Finance

Loan Options for Construction Stakeholders Once PPP Funding Runs Out

by Alexander Cohen | May 5, 2021
Accounting | Business | Finance

PPP funding is only a temporary solution for small businesses. A number of other SBA programs are available to assist owners in the construction industry and their clients.

New Lease Accounting Standard: Deferred But Not Forgotten

Although the new lease standard implementation has been deferred, contractors must review current and future lease agreements to proactively position and prepare the entity’s financials.

Construction Contractors Must Understand Retainage In 2021

Here is a guide to help contractors understand retainage and learn the process to manage it, with bonus facts that can be helpful when dealing with retainage in real-world scenarios.

Strategies for Surviving Recessions: Billing, Collections and Automation

Companies that execute automation, billing and collections in an efficient manner have a better chance of weathering turbulent times, boosting cash flow and improving efficiency.

Prequalify Customers to Reduce Credit Risk as Bankruptcies Rise

Contractors can protect themselves from potential credit risks by prequalifying potential customers and closely following their credit policies to collect payment.

Four Ways Contractors Can Preserve Financial Integrity, Working Capital

There are four common challenges that can negatively affect creditworthiness: liquidity, borrowing for working capital, positive cash flow and the workforce.

Pandemic Relief Programs for Contractors

by James Wiedemann, Robert Mercado | Mar 31, 2021
Accounting | Business | Finance

The federal government has put numerous programs in place to help entities get through these troubling times. It’s important to understand what programs are available to maximize access to funding and support.

Strategies for Surviving Recessions: Pricing

An effective pricing strategy requires precise cost data. Internally facing reports can provide the means to dissect business segments and determine what is working, what isn’t and why.

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Loan Options for Construction Stakeholders Once PPP Funding Runs Out

New Lease Accounting Standard: Deferred But Not Forgotten

Construction Contractors Must Understand Retainage In 2021

Strategies for Surviving Recessions: Billing, Collections and Automation

Prequalify Customers to Reduce Credit Risk as Bankruptcies Rise

Four Ways Contractors Can Preserve Financial Integrity, Working Capital

Pandemic Relief Programs for Contractors

Strategies for Surviving Recessions: Pricing

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