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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Days of Cash on Hand is the number of days that a company can continue to pay its operating expenses, given the amount of cash available and assuming there is no additional revenue. A high value indicates a strong cash position and ability to withstand cash flow constraints. . FINANCIAL RATIOS: PROFITABILITY .

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Construction Processes To Reduce Injuries And Increase Production

Contractor Bookkeeping

At first read this sounds harsh and yet it comes from my own experiences as a contractor operating multiple jobsites with small crews on each from two to ten people this one concept generated a lot of bottom line profits and kept injuries very low. This means they increased profits and cash flow by making or saving money.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Better understanding your project data can help significantly boost productivity and profitability on current projects, as well as better plan future ones. And true data analytics is more than just tracking traditional job costs and cash flow. Several construction data trends have emerged recently.

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Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Contractor''s Business Round Table Reduces Profits.

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Construction Business Owner Blogs

Construction Business Owner

With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. And risk can be a profit center, since insurance companies obviously make money. If you stop to think about it, it’s clear that risk carries a dollar value. www.dexterchaney.com. February 2009.

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Construction Business Owner Blogs

Construction Business Owner

Points to Ponder: It is the contractor’s responsibility to create a work area and zone free from hazards that could cause injury or harm to persons or property. It is reasonable to expect that the general public assume these contractors doing the work are adequately protecting the public from serious injury or harm. February 2009.

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Construction Business Owner Blogs

Construction Business Owner

The company called us to come in and evaluate some of their work stations where they seemed to be getting the most injuries from repetitive motions. These tools are a little more expensive, however, if proven to help reduce employee discomfort and injuries, they would be an good investment. February 2009. January 2009. December 2008.