While the industry continues to experience an increase in residential construction, other sectors are not doing as well. Private contractors in sectors that are declining should consider changing how they do business, what they produce or both.
The Future of Construction Loans in a Post-Pandemic World
Contractors can expect an increased demand for construction loans in 2021, and that banks will be interested in funding those loans as they look to return to normalcy.
How Employers Can Relieve Construction Workers’ Stress Over Pay and Benefits
From payroll to benefits, frontline heroes like construction workers shouldn’t have to worry about tedious administrative tasks related to pay and benefits.
Improve Project Delivery With More Timely Job Costing
Timely job costing helps contractors understand where the project stands and functions as a source of truth for the entire project team.
Cash Flow Considerations in the Bidding Process
By considering cash flow in the bidding process, a contractor should be better prepared to complete each phase of construction based on the inflow and outflow of cash.
The Construction Business Case for Leveraging Payment Processing Solutions
Construction firms looking for ways to protect cash flow and tap into cost savings can turn to innovative payment processing solutions.
Get Direct About Indirect Costs in Construction
Understanding a contractor’s true cost, including direct and—just as important—indirect costs, is imperative for success.
Contractors Can Do Better Than ‘Back to Normal’ in 2021
Before coronavirus, “normal” meant waiting an average of 80+ days for payment, needing to withhold retainage payments to pad their own pockets and other difficult situations. This year, contractors should set the bar higher than normal.










