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Home » Topic » Business » Finance

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

by Nate Budde | Jun 3, 2020
Business | Business Development | Business Risk | Economy | Finance | Risk | Risk Management

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

by Construction Executive | May 20, 2020
Accounting | Business | Finance | Project Delivery | Project Management

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.

How to Become a Successful Government Contractor

by Jacquelyn Grinder | May 12, 2020
Business Development | Finance | Markets

Now is a great time to enter the world of government contracting. By learning the rules, exploring bidding opportunities and creating a plan, contractors can come out of the economic downturn as a more versatile and profitable company.

Maintain Strong Internal Controls in the Wake of COVID-19

by Daniel Miles, Aprille Bell | Apr 29, 2020
Accounting | Business | Business Development | Finance | Human Resources | Workforce

While the current COVID-19 environment is very challenging, some companies are instituting positive changes that may actually yield a stronger, more-efficient and modern approach to internal controls.
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