Remove Bankruptcy Remove Bidding Remove Finance
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How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems. The same goes with managing sub-contractors and suppliers.

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Guest Blog – 5 Common Misconceptions About Surety Bonds

Construction Law Monitor

However, the contractor needs to pay the bond premium after she actually wins the bid. A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. Washington, D.C.’s

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Guest Blog – 5 Common Misconceptions About Surety Bonds

Construction Law Monitor

However, the contractor needs to pay the bond premium after she actually wins the bid. A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. Washington, D.C.’s

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Stop Bookkeeper Embezzlement In Your Construction Company

Contractor Bookkeeping

Being Ripped-Off And Driven Into Bankruptcy! Bookkeeper Embezzlement Can Destroy Your Construction Company And Your Personal Finances. This is, always has been and will continue to be a major headache and in some cases the direct cause for construction company owners to file business and personal bankruptcy.

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How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

It’s important to keep your business’ finances separate from your personal accounts. What kinds of jobs are they bidding on? If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. We have a contractor licensing guide for every state you can refer to.

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How to Start a Plumbing Business: 9 Tips for Growth

Levelset

It’s important to keep your business’ finances separate from your personal accounts. What kinds of jobs are they bidding on? If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. Analyze your competition.

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How to Start an Electrical Business: 9 Tips for Growth

Levelset

It’s important to keep your business’ finances separate from your personal accounts. What kinds of jobs are they bidding on? If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. Analyze your competition.