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Those in the Construction Sector work long and difficult hours so finding the time to sort through documentation seems like a low priority.
However, this does not have to be a gruelling task.
Failure to document additional work is highly common in the construction sector – with such an unpredictable work environment, a lot of extra work is usually done spontaneously without being documented or invoiced. While this may seem like a menial problem, not charging for additional work/charges can result in a loss on the profit and reduced profit margins, which is bad for any company.
Losing additional money harms your ability to reinvest in your company and progress within the sector. Incorrect invoicing could lead to workers being underpaid for their labour which would be further damaging for your company as workers may leave due to receiving improper wages. To overcome this financial issue, construction firms should ensure every detail of a project is noted before the work begins. Through this, any changes made should be documented through the addition of a specific change directive which would ensure any additional work is accounted for in the invoice. This would guarantee that your firm does not lose money of projects.
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The Artisan Industry is certainly a difficult one to master – turning your hobby into a career comes with plenty of ups and downs. Knowing the key mistakes to avoid and the top tips to follow is essential for any business.
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