article thumbnail

Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. Poor cash flow management is the number one reason why construction businesses fail. Plan out your cash flow.

article thumbnail

Optimizing Your Construction Business Website For Local Searches

Contractor Bookkeeping

For most construction businesses, increasing sales during this time will be very beneficial and may provide some much-needed cash flow relief. Taking the time and trouble to optimize your website for local is essential since about a fifth of desktop queries and more than half of mobile searches have local intent.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Yes Paper Invoices Are Bad For Your Construction Company Cash Flow

Contractor Bookkeeping

You might be afraid to “go mobile” and ditch your paper work orders. By Anastasia Harold - Coolfront Affiliate Manager - Western Region. I’m here to tell you there’s nothing to fear. In fact, it’s the paper invoices you should be afraid of. Here's the top ways that paper invoices are hurting your business:

article thumbnail

The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

Low Bidding Impacts Contractor Cash Flow. That disrupts your project’s, and your organization’s, cash flow. Cash flow shortages impact performance. Learn more: 12 tips to manage cash flow on construction projects. How improving cash flow improves project performance.

Bidding 98
article thumbnail

40+ Fresh Product Releases You Should Know in January

Autodesk Construction Cloud

Additionally, project members can add a delete reasoning comment on web and mobile. Correspondence | View and Add References on iOS [Coming Soon]** – To improve visibility of critical project information, iOS Mobile users can now view and add project references to their correspondence.

Products 105
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

« The Year of Mobile Technology? 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. February 2009.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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. This doesn’t just mean making sure everyone has a working mobile phone and Internet access on the job site.

Cash Flow 120