Remove Change Orders Remove Finance Remove Legal Remove News
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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

Viewpoint recently published an e-book in collaboration with Construction Dive that outlines key ways to prepare for the new revenue recognition standards in the construction industry. This first step should be pretty easy for most contractors, since legally-binding contracts are already part of their processes. Identify the Contract.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Industry News. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. General Management.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Industry News. Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” General Management. Construction Law.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Industry News. Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Meet with them before every project to discuss not only the contractual provisions for scope of work and change orders, but also what you bid and why.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Industry News. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. The good news? Learn how better change order management and forecasting can help prevent profit fade. Add new tag. change orders. Construction Law.

Cash Flow 120
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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Industry News. I would like to share the following tips to use before approaching the bank(s) or other financial institutions for additional financing, and some non-bank financing options. There are also some approved finance companies, such as GECC, that will finance heavy equipment purchases.

Banking 120
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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Industry News. Good on new and used equipment, including software. All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. Add new tag. change orders.