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Home » Topic » Business » Accounting

Implications and Considerations Contractors Should Prioritize With Pandemic Relief Programs

by Marc Valerio | Oct 5, 2021
Accounting | Business | Business Development | Finance

To rebound from the pandemic, many contractors took steps to receive government funding in hopes of regaining financial balance. It is crucial they take the necessary action to understand what exactly the relief programs have offered them and where they can go from here.

The Best Cash-Flow Fixes Come Before the Project Starts

by Matt Viator | Sep 28, 2021
Accounting | Business | Business Development | Contracts | Finance | Project Delivery | Project Management

It’s crucial that contractors set themselves up for successful cash flow. Here are some ways contractors can set themselves up for cash flow success before stepping on the jobsite.

Employee Retention Credit May Offer Thousands of Dollars per Employee

by Howard Makler | Sep 21, 2021
Accounting | Business | Human Resources | Taxes

Taking advantage of the ERC could make a sizable difference in the cash available to operate a business and help to improve cashflow. For many contractors, this could mean the difference between staying in business or not.

How to Find Cost Savings in Today’s Construction Industry

by Jim Campbell | Sep 21, 2021
Accounting | Business | Finance

As contractors continue to face the unique challenges brought on by the pandemic, sourcing and implementing the right technology is a viable solution to many of the cost-saving and operational issues the industry is experiencing.

Five Alternative Payment Methods for Subcontractors

by Chris Doyle | Sep 14, 2021
Accounting | Finance | Markets

Without access to capital, day-to-day operations are under threat, and plans to grow come to a disorienting halt. Prioritizing getting approved for financing will provide a layer of security when things inevitably take a turn.

The Importance of Benchmarking in Construction

by RubinBrown LLP | Sep 8, 2021
Accounting | Business | Finance | Project Management

Contractors may think their bid win rate is "really good,” but what defines really good? There are several reasons every construction company should be doing at least some basic benchmarking.

Small and Medium Construction Companies Lose Billions in Payroll: Here’s What Owners Can Do

by Nic De Bonis | Sep 8, 2021
Accounting | Business | Finance

Construction companies are overpaying payroll by $7 billion annually, and that’s a conservative estimate. By leaning into technology and embracing the right tools, construction companies can reduce the amount of payroll error.

Five Advantages of Switching to Digital Contracts

by Dago Garcia | Aug 31, 2021
Accounting | Business | Contracts | Finance | Legal and Regulatory | Project Management

Contractors can take advantage of modern tools to establish new lines of business to reach customers.
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