Finance

Calculating the Overhead Recovery Rate Can Make or Break a Business

by Stuart Groo | Apr 30, 2018
Business | Finance

Failing to recover the full cost of overhead in estimating or pricing likely will make a business, product or job unprofitable when the final numbers are applied.

Five Proven Ways Construction Subcontractors Can Reduce Surety Bond Costs

by Eric Weisbrot | Apr 27, 2018
Finance | Risk | Surety Bonding

The cost of a surety bond is an integral aspect of the cash flow of a construction business, no matter how large or small. Contractors should understand how bond pricing works and its link to personal credit history.

Construction Accounting Risk at Macro and Project Levels

Construction accounting is difficult on both a weekly project basis and a company-wide business reporting level, but proper application of best practices can smooth out processes and make sure the firm is in the best possible position to be paid fairly.

Five Ways Contractors Can Lower Workers’ Compensation Costs

Lowering workers' comp rates can be as simple as five simple recordkeeping and paperwork reporting procedures.

The ‘B’ Word

by Harry Readshaw | Mar 27, 2018
Business | Finance | Legal and Regulatory | Policy

When a contractor files for bankruptcy, subcontractors may file a mechanics’ lien, but a seemingly simple thing like an automatic bankruptcy stay can be complicated by applicable state law.

Secrets to Success for Construction Financing as the Capital Stack Shifts

by Chris Harris | Mar 27, 2018
Accounting | Business | Business Development | Finance

The days of financing a construction project with 70 percent to 75 percent loan to cost, pricing in the low 200 basis-point-range over LIBOR and a 50 basis point commitment fee are gone, at least for the immediate future.

Six Options for Succession and Exit Planning

by Michael McLin | Mar 2, 2018
Business | Finance

Many business owners know they need to make formal plans for a successor, but planning can easily take a backseat to the urgency of managing daily operations, people, equipment, credit, cash flow, business development and the next big project.

Supply-Chain Finance in Construction: Solving the Working Capital Challenge

by Mike Antis | Feb 20, 2018
Finance | Manufacturing | Technology

A growing number of general contractors are turning to supply chain financing (SCF) to provide faster and more predictable payments to subcontractors using third-party funding.

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Calculating the Overhead Recovery Rate Can Make or Break a Business

Five Proven Ways Construction Subcontractors Can Reduce Surety Bond Costs

Construction Accounting Risk at Macro and Project Levels

Five Ways Contractors Can Lower Workers’ Compensation Costs

The ‘B’ Word

Secrets to Success for Construction Financing as the Capital Stack Shifts

Six Options for Succession and Exit Planning

Supply-Chain Finance in Construction: Solving the Working Capital Challenge

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