Constructlaw
SEPTEMBER 10, 2020
For public contractors, as the current backlog of work is burned off, the scarcity of future work can significantly strain cash flow and possibly the viability of the company. Employee Safety and Unions: Skilled craft persons working side-by-side on a project has always been the cornerstone of construction.
Construction Business Owner
AUGUST 30, 2011
Other reports that are typically offered include: EEO/Minority Compliance, Workers’ Compensation, Union Reporting, and the ability to create countless custom reports. Construction Payroll. Other Construction Features. February 2009. January 2009. December 2008. November 2008. October 2008. September 2008. August 2008. Tags accounting.
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Contractor Bookkeeping
JUNE 15, 2012
McDonalds Restaurants Earns - Massive profits and part of the reason is cash flow. Get setup at a bank and/or credit union that will offer to loan your construction client's money for small projects under $25,000. I love their business model; customers order first, pay second and get food last. They say just Show Me The Money!
Contractor Bookkeeping
JUNE 21, 2012
Union dues and pension funds. Tax Issue - Not paying taxes or late filing can cause fines and penalties to eat up every bit of your future cash flow and earnings. Variable pay scales depending on work performed. Prevailing wage depending on work performed. State, local and Federal payroll taxes. Garnishment orders.
Construction Business Owner
NOVEMBER 22, 2011
In fact, he turned his father’s small grave-digging business into a large union excavation business. Sure, there was a learning curve, but taking the time to learn how to use the backhoe (the current technology) made him substantially more productive. Leveraging technology is not limited to heavy equipment, though. February 2009.
Contractor Bookkeeping
JULY 27, 2012
Assets of Company - Cash / Receivables – Payables / Trucks / Tools / Equipment / Material. Assets of Firm - Cash / Business Process / Sales Process / Client List / Predictable Cash Flow. Contractor Not A Banker - Student of Business Consulting And Accounting who has mastered the art of managing cash flow properly.
Contractor Bookkeeping
SEPTEMBER 23, 2013
You can offer financing by getting a merchant account setup at a bank and/or credit union that will offer to loan your construction client''s money for small projects. Your construction client signs paperwork with the lender; you do the work and get paid.
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