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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

The Balance Sheet is the summary report which shows all of the assets minus the liabilities which equals the "Book Value" or owner''s equity. Owner’s equity is in theory what would be left over if you liquidated the company, sold the assets and paid all of the debts or liabilities. Business Process Management (BPM) For Contractors.

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Construction quality management: Everything you need to know

Lets Build

Construction quality management is broadly similar to project management. It requires written standards that can be referred to at any time by employees, sub-contractors, and clients alike. A construction quality management plan is never finished—it’s always evolving. Creating a plan.

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Why Projects Fail

Job Order Contracting

Organizations that do not implement and continuously import upon a program-based approach, under which all projects a planned, procured, and executed, suffer from unclear objectives , shifting requirements , unrealistic schedule s, and reactive planning , Poor planning and poor change management impede individual project successes.

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3 ways to avoid defects in construction

Lets Build

These types of defects can be particularly expensive; it’s not uncommon to only notice material defects after a contractor uses them in the project. Defects due to omission are typically fixed through change orders that add to the scope of work for one or more contractors. Design defects. Workmanship defects. Poor communication.

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

QuickBooks For Contractors Setup. We Fix Bad QuickBooks For Contractors Setup Issues. Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle.

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Relationship between the designer and the contractor

Construction Business Owner

» Relationship between the designer and the contractor. One part of our industry that I simply cannot get my head around is the oftentimes adversarial relationship that exists between the building design professionals and the building contractors on a particular job. Committing Intentional Project Communications.

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Construction Business Owner Blogs

Construction Business Owner

« Better Project Management through Better Communication. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. The contractor doing the work was working for the city at the time. The city was the “general contractor” and owner of this project.