The process of collecting and managing cash is defined as “cash management”—and it is a critical component of a company’s overall financial health. Here are three tactical steps contractors can take to boost cash flow.
ABC Greater Tennessee Requests Academy Funding
The ABC Greater Tennessee Chapter has requested $1 million to fund a new trade skills academy.
Construction Execs’ Succession Plans Uncertain Due to Market Conditions
Five pieces of advice for construction executives based on a survey conducted by Wipfli LLP.
Is the Employee Retention Tax Credit a Windfall or a Nonstarter?
Commercial and industrial construction company owners, executives and other professionals need to better understand whether they may qualify for the Employee Retention Tax Credit.
ARA Forecast Shows Equipment Rental Segment Recovering
Equipment rental revenue is expected to explode past its peak totals in 2022, according to the latest forecast released by the American Rental Association.
Nonresidential Construction Adds Only 2,900 Jobs in July, but Liquidity Remains High
The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 886,000 [...]
COVID-19 Stalls Construction Pipeline in Undersupplied Senior Housing Market
As a percentage of existing supply, senior housing units under construction tapered throughout 2020, dropping from peak levels of 7% at the end of 2019 to 4.7% in the first quarter of 2021—magnifying the long-term supply shortage.
Contractors Eager for Growth Must Overcome Cash-Flow Challenges
While contractors have maintained an entrepreneurial spirit, they still face a variety of cash-flow challenges barring them from growth.











