Remove Cash Flow Remove Debt Remove Negotiation
article thumbnail

How To Handle Construction Client Debt So You Get Paid On Time

Contractor Bookkeeping

Ideally, you want to reduce the chance of bad debts and pressure on your construction company's cash flow. When negotiating contracts with clients, try to set payment terms that help your cash flow, such as deposits or progress payments.

Debt 100
article thumbnail

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. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital. 3 types of capital for construction.

Debt 97
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

In the meantime, service agreement customers are a source of cash flow and are predetermined to call you instead of your competition when repairs are necessary. They may call your contracting company for future work or they may decide to shop the competition and use the information they find to negotiate for a lower price.

article thumbnail

Construction Law: May 2024

Construction Law

Arbitration Restructuring versus arbitral awards – will the debt survive? Paul-Raphael Shehadeh of Duane Morris analyses a dispute that will be of great interest to insolvency and international arbitration practitioners, that highlights the benefits of a negotiated dispute settlement.

article thumbnail

10 Contract Terms for Higher Profitability

PSMJ Resources

When negotiating a contract, insert as many of the following terms into the contract as possible: 1. It''s a good negotiating tactic to ask for money up front. To improve cash flow, ask the client to pay twice a month in accordance with a predetermined payment schedule. Get partial or full payment of fees before starting.

article thumbnail

Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Yet some tools and tactics are salient no matter the economic climate, such as controlling cash flow and getting out of deals that may no longer pencil out in the new conditions. . . 1] Mind Your Cash. If the market did roll over, he might have to lay people off, but would not be stuck with land debt. Is it profitable?

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

This allows many companies to recover investments more quickly, significantly reducing personal property’s full cash value, and taxes owed, over five years. Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. Arizona Innovation Accelerator Fund: $18.2 FINANCING .

Income 108