Business Administration

Tag: Cash Discount

Using Cash in Construction

Nov 19, 2015

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by

David J Hoare MSA

in Construction Industry Standards

There is a notion in business that using cash to pay for materials or service is illegal. IT IS NOT ILLEGAL TO PAY FOR MATERIALS OR SERVICE WITH CASH. It is illegal to do this if you do not properly document the transaction.
Methods to Reduce Costs in New Home Construction

Jan 30, 2013

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by

David J Hoare MSA

in Construction Industry Standards

There are two primary methods of reducing costs of construction. The first is cost negotiation and the second is cost shifting. These two methods have several tools in each to achieve overall price reduction. The following describes each method and the respective tools within each method that you can use to achieve overall cost reduction.