidding Construction Documentation Software 149

Levelset

OCTOBER 14, 2022

Even small disputes in the construction industry can have a negative impact on time and cash flow. Becoming a master plumber is a step up professionally, but it comes with increased exposure to risk— so there are options for contractors to adjust coverage types and amounts accordingly.

Insurance 52

Insurance Liability Injury Compensation 52

Construction Business Owner

AUGUST 19, 2011

These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. foundation. foundation software. And, let’s face it: the kind of individual driven to be a general contractor is often not the kind that relishes tedious office work and long hours spent analyzing numbers. change orders.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

APRIL 12, 2012

« The Business of Construction Risk Management. foundation. foundation software. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. Add new tag. business development.

Construction 120

Construction Certification Green Software 120

Construction Business Owner

FEBRUARY 23, 2012

I think it’s safe to say that when most people say they’re concerned with security, they’re concerned with mitigating the risk of fraud, both internally and externally, and physical access to the data. foundation. foundation software. Add new tag. business development. change orders. cloud computing. communication. construction.

Security 120

Security Construction Software Software 120

Construction Business Owner

FEBRUARY 9, 2012

Current software providers can jump on the bandwagon, or risk losing out to new developers, or perhaps even these specialty apps created by contractors. foundation. foundation software. Do you use tablets in your office or on the jobsite? What are the pros/cons? www.dexterchaney.com. Add new tag. business development.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

OCTOBER 10, 2011

From his story it became clear to me that while you can do powerful things with spreadsheets if you devote the time, you run into three serious risks: Complex tasks require complex programming, something off-the-shelf spreadsheets aren’t designed to support (especially when it comes to troubleshooting). foundation. foundation software.

Construction 120

Construction Software Software Accounting 120

Constructlaw

NOVEMBER 24, 2020

The owner, however, says the disputed issues are the contractor’s, not the owner’s risk. Moreover, because dispute boards are often engaged for the duration of the project, a party that decides to take an extreme position before the dispute board may risk losing credibility in the long run. [4].

Construction 40

Construction Contract Modeling Cash Flow 40

Construction Business Owner

JANUARY 4, 2011

Some well managed businesses took some overly aggressive risks and are no longer with us. foundation. foundation software. One thing that the great recession has taught me is that even the fundamentals that I preach so much about can be affected by situations outside of our control. Add new tag. business development.

Construction 120

Construction Software Software US 120

Construction Business Owner

OCTOBER 14, 2011

But most of the risks are either things within your control, or are at least calculated on likely outcomes. foundation. foundation software. .” Every construction project is a gamble – you’re betting that your estimate is accurate, that labor and material prices don’t go through the roof, etc. Add new tag. change orders.

Change Orders 120

Change Orders Construction Software Software 120

Contractor Bookkeeping

AUGUST 13, 2014

I Do Like Managed Risks - Which is anything I can control the input and have a greater than breakeven chance of making a profit. Knowledge Leads To Profits And Cash Flow. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve.

Contractors 48

Contractors Accounting Profitability CA 48

Contractor Bookkeeping

JUNE 20, 2014

You need to manage cash flow to have money for their wages, benefits you offer and any applicable state and federal withholding taxes related to their wages, such as Social Security, income tax withholding, workers Compensation and unemployment insurance. Payment Terms - Should need to add positive cash flow.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

You need to manage cash flow to have money for their wages, benefits you offer and any applicable state and federal withholding taxes related to their wages, such as Social Security, income tax withholding, workers Compensation and unemployment insurance. Payment Terms - Should need to add positive cash flow.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

MARCH 13, 2014

Six keys helped us out perform other contractors in terms of cash flow and profit year after year regardless of the economic conditions: I was raised in a construction family. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve.

Accounting 48

Accounting Construction Contractors Profitability 48

Levelset

JUNE 10, 2022

For example, a single-family home’s foundation may have 200 tons of concrete, but a skyscraper could contain 200,000 tons of concrete or more throughout its structure. Because the risk of theft is higher, commercial projects may involve more elaborate security systems, including fences, cameras, or guards. Payment and cash flow.

Residential 52

Residential Commercial Cash Flow Construction 52

Autodesk Construction Cloud

JANUARY 31, 2022

The resilience required to tackle the challenges of 2021 has become a solid foundation for building in 2022. Tech-first approach will shield from procurement challenges and risk. These technologies will optimize the procurement strategy for long lead items in construction and mitigate risk of schedule delays. .

Construction 97

Construction Autodesk BIM Modeling 97

Autodesk Construction Cloud

JANUARY 11, 2024

AI applications may include advanced project management tools, predictive analytics for risk assessment, and optimization of construction processes. The increasing focus on AI will highlight the foundational importance of construction management platforms to drive data quality and standardization.

Construction 137

Construction Industrial Modeling Autodesk 137

Buisness Facilities Contributed Content

MARCH 21, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The second mortgage, long-term, fixed-rate financing allows banks to participate in business expansion by reducing risk exposure.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

APRIL 15, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The optional investment tax credit is a calculated risk. The gift must be to an endowment fund within the qualified foundation or community affiliate organization.

Income 108

Income Finance Zoning Employment 108