As a construction owner, knowing if accounts receivable are an asset or a liability can make a huge difference. It is the difference...

Despite the pandemic-induced slowdown, the construction industry is bouncing back with a boom! However, for many contractors, the...

Good accounts receivable management is one of the best ways to get paid quickly. But sometimes, customers don't pay their bills on time,...

Are you tired of chasing down payments and dealing with the headache of late or non-payments in your construction business? You are not alone. It is a common issue that many business owners face, and it can significantly impact your cash flow, not to mention your stress levels. In this comprehensive guide, we'll explore the most common reasons why customers in the construction industry refuse to pay . More importantly, we'll show you how to get paid on time with proven strate

Accounts receivable are valued and reported on the balance sheet. But what is a balance sheet anyway? A balance sheet is a financial stateme

Every construction business owner knows cash flow is the key to profitability. Cash on hand is needed for contractors to keep their...

Accounts receivable have a direct impact on the cash flow of a construction project. The construction firm is likely in financial trouble...

Managing accounts receivable in your construction business can be tough. The construction industry is notorious for delayed payments and...

In the construction business, cash flow is as crucial to your success as bricks are to a building project. Effective invoicing can't be...

Let's talk payments. Do you prioritize timely payments? The secret lies in timely invoicing. Especially for those in the Construction...

What is Progress invoicing? Let’s take the scenario at the beginning of the blog. The contractor sent over the estimate and started...

Do you manage a construction business? If so, you likely deal with many financial tasks. These tasks need close attention to detail. One...