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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. Plus, establishing your business credit will make financing your business easier. . 1) Business plan.

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Banks Consider Climate Change Risk for Home Loans

Pro Builder

Banks Consider Climate Change Risk for Home Loans. Banks are starting to calculate their risk exposure to climate catastrophes, and this process can be called “underwaterwriting” or “blue-lining,” depending on whether you’re looking at it from the point of view of the bank or consumer respectively. Housing Policy + Finance.

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How a Construction-to-Permanent Loan Impacts Contractors & Lenders

Levelset

When a property owner wants to finance the construction of a new building, they typically have to obtain two loans: one loan for the mortgage on the completed home, and another for the land purchase and construction expenditures. Contractors need to pay close attention to detail in their project documentation and draw requests.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Drawings have been used by designers for centuries to communicate ideas to the construction trades. Until recently, those drawings were produced by hand, but in the last 25 years or so, computers have become the primary tool people use to produce construction documents. MANAGEMENT |. ACCOUNTING |.

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Common Types of Construction Contracts And Their Use

cnstrctr

The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain. Competitive Value – if the drawings are complete, having competitively tendered the project can create value as people try to beat each other for the project.

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Three Common Misconceptions about Design Build Construction

Wolgast Corporation

They benefit from having established drawings to help design the next store and a familiarity with contractors, and, therefore, are a good fit for General Construction services to complete their buildings. Companies that regularly open new locations most likely have a lot of experience with construction.

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Spec Home Builders Have Unique Bookkeeping Needs

Contractor Bookkeeping

Spec Home Builders - Need people trained in construction bookkeeping who understand how to put together a bank draw correctly, not someone with experience in regular bookkeeping. Yelling at the Incompetent Bookkeeper made them feel better; however, the financial damage to them, their families and their businesses was catastrophic.

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