Busting Major Alternative-Lending Myths
By Warren Miller, CFA
June 18, 2024
Alternative capital is a broad term for financing provided by institutions or firms that typically fall outside of the purview of the larger, regulated institutions (i.e., not traditional banks). While these funding sources may not always be the first option for many businesses, ...
Empower Your Employees and Profits With a Meaningful Metrics Strategy
By LeAnne Goode
May 10, 2024
When managing a project, the last thing a team wants to worry about is accounting.
And yet, the company can’t move forward with big decisions if they have outdated work-in-progress schedules and lagging financials. Outdated and inaccurate financials negatively affect bidding, t...
Money Talks: An Exclusive Roundtable on Construction Finance
By Christopher Durso
April 23, 2024
“It’s unique in its accounting methodology, I would say,” Kari Juvera says, describing what differentiates construction financial management from financial management as it’s practiced in other industries.
It’s not just that the accounting involved is “extremely specialized,” al...
'Taylor Swift Is an Economic Phenomenon': CE's Q1 2024 Economic Update and Forecast
By Grace Calengor
March 28, 2024
On March 27, Construction Executive presented its "2024 Q1 Economic Update and Forecast," hosted by ABC Chief Economist Anirban Basu. If you've attended previous versions of this webinar, you're familiar with Basu’s pragmatic approach to the economics of the construction industry...
Financial Reporting Software Is Only as Good as the People Operating It
By Richard Sghiatti
March 5, 2024
To try to solve the challenges of construction financial reporting, contractors often take the step of obtaining or upgrading accounting software, often deploying software that aligns with the construction trade; generic accounting software is typically not adequate for commercia...
Waging War: Why Ignorance of Wage Theft Is No Excuse
By Matt DeSarno
February 14, 2024
In my 20-year FBI career, I faced off against gang members, drug traffickers, international terrorists, cybercriminals and corrupt politicians. It was fulfilling work, even though I knew there would always be more criminals and my job would never be done. I enjoyed taking small s...
Attracting Lenders With Modular Construction Methods
By Marcia Kaufman
February 7, 2024
Investors nationwide are looking for quality assets, placing their trust in safe investments that are deemed worth taking a risk in today’s climate. With institutional lenders adopting a cautious approach to 2024 amid rumors of long-awaited interest rate cuts, private lenders—and...
Grabbing a Lifeline
By Eric Brody
January 25, 2024
In the ever-evolving landscape of the real-estate industry, financial challenges can arise unexpectedly, threatening the viability of projects. These projects, once fueled by grand visions, innovation and investment, find themselves teetering on the precipice of uncertainty. This...
Trust Is Not a Strategy When It Comes to Finding Fraud
By Jennifer Walton
December 4, 2023
While the punch list to complete a construction project may seem long, the truth of the matter is that the punch list for protecting that project from fraud may be much longer and more complex. According to the Association of Certified Fraud Examiners’ “Occupational Fraud 2022: A...
Most Common Reason Contractors Get Denied for a Loan—and How to Avoid It
By David Mitchell
November 3, 2023
Small businesses are the lifeblood of the United States economy. They account for 99.9% of all businesses in the country and have been responsible for2 out of every 3 jobs that has been created over the last 25 years. For small businesses to survive and grow, a cash infusion is o...
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