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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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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

There are several steps you should take now to prepare for a successful transition to the new standard: The first step is to: Build an inventory of your leases. Existing debt covenant calculations may need to be amended as a result of the implementation of the new lease standard. Determine how to account for each lease. Main Image.

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Advice for Home Builders Navigating a Market in Flux

Pro Builder

Chart: courtesy Shinn Builder Partnerships In addition, the average cost of sales (land and direct construction costs) was 73.74% of sales revenue, which generated a gross profit of 26.26%; within that, land represented 18.6% increase for all inputs for residential construction. Builders recording losses represented 6.5%

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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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5 Supply-Chain Takeaways ?From the Pandemic

Pro Builder

And I hope organizations take a closer look at the excess inventory category as well. . But a Lean approach to excess inventory at the distributor level was never meant to equal no inventory. I don’t know about you, but when I think of a distributor, I expect them to carry some inventory. And to what end?

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5 Supply-Chain Takeaways ?From the Pandemic

Pro Builder

And I hope organizations take a closer look at the excess inventory category as well. . But a Lean approach to excess inventory at the distributor level was never meant to equal no inventory. I don’t know about you, but when I think of a distributor, I expect them to carry some inventory. And to what end?

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

Wages are rising, but not as fast as inflation, so job growth and low household debt burdens are keeping the economy going,” Rogers adds. We will see rising inventory, fewer transactions, and probably falling home prices.”. And a decline in demand is arriving at a time when inventory is increasing. “Up in 2022 and 0.7%

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