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Types of Capital for Construction Businesses

Levelset

Construction companies need capital to get off the ground, stay in business, and keep growing. The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Construction companies need a solid understanding of capital to run a successful business. .

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Let me tell you about Construction’s Secret Weapon. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. How Does WIP Fit into the Construction Business?

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. Now more than ever, I encourage young people to consider a career in the construction trades,” he says. New Single-Family Home Inventory. NAHB New Chair to Tackle Regulation and Promote Trades. Mon, 08/03/2020 - 13:00. NAHB Housing Policy Briefing.

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

NAHB forecasts a 13% decline in 2022 and an 8% decline for 2023, with the slight moderation in next year’s decline being due to the Federal Reserve pausing interest rate hikes by that time, Dietz says. Wages are rising, but not as fast as inflation, so job growth and low household debt burdens are keeping the economy going,” Rogers adds.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Jeff Benach, co-principal at Lexington Homes, in Chicago, says his team regularly examines financial scenarios to forecast what the numbers could look like if sales declined by 10%, 20%, and so on. His team regularly examines financial scenarios to forecast what the numbers could look like should sales decline by 10%, 20%, and so on.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

and Walsh Investors, LLC will provide financing and long-term management for the project, while the construction work will be led by a joint venture team of Walsh Construction Company and Granite Construction Company. Navagant Research forecasts that the global SGaaS market, estimated at $1.7 Plenary Group USA Ltd.

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