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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Resource Center. 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
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Types of Capital for Construction Businesses

Levelset

Joshua Leyenhorst, a CPA at BasePoint who has worked with many construction companies, defines capital like this: “Capital is all of the financial resources available to start or maintain a construction company, including working capital, debt capital, and equity capital.” 3 types of capital for construction. Working capital.

Debt 97
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Resource Center. Anyone working in accounting or human resources has access to immense amounts of personal data. For example, banks and other financial institutions put in stronger measures than many other industries.

Security 120
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Resource Center. 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”?

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Resource Center. 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.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Resource Center. 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 |. Accounting & Finance.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Bank Balance - Un-cleared Checks) = Cash. Assets - Liabilities) = Equity. -. What little of it I have seen makes me very upset because I see the damage caused to contractors making management decisions on inaccurate reports. Think of it like shooting a movie on location without all the glamor, resources and money to go with it.