Construction Business Owner

FEBRUARY 16, 2012

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Crunch the numbers – Banks like proactive business owners.

Banking 120

Banking Construction Cash Flow Finance 120

Levelset

MARCH 21, 2022

Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. Protect your lien rights.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Constructonomics

FEBRUARY 4, 2013

Noelle Hirsch is a regular contributing researcher and writer for the online construction management site, [link]. In today’s post, she delves into the timely topic of integrating efficient construction management and LEED certifications into building practices to lower operating costs and reduce energy use.

Certification 122

Certification Management Green Construction 122

Buisness Facilities Contributed Content

JULY 1, 2013

Sutton, CAE, President and CEO of the Equipment Leasing and Finance Association. That’s why it has never been more important for startups and small businesses to understand their options for financing the equipment needed to operate and grow their businesses. By William G. Key Benefits for Unique Business Needs.

Finance 63

Finance Equipment Cash Flow Leases 63

Construction Marketing

JANUARY 25, 2023

You must secure financing for the project. Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. The developer may also be responsible for arranging to finance the project, which can consist of a combination of equity and debt.

Commercial 208

Commercial Leases Regulation Finance 208

Levelset

SEPTEMBER 30, 2022

Add in being denied a bank loan, and the frustrations mount. With your back against the wall, dipping into your personal bank account may feel like an easy solution. In this article, we’ll share five ways you can increase your cash flow when the bank denies you access to the money you need to start or grow your construction company.

Cash Flow 52

Cash Flow Banking Finance Bidding 52

Building Radar

AUGUST 8, 2024

Financing is a critical component of construction projects, influencing everything from project scope to execution. Understanding the regulations surrounding construction project financing is essential for developers, contractors, and stakeholders. Financing options may include loans, equity financing, and government grants.

Finance 52

Finance Regulation Equity Debt 52

Wolgast Corporation

NOVEMBER 28, 2022

On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of requests are common place in today’s world when an owner finances the construction of a building.

Lien 117

Lien Risk Contractors Banking 117

Viewpoint Construction Technology

JUNE 19, 2018

Meanwhile, JBKnowledge’s Construction Technology Report noted that workflows like accounting, estimating and project management depend more and more on integrated software. By 2020, technology adoption in construction is expected to reach 70 percent, according to a 2017 report from McKinsey Global Institute. million in annual benefits.

Software 200

Software Software Viewpoint Construction 200

Levelset

FEBRUARY 3, 2023

Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. One of the most significant challenges during that time was the lack of financing for commercial construction companies.

Finance 52

Finance Cash Flow Materials Security 52

Construction Business Owner

MARCH 6, 2011

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. Mr. Rattner discussed the stress tests given by the Treasury Department to large banks that were receiving TARP funds. What would you do next week if you lost that job you had been banking on? Management.

Construction 120

Construction Software Software Accounting 120

Buisness Facilities Contributed Content

MAY 12, 2014

This Contributed Column is brought to you by RealStreet 2015 , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. A new survey from TD Bank reveals a surge in both economic optimism and capital spending plans among middle market and large corporate finance executives.

Banking 68

Banking Finance Regulation Environment 68

Contractor Bookkeeping

AUGUST 6, 2014

You Want Money; Banks Want To Lend Money, What''s The Problem? Multiply That By 100,000 And You Will Begin To Understand Why Banks Seem So Tight Fisted About Loaning Money. Banks stay in business is by loaning money and earning interest. The Risk Management Association (RMA). A Bit Of History Helps With Understanding.

Finance 48

Finance Accounting Construction Banking 48

Levelset

OCTOBER 19, 2022

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. These risks should be a non-issue when contractors have a comprehensive risk management plan in place.

Contractors 98

Contractors Lien Finance Construction 98

Construction Business Owner

FEBRUARY 23, 2012

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. For example, banks and other financial institutions put in stronger measures than many other industries. Better Project Management through Better Communication. construction management. Management.

Security 120

Security Construction Software Software 120

Green Building Law Update

DECEMBER 27, 2015

Banks are beginning to use GRESB data in real estate lending. It is clear that the finance industry is embracing green building. The outcomes of the GRESB Survey are reflected in a GRESB Score, as well as sub-scores for Management & Policy (30% weight) and Implementation & Measurement (70% weight).

District of Columbia 120

District of Columbia Sustainability Green Finance 120

GCP Applied Technologies

JUNE 9, 2020

"For taller, more design-forward concrete framed structures, the design concrete compressive strength may be 10,000 psi or more," says GCP Applied Technologies Technical Services Manager Jason D. When it comes to supporting high-rise construction, concrete producers want to create mixes that are strong and workable, yet don’t break the bank.

Concrete 125

Concrete Construction Materials Finance 125

Levelset

JULY 25, 2022

Construction companies need to know the differences between the three types of capital and why each one is useful for managing and growing a business. Because payment for construction jobs may be weeks or months after work is already completed, companies must manage their finances carefully to maintain cash reserves for taking on new jobs.

Debt 97

Debt Cash Flow Equity Finance 97

Pro Builder

MARCH 29, 2021

However, don’t hire a sales team without proper management and training. Make sure you have a management team that can find, recruit, train, and onboard sales consultants. Having a strong sales team in place can also make obtaining financing easier. Business Management. Business Management Best Practices.

Consulting 98

Consulting Resource Management Banking 98

cnstrctr

JANUARY 4, 2020

The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain. Construction Management Contracts. Construction Management contracts were introduced in the 1980s as a new way to manage construction contracts.

Contract 88

Contract Construction Finance Documentation 88

Green Building Law Update

OCTOBER 13, 2019

The Bill if enacted would also create a new permanent Sustainable Finance Advisory Committee that must within 180 days of first meeting submit to the SEC “recommendations about what ESG metrics” the SEC should require be disclosed. But again, there is no realistic scenario under which this becomes law. Capitalism has and will drive progress.

DC 120

DC Sustainability Risk Liability 120

Contractor Bookkeeping

NOVEMBER 6, 2020

When you run your own contracting or trade business, your life involves many long days being on job sites while managing projects, staff, and clients. You can efficiently manage your projects, employees, finances, and records all through your computer or tablet, freeing you up to focus on your clients.

Software 90

Software Software Finance Deals 90

Construction Business Owner

MARCH 29, 2012

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. The Business of Construction Risk Management » The Fundamentals of Building Information Modeling (BIM). Does an electrical raceway run through a duct bank? construction management. Management.

Construction 120

Construction BIM Software Software 120

Contractor Magazine

JUNE 2, 2014

As time and seasons change, companies must seek different means of financing to meet their needs. However, alternative financing for businesses came to the rescue. Merchant cash advance loans, and invoice financing stepped in to fill the void left by the banks. Management' Content Classification: Curated.

Finance 48

Finance Contractors Banking Management 48

Construction Business Owner

FEBRUARY 23, 2012

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. For example, I have a mobile banking app on my smartphone. With it, I can check my balance, see transactions, and transfer money, but I can’t apply for a loan on my phone like I can on the bank’s website.

Software 120

Software Software Construction Mobility 120

Buisness Facilities Contributed Content

NOVEMBER 11, 2013

Facing pressure to manage costs, risks and energy consumption, commercial real estate investors are exploring how smart building technologies can help a company’s triple bottom line (people, planet, profits). Additionally, operational and energy savings begin shortly after the smart building management system is implemented.

Commercial 78

Commercial Sustainability Banking Management 78

Construction Business Owner

JUNE 8, 2011

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. The trouble is that banks often don’t have the capital cushion to foreclose on large properties and take the hit against their lending limit. Better Project Management through Better Communication.

Construction 120

Construction Software Software Equity 120

Pro Builder

JUNE 12, 2020

How Just-in-Time Land Deals Help Manage Cash Flow. The home building industry has historically benefited from advancements in building materials, technological innovation , long-term mortgage financing, and government support. Business Management. Fri, 06/12/2020 - 05:00. Justin Onorato. . Land Development.

Cash Flow 64

Cash Flow Deals Management Inventory 64

Construction Business Owner

OCTOBER 14, 2011

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. Change orders can be harder to manage – and present more of a profitability challenge – than pre-planned project work. STRATEGY |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. Green Building.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

MAY 11, 2011

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. The trouble is that banks often don’t have the capital cushion to foreclose on large properties and take the hit against their lending limit. Better Project Management through Better Communication.

Construction 120

Construction Software Software Equity 120

Pro Builder

JUNE 6, 2022

15 Management Systems to Help You Avoid the High-Speed Wobbles. But with that rapid growth come what I call “high-speed wobbles”—unsteadiness caused by lack of the management processes and systems needed to keep pace. Mon, 06/06/2022 - 07:00. Chuck Shinn. . Rising From the Ashes of the Great Recession.

Management 52

Management Cash Flow Profitability Schedule 52

Construction Law

NOVEMBER 4, 2024

News Our regular news round up reports on a major review of water industry regulation; a rail group urging the use of private finance; and a call for standard form contracts to be left unamended. Project Bank Accounts and alliancing contracts are key measures that offer protection to the supply chain.

Construction 40

Construction Insurance Contract Liability 40

Contractor Bookkeeping

MAY 2, 2013

Many Washington State Department of Revenue sales tax reports and payments, Federal 941 Payroll Tax returns and deposits were never filed and left unpaid, there was over $50,000 in jobs that were never invoiced, several bills had been paid twice and the contractor''s bank was returning a lot of checks due to insufficient funds.

Contractors 49

Contractors Banking Finance Accounting 49

Buisness Facilities Contributed Content

APRIL 15, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108

Income Finance Zoning Employment 108

The Korte Company

OCTOBER 9, 2018

Maximize soft cost management. Weigh your hotel construction financing options. Whatever the case, securing construction financing will play a big part of the early stages of a project. Whatever the case, securing construction financing will play a big part of the early stages of a project.

Finance 68

Finance Construction Materials Security 68

Contractor Bookkeeping

AUGUST 29, 2014

The sooner you learn how to manage your cash flow, the better your chances for survival. Narrowing, or even closing, these gaps is the key to cash flow management. For optimum cash flow management, examine your payables schedule and in some cases you may be able to earn 36% Return On Investment from your accounts payable.

Cash Flow 48

Cash Flow Management Contract Accounting 48

ENR Construction

OCTOBER 15, 2014

“Fears of Chinese companies calling the shots in AIIB-funded projects are unfounded," says Sunil Kanoria, vice chairman of Srei Infrastructure Finance Co. Business Management'

Infrastructure 28

Infrastructure Banking Finance Management 28