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12 Pitfalls New Contractors Should Avoid

Construction Business Owner

New contractors, like all contractors, face challenges around workload: cash flow, staffing and contracts. A savvy new contractor is one who anticipates and protects their fledgling business against the many challenges both on the jobsite and back at the office. Construction Insurance. Section In the Office.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

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A Cash Flow Guide for Architects

Levelset

However, like any other business, you need to maintain positive cash flow or you may find yourself unable to pay your workers and other expenses. Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. Cash flow basics.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. February 2009.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Collaborating on Cash flow » The Year of Mobile Technology? And there are plenty of advantages to “mobilizing” your construction company: improved communication between field and office. real-time data updates at the office , leading to better reporting and better data on which to make decisions.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. There is wonderful technology available for the field and for back office operations. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Keeping documents as electronic files reduces paper waste and clutter in your office because you can get rid of the filing cabinets. If the answer was no to any one of these, you have an opportunity to make your accounting office operations much easier. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.