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How To Finance a Business: Short-Term vs. Long-Term

Construction Marketing

Securing funding is one of the most crucial steps when starting or expanding a business. It’s generally used to cover immediate business needs, such as payroll, inventory purchases, or unexpected expenses. However, deciding on the right financing type can significantly impact immediate operations and future growth.

Finance 278
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Fraud Fears

Carol Hagen

Hunter Hagan & Company, Ltd , CPAs sponsored an Avoiding Fraud seminar at First Western Trust Bank in Scottsdale that was packed with great advise, statistics and lessons learned. And IT has to worrry about data theft, data files contain employee social security numbers etc., It’s a small fee to provide peace of mind. .

Inventory 100
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How Contractors Maximize Lines Of Credit To Grow Their Businesses

Contractor Bookkeeping

Friends and/or family members offer a low-stress way to secure funding. Of course, banks offer a wide variety of loans to help small businesses raise cash. However, most contractor requests for funding are for the little things that make a business hum, such as more inventory and a new point of sale system.

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How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

But when it comes to land inventory strategies, most builders seem reluctant to rely on a “just-in-time” model to acquire land as needed for immediate construction. Certainly, publicly traded home builders have pivoted to land-light business models that allow them to forgo owning years’ worth of land inventory. In the Real World.

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When Will the Fed’s Rate Hikes Come to an End?

Pro Builder

The Fed’s rate hikes are already having an effect on a cooling housing market, and its September “dot plot” indicated that the central bank expects the target for the federal funds rate by another 75 basis points in November, followed by 50 in December and 25 points at the start of 2023.

Finance 52
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Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Debt capital is funding that a construction business acquires by borrowing, typically from banks or other lending institutions. Read more: How to secure funding for a construction business.

Debt 97
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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. The fact is we need to get rid of this inventory before demand will increase. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Industry News.