Remove Cash Flow Remove Insurance Remove Liability Remove Security
article thumbnail

A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

Plumbing contractors should include business insurance as an integral part of their financial strategy. When you tackle the jobs you’ve secured, it’s also important to plan for the unexpected. What is plumber’s insurance? Each field of subcontracting work has its own area of focus in insurance matters.

article thumbnail

The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Law: May 2024

Construction Law

Analysis Construction awaits clarity on energy investment Is the UK making credible progress towards securing our energy supplies or is it, as researchers suggest, actually going backwards in terms of achieving commitments made only two years ago?

article thumbnail

Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Like the Quick Ratio, Current Ratio measures a company’s ability to pay off its short-term liabilities with its current assets. Formula: Current Assets / Liabilities . Days of Cash on Hand .

Safety 94
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. 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. ACCOUNTING |. SOFTWARE |.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. 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. Public Exposure and Liability on Construction Sites. ACCOUNTING |. SOFTWARE |.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. « Collaborating on Cash flow. Turn Construction Data into Business Answers » Data Security in the Cloud. People I’ve talked to say it’s because they’re unsure of the security surrounding their business data. Security is whatever the local IT department decides is adequate.