Fieldwire

AUGUST 14, 2023

For many construction businesses, the retainage payment accounts for their entire profit margin on the project. Subcontractors who typically work at the beginning of a project — laying the foundation, for example — may be forced to wait months or years before they’re able to collect retained amounts. Retainage is no different.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Autodesk Construction Cloud

FEBRUARY 1, 2024

A strong financial base in construction is as vital for success as a solid physical foundation is for any building project. Paired with razor-thin profit margins, it’s increasingly difficult for construction firms to build and maintain the financial foundation necessary to compete and thrive in the industry.

Autodesk 87

Autodesk Cash Flow Construction Risk 87

Levelset

JULY 18, 2022

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on. While cash flow is critical for survival, profit is essential for growing a plumbing business.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

SEPTEMBER 28, 2022

Laying Foundations. Hosts Davis Hambrick and Walker Lott talk their listeners through career paths, growth, and strategies in episodes of Laying Foundations. Profit Tool Belt. Contractors who want to learn more about how to market themselves, build their customer base, and get paid should turn no further than Profit Tool Belt.

Construction 52

Construction Schedule Safety Industrial 52

Levelset

MARCH 31, 2022

If a contractor doesn’t receive payment, they can’t go after the insurance company – but they do have the right to file a mechanics lien on the owner’s property. With new customers in difficult situations, laying the foundations for great relationships takes on great importance. Gain the owner’s trust. Keep detailed records.

Insurance 93

Insurance Deals Contractors Claims 93

Contractor Bookkeeping

JUNE 20, 2014

You do all the work they get half the profits and you politely refuse. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. The customer may also receive the legal defense of a claim because your general liability policy for FREE!

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Tax Advantages For LLC or a Sub S - If you do not setup your corporation correctly the profit or loss from your business will be passed through to the owners as normal income. 20% Of The Contractors Earn And Keep 80% Of The Profits.

Construction 48

Construction Insurance Accounting Claims 48