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The most important construction KPIs to improve profits and productivity

Lets Build

Cash flow Cash isn’t king – cash flow is. Managing and tracking your cash flow across the board allows you to find financial problems early in the project and address them before they become major issues.

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The most important construction KPIs to improve profits and productivity

Lets Build

Cash flow Cash isn’t king – cash flow is. Managing and tracking your cash flow across the board allows you to find financial problems early in the project and address them before they become major issues.

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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

The rate of retention is stipulated in the construction contract and can often be negotiated. According to Mehdian, a lot of contractors don’t record retention receivable or payable, especially those using Quickbooks accounting software. Mehdian recommends companies use software specifically designed to track retention.

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. But, the point is, construction teams can benefit more than your average business services company from the latest cloud-based software. We’ve talked about this on, well, too many occasions to count. Speed Up Receivables.

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. But, the point is, construction teams can benefit more than your average business services company from the latest cloud-based software. We’ve talked about this on, well, too many occasions to count. Speed Up Receivables.

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How to Get Your Supers to Actually Fill Out Daily Reports

ProcurementExpress.com

Reports also allow incoming subcontractors to gain an understanding of how the project has been going thus far–and ideally, it should paint a clear picture of progress, so anyone can come in, join the team, and start work right away. Get Top Rated Purchasing Software & Replace The Purchasing Book. Automatic Organization .

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Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

Negotiate a fair deal that allows the bank to get something and you get something, a win-win and you will find more great deals coming your way in the future. You do not want the QuickBooks Lite Online Version because you need to see the same QuickBooks software you have on your desktop now. 3 Your Income Tax Return Preparer.