Lets Build
JUNE 23, 2023
What do your construction KPIs look like? Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. No one wants a project full of change orders and rework.
Lets Build
JUNE 23, 2023
What do your construction KPIs look like? Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. No one wants a project full of change orders and rework.
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Best Practices Construction Law
NOVEMBER 26, 2012
Who couldn't use more cash during the holiday season? No matter the season, however, construction companies rely heavily on cash flow to fund their operations. Cash flow depends on so many variables, but there are a few that you can control. Tie bonuses or other incentives to effective cash flow management.
Contractor Bookkeeping
OCTOBER 6, 2023
Small construction business owners must be adequately prepared to meet with a lender to present their business in the best possible light and ready for the money they need. Getting approved for a business loan or line of credit is more complicated than qualifying for a personal loan.
Levelset
APRIL 5, 2022
Contractors can take on more work than their cash flow will let them perform, leaving them scrambling for cash to pay their bills or their employees. Ensuring consistent cash flow throughout a project is the key to scaling your contracting business. Why contractors run out of cash. But what about cash flow?
Levelset
MARCH 11, 2022
And any savings on paper are usually lost mid-way through the project in change orders. It’s time to re-educate the construction industry and reframe the “low bid wins” philosophy. Owners or developers frequently push for the low-bid procurement method in construction. Low Bidding Impacts Contractor Cash Flow.
Viewpoint Construction Technology
OCTOBER 23, 2018
Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. That, however, is changing.
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