Finance

The Best Cash-Flow Fixes Come Before the Project Starts

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.

Collaboration Reduces Risk, Protects Against Rising Costs and Labor Shortages

Construction is constantly changing, leaving contractors at risk of cost overruns caused by rising costs, labor shortages and supply chain issues. These risks can be reduced through measures to secure project costs early, prevent excessive change orders and maintain subcontractor relationships.

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.

Safeguard the Bottom Line as Lumber Prices Rise

Although contractors may be cautious about spending right now, consider the cost per linear foot of steel safety rail systems is almost equivalent to the cost of building two-by-four safety rails due to the skyrocketing cost of lumber.

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.

Equipment Finance Industry Confidence Eases in August

by Equipment Leasing and Finance Association | Sep 14, 2021
Business | Equipment | Finance

Overall, confidence in the equipment finance market is 66.6, a decrease from the July index of 72.9, according to the Equipment Leasing and Finance Foundation's August 2021 Monthly Confidence Index.

Construction Project Certainty Is Taking Off—Just in Time

With $550 billion in new infrastructure spending on the horizon, the construction industry has every reason to feel upbeat about the future, but is it prepared? A recent survey shows the answer is yes.

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.

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The Best Cash-Flow Fixes Come Before the Project Starts

Collaboration Reduces Risk, Protects Against Rising Costs and Labor Shortages

How to Find Cost Savings in Today’s Construction Industry

Safeguard the Bottom Line as Lumber Prices Rise

Five Alternative Payment Methods for Subcontractors

Equipment Finance Industry Confidence Eases in August

Construction Project Certainty Is Taking Off—Just in Time

The Importance of Benchmarking in Construction

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