Contractor Bookkeeping

JUNE 13, 2012

Every Day You Are - Presented With opportunities to invest your money and the key strategy is putting your money to work where it will earn you the most bottom line profit and increase your cash flow. Have you completed present value calculations? Have you considered discounted cash flows? The Solution.

Profitability 48

Profitability Cash Flow Construction Equipment 48

GCP Applied Technologies

AUGUST 7, 2018

The company’s innovative products help ready mix producers streamline operations, optimize business processes, tighten quality control and improve cash flow. . The Company’s product suite complements our VERIFI® product line and presents significant opportunities to advance services through data integration.” .

Cash Flow 60

Cash Flow Concrete Software Software 60

Levelset

AUGUST 16, 2022

It is also helpful to provide the surety with a cash flow projection for the project. Your available cash flow can also be affected by the payment terms and retention amount. Present your good performance to the underwriter and be transparent. Credibility is the key.

Risk 52

Risk Cash Flow Construction Banking 52

Pro Builder

NOVEMBER 18, 2022

You also need to prepare key information about the assets that will be presented to bidders, who will then use that data to evaluate your business and populate their own cash flow and valuation models. At our advisory firm, we urge sellers to disclose everything … including the good, the bad, and the ugly.

Deals 52

Deals Bidding Agreement Cash Flow 52

Construction Business Owner

MAY 29, 2012

CBO magazine and Viewpoint Construction Software are pleased to present the webinar, “Managing Information Overload: Transitioning to a Paperless Environment” on June 21 at 1 p.m. With so many sources of information, it’s never been more important to take charge and develop a business information plan. February 2009. August 2008.

Construction 120

Construction Software Software Cash Flow 120

Pro Builder

APRIL 13, 2021

Bast has been at his present company for about two years. Even though the recovery was in full swing and business was booming again, Bast reduced headcount at the company from 12 people to 9, improved its cash flow, and grew the bottom line by more than 30 percent. And that was just for starters!

Profitability 52

Profitability Products Software Software 52

Levelset

JULY 22, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing like water down a valley. Here’s a little-known fact about growing a roofing business: It can be incredibly cash-hungry. You need to be a master of your cash flow.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

Autodesk Construction Cloud

OCTOBER 28, 2021

Image from AU session presentation for “Data in the AEC Lifecycle: Using Data to Better Connect AECO Stakeholders” This Autodesk University session emphasizes the benefits of correctly using the enormous amount of data available to decision-makers and how to do so with a unified platform. Josh Cheney, Sr.

Autodesk 52

Autodesk Industrial Construction BIM 52

Construction Business Owner

OCTOBER 10, 2011

I certainly don’t have all of the answers, which is why I’ve asked Gregg Schoppman from FMI to present a webinar on social media. So you may be wondering, “Do I tweet or post or share or like, and most importantly, how does this affect my business?” February 2009. January 2009. December 2008. November 2008. October 2008. September 2008.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 6, 2011

I have been amazed at the popularity of the webinars and it will be very exciting to present a live one each afternoon at the show. The thing I like most about the World of Concrete is that I will get to interact with a large numbers of contractors during the four day show. Hope to see you all at the show. February 2009. January 2009.

Construction 120

Construction Software Software Accounting 120

DebunkTheBIM

DECEMBER 17, 2017

Not that anyone is admitting to be doing this, of course - hardly one sentence of the presenter was uttered without the favorite acronym in it, but the doom signs for BIM were ‘on the wall’. Combined that with their new licensing model and I can almost deduct that they have given up on BIM, altogether.

Autodesk 48

Autodesk BIM Industrial Aconex 48

Safety Services Company

FEBRUARY 19, 2020

Ever-present risks can delay or completely derail investments. The possibility of running out of cash flow, mismanaging of funds, plummeting economy, increasing cost of materials, and other similar concerns are daunting and real. Like any investment, natural risks are an ever present concern. Financial Risks.

Risk 62

Risk Management Construction Safety 62

Safety Services Company

FEBRUARY 18, 2020

Ever-present risks can delay or completely derail investments. The possibility of running out of cash flow, mismanaging of funds, plummeting economy, increasing cost of materials, and other similar concerns are daunting and real. Like any investment, natural risks are an ever present concern. Financial Risks.

Risk 62

Risk Management Construction Safety 62

PSMJ Resources

APRIL 30, 2012

2) Scheduling serves as the foundation for cash flow plans. The project schedule defines when the firm is using cash and when. cash flow plan to the start and completion of schedule milestones in. Business Presentations. Without a schedule, it gets done when it gets done. payments should be received.

Schedule 46

Schedule Resource Cash Flow Project Management 46

Construction Junkie

MAY 20, 2020

After a round of nominations, the stage has been set for the 6th annual Best Construction Podcast Competition presented by Construction Junkie. On the show, Booth discusses a variety of different construction topics, such as pre-bid contracts, general conditions reviews, tracking and monitoring project issues, and improving cash flow.

Lien 116

Lien Construction Zoning Industrial 116

Construction Business Owner

JANUARY 13, 2012

During the first part of the meeting, he presented us with a video of Nick Saban, the University of Alabama’s football coach, giving a speech to a group of 1,000 8- to 13-year-old boys attending Coach Saban’s football camp in June 2011. In one of our recent quarterly meetings (in the fall of 2011), he had a special surprise for us.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 20, 2011

The teams were instructed to decorate the outside of their tipis with symbols representing the past, the present, and the future of the CFMA. The final team exercise was to construct a tipi (this, I learned, is the correct spelling of the Lakota word “thipi” meaning “dwelling”). What impressed me most about the exercise wasn’t the artwork.

CFMA 120

CFMA Construction Software Software 120

Construction Business Owner

JUNE 1, 2012

Each user can typically customize their own dashboard to present just the information that’s important to them, and multiple individuals can be given publishing ability to post information. It can be used to deliver information in near real-time, serving up notices, reminders, company news, links to resources, and even applications.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

JULY 8, 2021

A key piece is having the ability to see and compare how much specific items or tasks cost so you can correctly forecast and manage cash flow. . The nature of the industry presents challenges in determining which tasks are actually generating profits. This is where construction cost codes come into play. Profitability .

Construction 52

Construction Profitability Budgeting Budget 52

Construction Business Owner

JULY 12, 2012

An effective approach to sharing project documents must include a way to ensure that everyone is using the same (and latest) version, and that there is structure to the way the documents are presented – so folks like my electrical contractor friend can quickly find the information that matters to them. Document Tracking. February 2009.

Construction 137

Construction Documentation Software Software 137

Construction Business Owner

JANUARY 12, 2012

I was in a conference room full of general contractors a couple of years ago, and the presenter asked, “How many of you prequalify your subcontractors?” Keeping track of what’s current in that huge set of documents and making sure others on your team are using current documents are critical. It can also be very time consuming and expensive.

Bidding 150

Bidding Construction Documentation Software 150

Construction Business Owner

FEBRUARY 9, 2012

While not every contractor has the resources to create their own “app,” the need for construction applications is present, and demand is growing. I’ve even read of contractors creating their own applications to fit their business. February 2009. January 2009. December 2008. November 2008. October 2008. September 2008.

Software 120

Software Software Construction Accounting 120

Contractor Bookkeeping

MAY 30, 2013

Present value calculations. Discounted cash flows. Large purchases with a down payment and subsequent monthly payments. Initial purchases followed by monthly or yearly maintenance payments. Apply three investment formulas. Internal Rate Of Return (IIR). Opportunity costs. Here is how we do it for our clients.

Cash Flow 48

Cash Flow Profitability Equipment Estimating 48

Construction Business Owner

DECEMBER 9, 2011

This means that the user interfaces of browser-based applications must be designed for ease-of-use, and information must be presented in an easy-to-understand format. Usability: I think most Internet users expect anything in a browser to run quickly and easily. February 2009. January 2009. December 2008. November 2008. October 2008.

Construction 120

Construction Software Software Accounting 120

Pro Builder

JUNE 9, 2021

Yet, here we are, with strong sales, great cash flow, abundant profits, and not enough people to build the homes. . I first heard the term “builder of choice” 32 years ago in 1989 when I was working at Pulte Homes and Bill Pulte presented the concept at a board of directors meeting.

Profitability 98

Profitability Remodeling Cash Flow US 98

Construction Business Owner

FEBRUARY 2, 2012

When people know the objective and their role in achieving it, they are fortified against a difficult present and an uncertain future. In these conditions, true leaders can shine and they do so by shining a light of vision and direction. Consider what you are doing to create and share a vision for success with your staff. February 2009.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 14, 2011

This seems to present a “darned-if-you-do-darned-if-you-don’t” situation. Change orders can be harder to manage – and present more of a profitability challenge – than pre-planned project work. Discussion about change order difficulties tends to be one of two types. February 2009. January 2009. December 2008.

Change Orders 120

Change Orders Construction Software Software 120

Constructlaw

NOVEMBER 24, 2020

Parties are often less willing to take extreme positions before a dispute board because the board’s members, with their relevant backgrounds and familiarity with the project, can be expected to parse through many of the technical issues presented by the parties. He can be reached at Zach.Torres-Fowler@Troutman.com. [1] 7] See Hinchey, et al.

Construction 40

Construction Contract Modeling Cash Flow 40

Lets Build

MAY 1, 2020

There, we see huge cash flow issues. During the Town Hall discussion, Dr Jan Mischke presented a very interesting research, conducted by the McKinsey Global Institute , on the different potential scenarios for the day after COVID-19: Source: McKinsey & Company. The challenges are there with the medium and smaller players.

Industrial 148

Industrial BIM Innovation Construction 148

Pro Builder

JUNE 9, 2021

Yet, here we are, with strong sales, great cash flow, abundant profits, and not enough people to build the homes. . I first heard the term “builder of choice” 32 years ago in 1989 when I was working at Pulte Homes and Bill Pulte presented the concept at a board of directors meeting.

Remodeling 52

Remodeling Cash Flow Profitability US 52

Contractor Bookkeeping

NOVEMBER 18, 2013

I talk endlessly during in person presentations to gatherings of contractors and other business owners about developing and monitoring their construction company''s strategy, expansion isoquants, business plans. What Gets Measured Gets Managed!

Accidents 48

Accidents Accounting Construction Profitability 48

Autodesk Construction Cloud

DECEMBER 12, 2021

As to the “I,” CFMA notes that indicators usually are quantitative data, such as numbers or percentages, that present a quick picture of a condition and its “favorable or non-favorable status.”. The magazine points to “cash flow and receivables” as “backward-looking” or lagging financial indicators. Check in on Your KPIs.

Profitability 52

Profitability Products CFMA Construction 52

PSMJ Resources

JUNE 19, 2012

While consumers are guardedly optimistic about the present, their outlook for the future has dimmed in recent months. • Progress on projects continues to be excessively slow, and we’re having cash-flow and credit issues at a time when newly signed contracts are pushing us to grow our business. Business Presentations.

Resource 46

Resource Architecture Commercial Cash Flow 46

PSMJ Resources

MARCH 26, 2012

The PM must understand finance and serve as the last bastion of the firm’s cash flow picture. Business Presentations. However, each team member must be allowed to exercise judgment and creativity within the constraints of the project and the team member’s role. • Accomplish rather than excuse. New York Times.

Project Management 43

Project Management Resource Management Cash Flow 43

PSMJ Resources

OCTOBER 6, 2011

These benchmarks are indicative of performance in the various aspects of business operations, including cash flow, overhead control, business development, project performance, staff utilization, and overall profitability. Business Presentations. Thomas Miller & Partners, LLC TSP Inc. Design-Build Institute of America (DBIA).

Resource 46

Resource Consulting Engineering Architecture 46

Autodesk Construction Cloud

MARCH 7, 2022

This growth and recent changes in the construction landscape present both challenges and opportunities for plumbing contractors. The bidding process is one of the most time-consuming and critical to ensure cash flow and steady work. The plumbing contracting industry continues to grow at a promising rate.

Contractors 98

Contractors Innovation Bidding Resource 98

PSMJ Resources

JULY 27, 2012

It’s] nice to have more cash flow, but still not very promising long term. Business Presentations. . —55-person firm in the Midwest, institutional specialization. We have had a flurry of contracts signed, but most are for work that had been previously delayed. [It’s] Design-Build Institute of America (DBIA).

Resource 43

Resource Architecture Cash Flow Employment 43