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Construction Business Owner Blogs

Construction Business Owner

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. Crunch the numbers – Banks like proactive business owners. Projected future earnings.

Banking 120
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Construction Equipments

The Constructor

Soil Compaction Increasing the density of soil, along with its side effects of increased strength and decreased permeability, is usually desirable in earthwork construction and below building foundations. Operation The shovel operates using several main motions: hoist – pulling the bucket up through the bank (i.e.

Equipment 160
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Construction Business Owner Blogs

Construction Business Owner

It got me to thinking not only about how poorly managed large companies within an industry of that size and importance must be in order to collapse like it did, but also what makes something “Too big to fail”? Mr. Rattner discussed the stress tests given by the Treasury Department to large banks that were receiving TARP funds.

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Construction Business Owner Blogs

Construction Business Owner

For example, banks and other financial institutions put in stronger measures than many other industries. He noted, though, that while almost all banks protect secure transactions through the common HTTPS encryption, most of the security measures are implemented on the back end with multiple networks, firewalls, and layers of encryption.

Security 120
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Construction Business Owner Blogs

Construction Business Owner

Does an electrical raceway run through a duct bank? Though we’ve just scratched the surface here, hopefully, we’ve covered some fundamental characteristics of BIM that will help set the foundation on which we can all go forward. Committing Intentional Project Communications. document management. foundation.

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Construction Business Owner Blogs

Construction Business Owner

But to count on them as the source of profit is to bank on an unpredictable variable that is not under your control, that is hard to manage, and that you may wish to use for a completely different purpose – business development (more on this in a moment). Committing Intentional Project Communications. document management.

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Construction Business Owner Blogs

Construction Business Owner

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. Invest in staff training from the newest helper to the most seasoned project manager. Committing Intentional Project Communications. document management. foundation.