Author name: James Hill

Percentage of Completion Method in Construction Accounting

Managing financials in the construction realm, particularly for long-term projects, poses quite a unique set of challenges. One widely embraced solution in the industry is the percentage of completion method, a cornerstone of construction accounting. Let’s dive into its mechanics, applications, and a sprinkle of real-life scenarios. Understanding the Percentage of Completion Method What exactly

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General Conditions in Construction: A Guide for Contractors

In the world of construction, general conditions are akin to the conductor of an orchestra. They set the rhythm, ensure all instruments (or project components) are synchronized, and make sure the musical (project) performance is a success. From project management to waste removal, these conditions not only direct the indirect costs but shape the entire

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Cement Rendering: Pros and Cons

Introduction to Cement Rendering Building contractors frequently recommend cement rendering due to its ability to deliver both durability and visual appeal to a building’s interiors and exteriors. In this detailed guide, we explore the ins and outs of cement rendering, from its advantages and application techniques to maintenance advice. What is Cement Rendering? Cement rendering

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Brexit and International Property Buyers in the UK

When the UK elected to separate from the European Union—a move popularly known as Brexit—it triggered substantial effects across the globe, particularly altering aspects of trade, migration, and economic frameworks. One such area dramatically impacted is the UK’s property market, especially regarding international investors. For years, these investors viewed the UK as a prime destination

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Unpacking the Role of Finance Managers in Construction

Ever wondered who manages the purse strings in a construction project? It’s a complex dance of numbers and forecasts, uniquely challenging and distinctly different from other sectors. Let’s dive into the financial whizzes behind the construction scenes: the finance managers and project managers. Construction Finance Manager: Champions at the Helm The Construction Finance Manager (CFM)

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Exploring Construction Accounting: A Comprehensive Guide

Welcome to the intricate world of construction accounting! If you’re involved in the construction industry, you know how crucial and complex financial management can be. Unlike other sectors, the construction business faces unique challenges that can make or break a company’s financial health. In this comprehensive guide, we will explore the nuances of construction accounting

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Top Lead-Generation Companies for UK Building Contractors

In the fiercely competitive landscape of the building industry, finding the right avenues for lead generation can significantly influence a contractor’s business growth. While cultivating a robust business model and constructing a local reputation remains paramount, incorporating strategies like engaging with lead-gen companies can provide a substantial boost, especially when venturing into new territories or

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The Complexities of Renovation and Demolition in Construction

Renovation and demolition projects are not just about altering or eradicating structures – they represent a complex interplay of careful planning, precise execution, and deep regulatory knowledge. Let’s dive into the fundamental aspects of managing successful renovation and demolition activities. Exploring the Realm of Renovation and Demolition What Entails a Renovation Project? Revamping existing structures

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