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Tips For Working With Banks And Lenders In The Construction Industry

Contractor Bookkeeping

If your company is experiencing rapid growth, you might find yourself navigating a good news/bad news situation: while your sales figures climb, managing cash flow becomes increasingly complex, pushing you to seek additional financing to meet the rising demand.

Cash Flow 124
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A Discussion on Change Management within Technology Adoption: the Good, the Bad and the Profitable

Viewpoint Construction Technology

We can bill it immediately, which helps to improve our work and cash flow. Now you can pre-invoice, accelerate that cash flow and get that cash in the door. So in terms of accelerated cash flow it’s gone from, what, a few weeks to a couple days? But what were you doing before this?

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Viewpoint Technology Awards – Call for Submissions

Viewpoint Construction Technology

Internally, Southern Botanical was also looking for greater revenue cycle efficiency and more consistent cash flow. The opportunity to present their story at this year’s show. Several clients wanted a method to auto-pay their balance automatically at the beginning of every month. The company’s results were amazing.

Viewpoint 200
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Types of Capital for Construction Businesses

Levelset

Debt capital can be vital for managing cash flow in construction. Debt payments spread out the cost of a large purchase over time, enabling a construction company to continue to take on new jobs and bring in revenue to tackle the debt while still maintaining enough cash to pay operating costs and grow. .

Debt 97
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How Generous Information-Sharing Builds Your Content-Based Marketing Program

Construction Marketing

A favorable article in Fine Woodworking magazine led to a flood of orders lasting months, which gave Louis the cash flow to design and manufacture other products he’s added to his lineup. For example, would the presentation of your next product catalog be more effective if you introduced a mini-tutorial on using one of your products?

Products 234
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Why Banks Won't Lend Money To Your Construction Business

Contractor Bookkeeping

Small construction business owners must be adequately prepared to meet with a lender to present their business in the best possible light and ready for the money they need. Getting approved for a business loan or line of credit is more complicated than qualifying for a personal loan.

Banking 127
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Construction Business Owner Blogs

Construction Business Owner

CBO magazine and Viewpoint Construction Software are pleased to present the webinar, “Managing Information Overload: Transitioning to a Paperless Environment” on June 21 at 1 p.m. With so many sources of information, it’s never been more important to take charge and develop a business information plan. February 2009. August 2008.