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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.

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. « 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.

Cash Flow 120
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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Collaborating on Cash flow » The Year of Mobile Technology? This year, I think it’s safe to say that mobile devices and applications that run on mobile devices are the buzz of construction industry, and it’s easy to see why. General Management. Software & Technology.

Mobility 120
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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. 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. General Management. Software & Technology. Accounting & Finance. Green Building.

Cash Flow 120
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Prevailing Wages in Pennsylvania: What Contractors Need to Know

Levelset

Federally funded projects in Pennsylvania are governed by the Davis-Bacon Act and its rules and regulations. Higher labor costs can put a real crunch on your cash flow during a prevailing wage job. This allows you to save your own cash for payroll while you wait for your invoices to get paid. Prevailing wage rates.

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Prevailing Wages in Minnesota: What Contractors Should Know

Levelset

Before taking on prevailing wage projects contractors need to make sure they have sufficient cash to pay their workers until the first payment comes in. Options like materials financing and mobilization financing can help contractors delay some of the early project costs, giving them more ready cash to pay their workers.

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. New) Mobile Construction Software. With web-based software, these mobile devices are capable of running complete versions of a company’s enterprise software, resulting in real-time information flowing freely from the field to the office and a true collaborative environment. General Management.

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