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Stay out of trouble by approaching your budget like you would a job estimate.
Having the company perform work for the owner is essentially the same as taking money out of the company and should be recorded that way in the financials.
Do you know the difference?
Suggestions for what to say when clients ask: What's your markup?
Chasing energy rebates takes the focus off solving problems and puts it on getting as much rebate with as little out of pocket as possible, resulting in small jobs and mediocre performance improvement.
If you plan to grow your construction business deciding how you will address these five actions can set you on path that is more likely to support your long term professional and personal levels of success.
You need to know what functions you perform before you can make informed hiring decisions.
A look at three ways to create an estimate, with varying proportions of labor, materials, and subcontractors.
Stressed about Finances? You're Not Alone
On public jobs, the halfway point is a milestone which, when reached, requires a reduction of retainage from all subsequent payments. Private contracts, on the other hand, treat retainage according to the contract. But nothing prevents you from negotiating a similar reduction at 50% completion.
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