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Home » Topic » Business » Finance

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.

The Future of Construction Loans in a Post-Pandemic World

by Robert G. Stern | Jan 28, 2021
Accounting | Business | Business Development | Finance

Contractors can expect an increased demand for construction loans in 2021, and that banks will be interested in funding those loans as they look to return to normalcy.

How Employers Can Relieve Construction Workers’ Stress Over Pay and Benefits

by Amy Mosher | Jan 28, 2021
Accounting | Business | Finance | Retention | Workforce

From payroll to benefits, frontline heroes like construction workers shouldn’t have to worry about tedious administrative tasks related to pay and benefits.

Improve Project Delivery With More Timely Job Costing

by Ed Williams | Jan 21, 2021
Accounting | Business | Business Development | Finance | Project Delivery | Project Management

Timely job costing helps contractors understand where the project stands and functions as a source of truth for the entire project team.

Cash Flow Considerations in the Bidding Process

by Richard P. Higgins | Jan 20, 2021
Accounting | Business | Finance | Project Delivery | Project Management

By considering cash flow in the bidding process, a contractor should be better prepared to complete each phase of construction based on the inflow and outflow of cash.

Satisfaction of Lien Generally Requires Payment of Legal Fees

by Patrick Barthet | Jan 14, 2021
Business | Contracts | Finance | Legal and Regulatory | Project Management

Liens are the go-to tool for contractors when payment is in jeopardy. Once filed and recorded, the lien encumbers the real property where the work has been done. For the property to be released from the lien, the lien needs to be satisfied. Sounds simple, but sometimes things get complicated.
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