Finance

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.

Actions to Take After Receiving a Paycheck Protection Program Loan

by Sonia Desai, Sean Muller | Mar 24, 2021
Accounting | Business | Finance | Taxes

The multiple rounds of PPP reform are intended to offer greater relief to business owners. However, the changes also introduced questions around the tax treatment of PPP loans and their forgiveness under the PPP.

Contractors Should Consider Applying for a Second Draw PPP Loan

by Benjamin Johnston | Mar 11, 2021
Accounting | Business | Business Development | Finance

As we near the end of the pandemic and one of the longest, coldest winters in recent memory, the Paycheck Protection Program program may provide the relief many construction companies need to see them through to the other side of this crisis.

How to Maximize the Power of Surety Credit

To maximize surety credit, prepare in advance for bond underwriting by looking at year-end financial statements and try to reduce items with a negative impact on surety-adjusted working capital.

Breaking Down Barriers to Effective Project-Cost Forecasting

Taking the right technology steps to get cost forecasting correct is critical to project success today and tomorrow.

How Construction Companies Can Streamline Payments and Strengthen Relationships in 2021

by Jim Campbell | Feb 27, 2021
Accounting | Business | Finance | Project Management

Relationships have always been important in the ecosystem that is construction, but they are more critical today than ever before. One of the best ways to build quality relationships is to pay well and pay on time.

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Four Ways Contractors Can Preserve Financial Integrity, Working Capital

Pandemic Relief Programs for Contractors

Strategies for Surviving Recessions: Pricing

Actions to Take After Receiving a Paycheck Protection Program Loan

Contractors Should Consider Applying for a Second Draw PPP Loan

How to Maximize the Power of Surety Credit

Breaking Down Barriers to Effective Project-Cost Forecasting

How Construction Companies Can Streamline Payments and Strengthen Relationships in 2021

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