Remove Document Remove Finance Remove Legal Remove Profitability
article thumbnail

The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. Although public liability insurance is not a legal requirement, it should be regarded as essential. Legal Documents. There are many different types of insurance in the United Kingdom. Business Plan.

article thumbnail

Common Types of Construction Contracts And Their Use

cnstrctr

A construction contract is a document that outlines the roles and responsibilities between two or more parties on a project. It is a legally binding document that the groups agree to at the start of a project and are held accountable to throughout. The contract would be solely based on those documents and the scope of work.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Seven Things to Do When an Owner Doesn’t Pay

Constructonomics

Of course we fronted large amounts of money for labor and materials that we were now looking to finance because payment was not being made. This is mainly because I kept very accurate records and documentation throughout the project and made sure to get approvals in writing. File a Mechanic’s Lien (if you can).

Lien 186
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. 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. Bring all your financial documents to the initial meeting. Banks are attracted to profitable business. MANAGEMENT |.

Banking 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Look for software that does a better job providing applications based on the workflow of a project from cradle to grave, and that provides web-based anywhere-any time visibility into job progress, profitability, change management, and more for everyone who involved in the success of a job. MANAGEMENT |.

Software 136
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Project Document Management : Your Communication Strategy. Because some very specific documents are created and used throughout the life of a typical construction project, these documents can serve as the center of your communications strategy. Document availability. Document relevance.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Consider these three vital areas: Construction Project Documents: How do you move documents through your organization? When documents are created or modified, are the appropriate people notified? There are a number of software packages out there that allow document sharing. MANAGEMENT |.