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Home » Topic » Business » Finance

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

by Robert Mercado, Michelle Johnson | Mar 3, 2021
Business | Finance | Risk | Risk Management | Surety Bonding

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

by Frank Malangone | Mar 3, 2021
Accounting | Business | Finance | Project Delivery | Project Management

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.

Key Changes to the Paycheck Protection Program

by Sonia Desai | Feb 24, 2021
Accounting | Business | Finance

Another $284.5 billion in federal funding from the PPP is now available to construction businesses that have had to cut employees and experienced other losses due to the effects of the pandemic.

ELFA Announces Top 10 Equipment Acquisition Trends for 2021

by Equipment Leasing and Finance Association | Feb 20, 2021
Business | Economy | Equipment | Finance | Heavy Equipment | Vehicles

Certain U.S. businesses, nonprofits and government agencies are expected to spend more than $1.8 trillion in capital goods or fixed business investment (including software) this year, financing a majority of those assets. These trends impact a significant portion of the U.S. economy.

Strategies for Surviving Recessions: Management Reporting and Forecasting

by Stephen King | Feb 18, 2021
Accounting | Business | Business Development | Economy | Finance

To survive economic trauma, contractors need a high-performing executive team, specialized management reporting and accurate industry forecasting.

How to Plan for, Mitigate and Handle Construction’s Annual Slow Season

by Christy Crook | Feb 17, 2021
Accounting | Business | Business Development | Finance | Project Management

Contractors can approach construction's annual slow season with steely determination, as opposed waiting for the weather to break.
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