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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Roofing isn’t a one-person job; you’ll need, at least, two roofing contractors to work on a single site. 9) Legality and Taxes. 10) Business bank account and credit card. A separate bank account will make management easier, and it will help protect your personal assets. 8) Brand name. Corporation . Conclusion.

Insurance 295
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You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

If you haven’t built a building in the last couple of years, you may be surprised when your banker tells you that they want to hire a Title Company to handle all of your payments to not only the General Contractor, but also directly to the General Contractor’s second tier Sub-Contractors. Why should you care?

Lien 117
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Successful Commercial Construction Strategies and Operations: Tip #2

HardHatChat

Key Steps Commercial Developers Can Take to Ensure Their Contractors are Financially Stable. In today’s market there’s no such thing as too much due diligence – especially when it comes to checking the financial stability of your contractors. So your general contractor’s financial problems are costing you time and money.

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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the new accounting lease standard. It is time for contractors to get serious about the FASB ASU 2016?02 As a result, it is imperative to consider all factors that may result in legally enforceable rights and obligations. The Impact of ASC 842 – The New Lease Standard Is Here.

Leases 177
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Construction Business Owner Blogs

Construction Business Owner

» Contractors Seeking Credit Should Prepare to be Prepared. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank.

Banking 120
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Gru Was Wrong About the Money: Court Concludes that Lender Owes Contractor “Contractually, Factually and Practically”

Best Practices Construction Law

I love Gru so much that when my children ask for money, my best Gru-like voice belts back: “ Now, I know there have been some rumors going around that the bank is no longer funding us….In Crown Bank , CA No. The owner and contractor entered into an AIA Contract for the construction management services. in BCD Associates.,

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Phases of Commercial Real Estate Development

Construction Marketing

Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. During the construction phase, the developer works with architects, engineers, and contractors to bring the project to life. You must secure financing for the project.