This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan. Final Thoughts.
INSURANCE |. Heck, you get trophies for participating in an event—not winning it. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. February 2009.
Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.
INSURANCE |. A colleague of mine has even considered not calling his children when a family event occurs, because his kids have generally heard about it two days prior via Facebook. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. August 2008.
Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults. Related: 16 types of insurance coverage for contractors. What is subcontractor default insurance? How SubGuard insurance works.
INSURANCE |. Called their “Spring Creek” event, CFMA chapter presidents from around the country gather for several days of leadership and team building exercises in Arizona. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law.
INSURANCE |. Ideas start flowing and problems are solved. Luckily, because the event was sponsored by CBO, I had the chance to sit in and ask questions of these readers. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law.
INSURANCE |. During the boom years, it was unheard of to bring a superintendent into the office for a planning event and definitely far-fetched to have them assist in the estimating process. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance.
INSURANCE |. Each year at this event I’m reminded that collaboration is vital to our construction industry. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. August 2008.
INSURANCE |. We will never advertise a one-day only Sale-a-Rama event with something for everyone. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.
INSURANCE |. Just like we expect our smart phones to alert us of daily events and provide us with apps that are easily accessible, contractors are expecting more from their machines and software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Construction Law.
My Primary Concern Is Helping Contractors Increase CashFlow And Profits. Most contractors have insurance to protect themselves and their construction company from catastrophic risks when something goes wrong. There Are Two Main Camps: #1 Contractors who go to great lengths to stop it. #2 2 Contractors who think it is O.K.
It is also helpful to provide the surety with a cashflow projection for the project. In the event of issues, access to additional sources of liquidity, like a bank line or personal funds, is also important. Your available cashflow can also be affected by the payment terms and retention amount.
It is heartbreaking to see so many good men and women work hard all their lives, miss out on children’s events, working weekends and holidays and having their wives and girlfriends working at a job to help pay the bills paid and provide health benefits for the family. In addition you may be liable for negligence charges.
The possibility of running out of cashflow, mismanaging of funds, plummeting economy, increasing cost of materials, and other similar concerns are daunting and real. Risk management plans often save companies from going under in the event of an emergency. This includes taking out insurance on the project.
The possibility of running out of cashflow, mismanaging of funds, plummeting economy, increasing cost of materials, and other similar concerns are daunting and real. Risk management plans often save companies from going under in the event of an emergency. This includes taking out insurance on the project.
The primary purpose for having a computer server in your office it to keep your financial records, client information and estimates safe in the event of disaster. Insurance can help put your cars, trucks and offices back together but not the financial records you need to stay in business.
A whole stream of events issues from the decision, raising in one''s favor all manner of unforeseen incidents and meetings and material assistance, which no man could have dreamed would have come his way. A good commercial attorney will draw up employment agreements, construction contracts, review insurance policies and more.
Construction Suite is a powerful & comprehensive multi-project construction management system designated for advanced Estimating, Job Costing / Accounting Scheduling & Calendars, Contracts, Specs, and Document Management, Insurance Tracking, Company Management etc.
Beyond that, safety incidents can mean higher insurance payments. The magazine points to “cashflow and receivables” as “backward-looking” or lagging financial indicators. A safer site incurs less risk and long-term costs. If issues do occur, they could set your project back both in time and money.
The updated Pennsylvania incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. The program will utilize $100 million in deferred tax credits to insurance companies in the state. PA First Program: Funding was increased in FY 2013-14 to $37.8
The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.
Burns Logan is a construction lawyer focused on helping contractors, design professionals, insurers, and sureties get projects done and resolve disputes. Surety bond producers, underwriters, accountants, and attorneys all have valuable information you can use to make your business more profitable.
We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.
We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.
Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.
CORPORATE BUSINESS TAX EXEMPTIONS: Available for: All insurance companies, Connecticut incorporated and non-Connecticut incorporated. Corporate income, insurance premium and sales and use taxes for certain banks, insurers and investment companies locating in the Hartford Financial Service Export Zone that conduct all business with non-U.S.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content