article thumbnail

How To Negotiate A Higher Credit Limit With Your Building Material Supplier

Levelset

Contractors trying to grow their business and take on larger projects often struggle to manage their cash flow to purchase the materials they need. If you can show that you’ve been growing and seen an increase in work while remaining profitable, the vendor may feel comfortable increasing your limit. Provide a plan.

article thumbnail

Construction Company Failure Root Causes

Contractor Bookkeeping

Sales tax liens against contractors twenty two times higher than any other business. Poor document management results in overpaying taxes. Management skills are learned in the school of hard knocks. Predominantly not financial managers and do not understand the value of outsourcing.

professionals

Sign Up for our Newsletter

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

article thumbnail

Process Dependent Vs. People Dependent Increases Contractor's Profits

Contractor Bookkeeping

Sales tax liens against contractors twenty two times higher than any other business. Poor document management results in overpaying taxes. Management skills are learned in the school of hard knocks. Predominantly not financial managers and do not understand the value of outsourcing. Need Help Now?

article thumbnail

Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

Construction Project Manager PMP. Construction Project Manager Thinking Patterns. Sales tax liens against contractors twenty two times higher than any other business. Poor document management and QuickBooks setup incorrectly results in overpaying taxes. Management skills are learned in the school of hard knocks.