Construction Junkie

JULY 8, 2020

Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone were back and all had strong showings in the voting round. Check out our full review of The Lien Zone by clicking or tapping here. #7: Check out our full review of The Construction Management Podcast by clicking or tapping here. #11:

Construction 121

Construction Lien Zoning Industrial 121

Levelset

FEBRUARY 11, 2022

If your company uses QuickBooks – one of the most popular entry-level accounting platforms for contractors – you already have built-in tools that can help you manage, track, and report on their accounts receivable. In this article, we’ll show you how to manage A/R in QuickBooks , with screenshots to help you navigate the process. .

Accounting 52

Accounting Management Contractors Lien 52

Construction Junkie

MAY 20, 2020

Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone are back, as well as a many other podcasts that are new to the competition. vote for the lien zone. The duo talk about a ton of interesting and relevant topics for construction managers, like managing clients, dealing with underperforming trades, and QA/QC.

Lien 116

Lien Construction Zoning Industrial 116

Autodesk Construction Cloud

FEBRUARY 1, 2024

Despite this, both general contractors and subcontractors struggle with the complexities of the payment process and face significant cash flow obstacles. Time and time again, I hear about contractors’ frustrations and struggles with late payments and cash flow and how it negatively impacts their businesses.

Autodesk 87

Autodesk Cash Flow Construction Risk 87

Construction Cost Estimating

NOVEMBER 8, 2013

Textura Corporation, the most recognized collaboration solutions provider for the construction industry, just introduced Textura-CPM, the powerful construction payment management system, for developing the payment process for effective construction management.

Management 45

Management Cash Flow Construction Lien 45

Levelset

APRIL 5, 2022

Bigger projects require more materials and more labor, which means higher cash requirements. Contractors can take on more work than their cash flow will let them perform, leaving them scrambling for cash to pay their bills or their employees. But what about cash flow? Forecast cash flow.

Cash Flow 52

Cash Flow Finance Construction Materials 52

Levelset

AUGUST 5, 2022

For example, here’s a recommended breakdown of a principal architect’s hours: 25% marketing and business development (bringing in new work) 25 to 35% administrative and financial tasks, team management 40 to 50% architecture and design. Pay close attention to cash flow. Learn more: An architect’s guide to cash flow.

Architecture 52

Architecture Cash Flow Income Lien 52

Levelset

JULY 19, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing as smoothly as your paint. Here’s a little-known fact about growing a painting business: It can be incredibly cash-hungry. Review your cash flow regularly.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 18, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing through your financial pipes. Here’s a little-known fact about growing a plumbing business: It can be incredibly cash-hungry. Review your cash flow regularly.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 15, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing like current on a hot line. Here’s a little-known fact about growing an electrical business: It can be incredibly cash-hungry. You need to be a master of your cash flow.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Levelset

MAY 2, 2022

Contractors trying to grow their business and take on larger projects often struggle to manage their cash flow to purchase the materials they need. Many contractors use trade credit to delay paying for materials and keep more cash in their pockets. Provide a plan. Get more trade preferences.

Negotiation 52

Negotiation Materials Cash Flow Finance 52

Levelset

JUNE 21, 2022

So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow. An HVAC company that’s not managing cash flow is probably doing about as well as an AC unit that isn’t cooling.

Cash Flow 52

Cash Flow Contractors Accounting Profitability 52

Levelset

JULY 22, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing like water down a valley. Here’s a little-known fact about growing a roofing business: It can be incredibly cash-hungry. You need to be a master of your cash flow.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

Levelset

JUNE 6, 2022

Managing slow payment cycles. Because retention is often held for a long period of time, it can create cash flow problems for contractors. Contractors must weigh whether to use a mechanics lien to protect their payment rights.

Accounting 98

Accounting ABC Banking Liability 98

Contractor Bookkeeping

JUNE 18, 2013

Cash flow issues kill contractors even though they have profit. Sales tax liens against contractors twenty two times higher than any other business. Poor document management results in overpaying taxes. Poor document management results in overpaying taxes. Poor scheduling affects production and cash flow.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Levelset

JUNE 16, 2022

When payment problems come up, contractors on public projects can’t turn to the mechanics lien for the solution — both the federal and state governments prohibit private companies from gaining interest in public property. New Jersey bond claim laws & liens on contract funds. Preliminary notice requirements.

New Jersey 52

New Jersey Lien Claims Contract 52

Levelset

FEBRUARY 14, 2022

Not only does retainage make it harder for a construction business to manage cash flow — simply recording the transaction can be a feat. As a result, the deadline to file a mechanics lien for retainage also differs from regular payments, as does the deadline under Prompt Payment rules.

Contractors 52

Contractors Accounting Cash Flow Lien 52

Levelset

APRIL 7, 2022

Shady, fly-by-night contractors will promise customers the world — and they hide the fact that they can put a lien on the owner’s home. They’ll collect a few checks, perform shoddy work, and then file a lien when the customer doesn’t pay. It’s also important to educate your customer about mechanics liens. Be responsive.

Contractors 52

Contractors Lien Education Housing 52

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Sales tax liens against contractors twenty two times higher than any other business. Poor document management results in overpaying taxes. Poor document management results in overpaying taxes. Poor scheduling affects production and cash flow.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Levelset

APRIL 1, 2022

Restricted cash flow. In the meantime, they extended themselves on the replacement item, and they’re out that cash. And, if cash flow is tight that month, they might take out a line of credit and pay interest moving forward. Learn more about cash flow in construction. Higher costs.

Site 52

Site Cash Flow Insurance Construction 52

Autodesk Construction Cloud

MAY 5, 2023

Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.

Office 52

Office Autodesk Accounting Project Management 52

Levelset

AUGUST 17, 2022

Related: An architecture firm’s guide to cash flow. For example, let’s look at a two-person firm that includes a designer and an office manager. The office manager focused solely on admin tasks, working a total of 80 hours. Without cash inflow, companies have no way to pay their employees and vendors.

Profitability 52

Profitability Lien Overhead Cash Flow 52

Contractor Bookkeeping

JUNE 15, 2012

The only thing you know is your old boss was a terrible business manager and anyone could do better than that. If you are thinking of doing your own bookkeeping think again, your time is more valuable in managing your business, getting customers and keeping them happy. Payment Terms - Should need to add positive cash flow.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JUNE 20, 2014

The only thing you know is your old boss was a terrible business manager and anyone could do better than that. If you are thinking of doing your own bookkeeping think again, your time is more valuable in managing your business, getting customers and keeping them happy. Payment Terms - Should need to add positive cash flow.

Insurance 48

Insurance Construction Claims Accounting 48

Levelset

AUGUST 16, 2022

Whenever you need to get construction bonds to perform work on a proposed project, your priority is to show the surety company how you plan to manage the particular risks and minimize the downside. It is also helpful to provide the surety with a cash flow projection for the project.

Risk 52

Risk Cash Flow Construction Banking 52

Contractor Bookkeeping

JANUARY 2, 2015

The only thing you know is your old boss was a terrible business manager and anyone could do better than that! If you are thinking of doing your own construction bookkeeping think again, your time is more valuable in managing your business, getting customers and keeping them happy. They Have A Business Process Management Strategy.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

OCTOBER 4, 2013

Construction Project Manager PMP. Construction Project Manager Thinking Patterns. Cash flow issues kill contractors even though they have profit. Sales tax liens against contractors twenty two times higher than any other business. Poor scheduling affects production and cash flow.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Levelset

APRIL 28, 2022

In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. Halfway through the project, LA Plumbing has significant cash flow problems and they can no longer pay their vendors or employees. Ty Moffett, Bond Department Manager at A.G.

Insurance 52

Insurance Contractors Claims ABC 52

Autodesk Construction Cloud

DECEMBER 18, 2021

Step six is to write up a final report outlining each of the previous steps for upper management. Your designers, accountants, and managers all need to play a role in the closeout process. Risk assessment is the fifth step and requires you to identify potential risks or liabilities that could arise in the future.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Buisness Facilities Contributed Content

APRIL 15, 2014

Alabama Industrial Development Training (AIDT): State training program certified in compliance with ISO 9001:2000, the International Organization for Standardization Principle for Quality Management. It also provides certified manager training and supervisory and team leadership training. Supply chain management.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

ALABAMA INDUSTRIAL DEVELOPMENT TRAINING (AIDT): State training program certified in compliance with ISO 9001:2000, the International Organization for Standardization Principle for Quality Management. It also provides certified manager training and supervisory and team leadership training. Supply chain management.

Income 75

Income Finance Zoning Equipment 75

Levelset

MAY 25, 2022

In fact, Levelset’s 2022 Cash Flow & Payment survey results indicate companies working on public projects are more likely to report slow payment and payment problems than those on private projects. Learn more about California lien law : California Mechanics Lien Rules & FAQs.

California 52

California Claims Lien Contractors 52