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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. Poor cash flow management is the number one reason why construction businesses fail. Plan out your cash flow.

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. 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. General Management.

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What is Retainage in Construction?

Lets Build

Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. However, even though retainage is commonplace, it’s not always used fairly.

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. 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. General Management. Software & Technology. Accounting & Finance. Green Building.

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Business Intelligence for Construction is On the Rise & It’s Obvious Why Contractors are Loving It

Viewpoint Construction Technology

Each project carries a significant amount of risk including countless safety issues, stringent regulations or contractual obligations, weather delays, lack of qualified labor, subcontractor performance and inconsistent cash flows, just to name a few. There has to be a better way!

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

Compliance/Regulations. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety.

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. Tags: cash flow , Construction Software , document management , job cost , reporting. General Management. Software & Technology. January 2009.

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