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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.

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4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. One of the most significant challenges during that time was the lack of financing for commercial construction companies.

Finance 52
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Construction Risk Management: How to Reduce Top Construction Risks

Autodesk Construction Cloud

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Regardless, a solid risk management strategy is critical to the security of your company and project.

Risk 59
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What Your Business Credit Report Tells Lenders

Pro Builder

See how a solid business credit score increases your chances of securing capital to fund the growth of your business, and what you can do to improve your score. Having a solid business credit score increases a business owner’s chances of securing capital to fund growth. 15 Management Systems to Help You Avoid the High-Speed Wobbles.

Debt 52
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. Accounting & Finance. People Management. Equipment Management. So it’s no surprise that whenever I talk to companies about how they store their data, the number one concern I hear is in regards to security. Today’s Cloud Security. STRATEGY |.

Security 120
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Setting up a Job Order Contract Using Best Management Practices

Job Order Contracting

Setting up a Job Order Contract Using Best Management Practices involves a mix of strategic and operational steps including a gap analysis of current and planned outcomes. . e) Each signed task order becomes, in effect, a fixed price, lump sum contract and is managed accordingly. Planning and coordination. (a) Procedures.

Contract 100
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. Accounting & Finance. People Management. Equipment Management. 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. Management.

Banking 120