Construction Marketing

NOVEMBER 25, 2014

Paper forms decrease worker productivity, increase risk/liability, and decrease operational efficiency. Using paper forms and manual processes for safety inspections can increase your firm’s liability risks and cost hundreds of hours of employee time tracking site safety rather than actually ensuring it. Work Orders. Customer Invoices.

Mobility 235

Mobility Inspections Construction Safety 235

Autodesk Construction Cloud

FEBRUARY 25, 2022

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Like the Quick Ratio, Current Ratio measures a company’s ability to pay off its short-term liabilities with its current assets. Formula: Current Assets / Liabilities . Formula: Total Liabilities / Total Assets .

Safety 94

Safety Debt Liability Equity 94

Building Radar

NOVEMBER 18, 2024

The construction industry is complex, with various costs that influence project profitability. Understanding burden rates is essential for construction companies to accurately estimate costs and ensure projects remain profitable what is burden rate. One of the critical factors in determining project expenses is the burden rate.

Construction 52

Construction Insurance Profitability Bidding 52

Green Building Law Update

FEBRUARY 13, 2022

And maybe of greatest import, these new laws provide a map and compass for businesses believing that profit should come not from creating the world’s problems, but from solving them. Two separate regulations were “laid before Parliament by Command of Her Majesty and approved by a resolution of each House of Parliament”.

Regulation 194

Regulation Risk Sustainability Management 194

Construction Marketing

SEPTEMBER 24, 2015

This article outlines three important documents that you’ll need in order to start and run a profitable business. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Insurance is perhaps the most important thing to arrange before starting a construction company.

Documentation 120

Documentation Insurance Legal Liability 120

Green Building Law Update

MAY 21, 2017

The solar lease, as well as any power purchase agreement need to be considered in light of federal and state law (including tax laws) that stimulate new possibilities including create profit. There can be real legal jeopardy and significant dollar liability for those failing to address the issues associated with solar panels.

Leases 232

Leases Housing Agreement Residential 232

Job Order Contracting

JANUARY 10, 2017

Make certain that the roles, responsibilities, tools, requirements and liabilities associated with the JOC are specified. Will you earn a reasonable profit? As a construction contractor considering a Job Order Contract (JOC), it is critical to be aware that all JOCs are not the same.

Contract 100

Contract Contractors Liability Bidding 100

Construction Business Owner

SEPTEMBER 27, 2011

If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. Public Exposure and Liability on Construction Sites. There are plenty of good reasons to take a closer look at Section 179.

Construction 180

Construction Software Software Accounting 180

PSMJ Resources

MARCH 31, 2014

Fees must adequately cover training, professional development, ample profit, and future liability. Design professionals must close the gap between their fees and those of other professionals. Ramsey Fayad described true value pricing this way: The concept of value pricing is relatively simple.

Profitability 52

Profitability CAD Liability Negotiation 52

Contractor Bookkeeping

AUGUST 1, 2012

Reviewing QuickBooks Profit And Loss Reports - From our construction accounting clients reminded me of something I learned in my own construction businesses a long time ago. Change is not always easy but it’s necessary to grow a healthy and profitable construction business.

Profitability 55

Profitability Accounting Construction Overhead 55

Construction Business Owner

APRIL 1, 2011

Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs.

Cash Flow 120

Cash Flow Construction Software Software 120

Safety Services Company

SEPTEMBER 24, 2017

Safety must be the foundation of every activity in your organization, because not only is it the keystone of productivity and profitability, but a responsibility for which you are expressly liable. Keep in mind that many liability lawsuits have arisen from negligence occurring after training; formal initial training is not enough.

Liability 48

Liability Safety Employment OSHA 48

Construction Business Owner

JANUARY 18, 2012

Querying different type of jobs in job costing to look at profitability by type. Public Exposure and Liability on Construction Sites. Looking at Over/Under Billing and posting the adjustment to the year-end financials. Preparing Sales & Use tax reports for sales tax authorities. Wally Evans Blog. Recent Posts. Dexter + Chaney.

Construction 168

Construction Software Software Accounting 168

Mr Ethics

JUNE 19, 2015

Dear Mr. Ethics, My partners are telling me we should be forming limited liability corporations for every project we do. This is often done to allow the LLC to draw off the profits from the project and then leaving the remaining parties to fund the project and claims that will arise. They tell me that these “L.L.C.’s” for the project.

Legal 100

Legal Liability Drawings Claims 100

Mr Ethics

JUNE 19, 2015

Dear Mr. Ethics, My partners are telling me we should be forming limited liability corporations for every project we do. This is often done to allow the LLC to draw off the profits from the project and then leaving the remaining parties to fund the project and claims that will arise. They tell me that these “L.L.C.’s” for the project.

Legal 100

Legal Liability Drawings Claims 100

Mr Ethics

JUNE 19, 2015

Dear Mr. Ethics, My partners are telling me we should be forming limited liability corporations for every project we do. This is often done to allow the LLC to draw off the profits from the project and then leaving the remaining parties to fund the project and claims that will arise. They tell me that these “L.L.C.’s” for the project.

Legal 100

Legal Liability Drawings Claims 100

Contractor Bookkeeping

SEPTEMBER 29, 2017

General Liability Insurance Provider. Who wants details about your business? Internal Revenue Service. State Revenue Agencies. State Payroll Agencies. Other State Agencies. Worker’s Compensation Provider.

Profitability 60

Profitability Contractors Compensation Liability 60

Best Practices Construction Law

MAY 18, 2018

Safe projects are more likely to be profitable projects due to lack of delays and prevention of claims for jobsite injuries. For employers, criminal liability for job site construction accidents is more and more a concern. In addition, time is money in this business.

Accidents 48

Accidents Liability Safety Florida 48

Construction Business Owner

APRIL 26, 2012

Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” The profit you calculate when bidding a job can fluctuate dramatically as work progresses. Construction Business Owner E-Newsletter. -->. Home » Blogs.

Change Orders 120

Change Orders Construction Profitability Software 120

Green Building Law Update

NOVEMBER 22, 2015

But his data heavy diatribe also found support among real estate industry professionals when he said, “the green building industry has shown the world that sustainability is profitable and that profitability is sustainable.”. Many of the businesses profiting from green had their products on display on the Expo Floor.

Green 120

Green Los Angeles Conference Profitability 120

Contractor Bookkeeping

JUNE 12, 2013

Contractors That Do Not Earn Large Profits see contractors bookkeeping services as overhead which leads to the following profit drains: They get a cheap computer, tiny monitor, garbage printer, tiny desk and broken down chair that even the dog would not sit in and tell the bookkeeper this is all the company can afford.

Profitability 49

Profitability Contractors Accounting Estimating 49

Safety Services Company

DECEMBER 1, 2023

Rigorous oversight, extensive use of Personal Protective Equipment (PPE), and investment in safety and compliance training drive Bob’s profits well above industry averages. With growing scrutiny on job site dangers and liability concerns, prioritizing safety is crucial in sustaining a competitive edge. Let’s look at why that is.

Safety 126

Safety Bidding Contract Liability 126

Construction Business Owner

APRIL 2, 2011

« Free Webinar on Reducing Profit Fade. Public Exposure and Liability on Construction Sites. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. » Healthy Competition. foundation.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

JUNE 29, 2012

Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. Public Exposure and Liability on Construction Sites. Construction Business Owner E-Newsletter. -->. Home » Blogs. « Better Project Management through Better Communication. Wally Evans Blog. Recent Posts. foundation.

Construction 120

Construction Safety Software Software 120

Green Building Law Update

MARCH 18, 2018

The solar lease, as well as any power purchase agreement need to be considered in light of federal and state law (including tax laws) that stimulate new possibilities including create profit. There can be real legal jeopardy and significant dollar liability for those failing to address the issues associated with solar panels.

Leases 179

Leases Housing Agreement Residential 179

PSMJ Resources

JULY 10, 2013

Most clients are demanding more work for lower fees, and firms that do not reexamine the terms of their contracts usually find themselves without enough income to break even, let alone make a profit. With private sector clients, it can dramatically increase profits. Get partial or full payment of fees before starting.

Profitability 43

Profitability Contract Negotiation Debt 43

NH Construction Law

AUGUST 13, 2020

This mutual waiver includes: 1 damages incurred by the Owner for rental expenses, for losses of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of such persons; and.2 A commercial owner's lost profits will always be of the latter type. 3d 799, 808, 11 N.E.3d

Profitability 40

Profitability Contract Liability Bargains 40

Construction Business Owner

JANUARY 31, 2012

Public Exposure and Liability on Construction Sites. Wally Evans Blog. Recent Posts. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. Committing Intentional Project Communications. Better Project Management through Better Communication. Dexter + Chaney. document management. foundation. government.

Construction 185

Construction Software Software Accounting 185

PSMJ Resources

JUNE 10, 2014

Every firm has its fee floor for profitability. Below this limit, the firm, by its nature, cannot produce profits, as it will automatically invest too many resources. Professional Liability Risk. Asbestos connected, hazardous waste, rehab and condominium projects may all carry high liability potential.

Liability 62

Liability Risk Profitability Resource 62

Construction Business Owner

APRIL 5, 2012

And risk can be a profit center, since insurance companies obviously make money. Even if this doesn’t become an actual source of profit in and of itself, contractors who actively work to understand and control risk are in a position to make smarter project decisions that lead to higher profit margins. www.dexterchaney.com.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

NOVEMBER 8, 2011

Public Exposure and Liability on Construction Sites. Wally Evans Blog. Recent Posts. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. Committing Intentional Project Communications. Better Project Management through Better Communication. Dexter + Chaney. document management. foundation. government.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

DECEMBER 6, 2011

Public Exposure and Liability on Construction Sites. Wally Evans Blog. Recent Posts. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. Committing Intentional Project Communications. Better Project Management through Better Communication. Dexter + Chaney. document management. foundation. government.

Construction 195

Construction Software Software Accounting 195

Contractor Bookkeeping

JUNE 21, 2012

Its Been Said: "The value of services rapidly diminish after the services have been performed" which is why highly profitable companies like McDonalds gets your money before they deliver your meal. Compare the success and profitability of a McDonalds franchise to most restaurants.

Profitability 48

Profitability Contractors Banking Change Orders 48

Construction Business Owner

AUGUST 19, 2011

These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Public Exposure and Liability on Construction Sites. One of my favorite parts of this job is getting to talk with professionals in the industry who work with contractors for a living. Recent Posts. Dexter + Chaney. foundation.

Construction 120

Construction Software Software Accounting 120

Construction Enquirer

MAY 23, 2023

Management accounts to December 31 2021 showed a turnover of £17m generating a net profit of £177,000. MEC specialised in small to medium projects within the M25 across heritage, residential, commercial, healthcare and schools sectors with revenue peaking at around £23m before covid.

Debt 79

Debt Leases Liability Profitability 79

Contractor Bookkeeping

MAY 5, 2014

The Balance Sheet is the summary report which shows all of the assets minus the liabilities which equals the "Book Value" or owner''s equity. Owner’s equity is in theory what would be left over if you liquidated the company, sold the assets and paid all of the debts or liabilities.

Cash Flow 49

Cash Flow Agreement Profitability Contractors 49

Learn Civil Engineering

SEPTEMBER 6, 2022

Options: Comparison of profit and loss Comparison of assets and liabilities Change in output due to change in input Economics of cost and benefits of the

Comparison 52

Comparison Liability Profitability 52