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Year-End Financial Checklist for Construction Business Owners

Contractor Bookkeeping

As the year draws to a close, construction business owners find themselves in a critical period of reflection and preparation. The year's end is a time to celebrate past successes and an opportunity to assess financial health and strategize for the coming year. you can use our promo code YEAREND40.

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The Way Construction Finance Should Be

Construction Business Owner

CoFi’s flexible loanprograms and streamlined draw submission, payment, and digitalinspection processes tackle those obstacles head-on. Promote to rotator No Main Image Sponsored by Sponsor Link [link] Tags CoFi Lending Construction Accounting & Finance Social

Finance 367
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The Year-End Financial Checklist For Construction Business Owners

Contractor Bookkeeping

As the year draws to a close, construction business owners find themselves in a critical period of reflection and preparation. The year's end is a time to celebrate past successes and an opportunity to assess financial health and strategize for the coming year. you can use our promo code YEAREND40.

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Common construction cost estimating problems

Job Order Contracting

Labor Cost Miscalculations: Failing to account for factors like overtime, labor productivity, and prevailing wage rates, significant variations if workers compensations, can result in inaccurate labor cost estimations. Experienced Estimators: Utilizing estimators with relevant expertise and knowledge of the project type and local market.

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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

In a best-case scenario, a general contractor budgets a job based on thorough architectural and engineered drawings that encompass not only the client’s design intent, but also careful planning for everything from mechanical systems to cosmetic finishes. But in reality, the quality of plans we receive to work with at this stage varies widely.

Budget 337
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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Just like any new company, drawing up a business plan is crucial. 10) Business bank account and credit card. A separate bank account will make management easier, and it will help protect your personal assets. 11) Accounting. That said, achieving a stable starting point is your first goal. 1) Business plan.

Insurance 296
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Redefining Construction Document Management

Viewpoint Construction Technology

Once building begins, plans, specs and drawings are tweaked as efficiencies are noted, errors are corrected or work gets completed throughout the process. Paper has been the traditional format for plans, specs and drawings in construction. Dealing with paper plans and drawings in the field can be a hassle. Want to know more?