Finance

How Accounting Systems Can Help Improve Cash Flow

by John Blake | Jun 8, 2020
Accounting | Business | Finance

During an economic crisis, it’s important to be a few steps ahead of the competition with a sound accounting system. When business leaders can rely on their accounting systems and financial reports, they have found the key to winning more contracts and turning a profit.

How Accurately Monitoring the Weather Can Save Significant Revenue

Understanding the impact of upcoming weather at a hyperlocal level is critical for contractors. Knowing ahead of time how, when and where to schedule jobs and crews at the beginning of each day and week puts contractors in the best possible position for success.

Save Money on Each Project With an LED Jobsite Lighting System

by Dina Wilson | Jun 4, 2020
Business | Equipment | Finance | Tools

With a top-of-the-line LED jobsite lighting system, contractors can significantly improve efficiency on the jobsite; that change will show visible results in a short period of time.

Don’t Be a Casualty of the COVID-19 Recession

Understanding cash needs, making cuts for efficiency, focusing on the best projects and protecting lien and bond claim rights can help contractors fend off the recession’s financial risk.

Why Convening Experts Earlier Will Save Money on Construction Projects

by Tom Belanich | May 20, 2020
Business | Finance | Project Delivery | Project Management

Sites are often purchased before a proper evaluation is conducted. Some owners are shocked to discover issues connected to financing, real estate or legal problems because they didn’t bring experts to the table early enough in the process. These are real—and avoidable—risks.

A Contractor’s Guide to Getting Paid Through Mechanics Liens

Contractors and suppliers need to be familiar with the tools available to ensure they receive fair compensation for the labor provided and materials used on projects. The most powerful of these tools is the mechanics lien.

Contractors Have More Project and Payment Delays Than They Think

by Scott Wolfe Jr. | May 20, 2020
Accounting | Business | Finance

COVID-19 is transforming the way construction work is planned, completed and paid for, so contractors need to transform jobsite processes. Those that plan work properly, communicate openly and protect payments every time will be in the best position to meet the demands of a post-COVID-19 construction economy.

Top 10 Mistakes Contractors Make by Growing Too Quickly

by Lee Weintraub, Sean P. Sullivan | May 12, 2020
Business | Business Development | Finance | Project Management

Although construction companies lead the charge during boom economies, failure to plan for growth can have disastrous consequences. Here are the top mistakes contracting firms make by growing without deliberate planning.

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How Accounting Systems Can Help Improve Cash Flow

How Accurately Monitoring the Weather Can Save Significant Revenue

Save Money on Each Project With an LED Jobsite Lighting System

Don’t Be a Casualty of the COVID-19 Recession

Why Convening Experts Earlier Will Save Money on Construction Projects

A Contractor’s Guide to Getting Paid Through Mechanics Liens

Contractors Have More Project and Payment Delays Than They Think

Top 10 Mistakes Contractors Make by Growing Too Quickly

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