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Budgeting, Forecasting, And Goal-Setting In Your Construction Company

Contractor Bookkeeping

If you're like many construction business owners, you may need help understanding your finances or how you can use your financial information to make decisions for your business. We often get into business because we love a product or service we want to provide, but it's less common that we love managing the financial aspects of our business.

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How To Improve The Management Of Construction Site Inventory

Construction Marketing

Site inventory management is a crucial part of any construction business. Additionally, each delay inevitably drains finances and your company’s image. Updating your inventory management style will require a bit of creativity in equal measures of practicality. Implement The Use Of Management Software.

Inventory 266
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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Effectively managing cash flow is critical for contractors’ success. Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Create Rolling Enterprise Cash Flow Forecasts.

Cash Flow 130
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Marketing and Accounting Teamwork?

Construction Marketing

In the past, the marketing and accounting functions within a company were not frequent collaborators save the annual budgeting or forecasting process. Meanwhile accounting and finance employ Financial Planning & Analysis tools (FP&A), Business Intelligence (BI), and other software to deliver in-depth analysis and reporting.

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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. It allows real estate market investments without directly purchasing and managing properties. By adopting these technologies, REITs can reduce operating costs and improve the overall efficiency of property management.

Income 211
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Lovell hires former Stewart Milne regional MD

Construction Enquirer

Challinor joins from his previous role as regional managing director at Stewart Milne, taking over the managing director position from Lee Sale, who left the company in January. Coming from a finance background he previously held positions at Morris Homes, MyTravel and Thomas Cook.

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5 Critical Construction Project Reports your System Should Pull Without Fuss

Viewpoint Construction Technology

The main reason construction businesses implement an integrated project management system is for the visibility that they can gain over every aspect of a project. Here’s a list of key reports that you should be able to pull at any moment from your construction project management software: Basic Accounting Reports.

Cash Flow 130