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Essential Accounting Tips for Contractors Managing Insurance Costs
For contractors, managing insurance costs is essential to maintaining profitability. Insurance premiums General Liability (GL), Workers' Compensation (WC), and Commercial Auto are some of the largest overhead costs on a construction project. If these costs are mismanaged or inaccurately allocated, they can silently erode project margins, disrupt cash flow, and affect competitive bidding. The key to success is integrating these expenses into your job costing system . By stra
Oct 155 min read
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Tracking Insurance Costs in Construction: A Guide for Contractors
In the construction industry, managing insurance costs  is a critical yet often complex task for contractors. Insurance expenses can...
Oct 94 min read
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