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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

In the meantime, service agreement customers are a source of cash flow and are predetermined to call you instead of your competition when repairs are necessary. The Balance Sheet is the summary report which shows all of the assets minus the liabilities which equals the "Book Value" or owner''s equity. Five Benefits. #1

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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Liability for damage. Even small disputes in the construction industry can have a negative impact on time and cash flow. Third-Party Insurance: What’s the Difference?

professionals

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A position is vacant for Quantity Surveyor / Estimator

Construction Cost Estimating

Objective of the job: • The candidate has to price all the submitted tenders which should contain the following: • Rate all project costs along with P&Gs, project cash flows, project programmes. • Duties and liabilities: • Costings and budgets formation for the allotted projects. Eagerness to travel.

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Professional Liability Insurance Explained

Levelset

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.

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Construction Business Owner Blogs

Construction Business Owner

Luckily, my colleague and I only had to travel two and a half hours to the Atlanta area to meet with leading construction manufacturers from China, Japan and South Korea. Public Exposure and Liability on Construction Sites. Wally Evans Blog. Recent Posts. Is There No Free Lunch or Construction Software? February 2009. January 2009.

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Construction Business Owner Blogs

Construction Business Owner

I learned even more as I traveled the world, hitchhiking across the United States and backpacking across Europe. Public Exposure and Liability on Construction Sites. Wally Evans Blog. Recent Posts. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. Committing Intentional Project Communications.

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Errors and Omissions (E&O) Insurance Explained for Construction?

Levelset

While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss. Errors and omissions insurance, also called professional liability insurance, is one tool that contractors can use to transfer risk away from themselves.