Cash flow issues are prevalent in the construction business. Projects may appear successful on paper, but may still face financial...

When it comes to managing construction projects, one of the most essential decisions you'll have to make is deciding what sort of...

In the construction sector, choosing the correct contract form is critical for risk management, financial stability, and building...

Cost-plus construction contracts are commonly used when it’s challenging to estimate project costs before work begins. This contract type...

Managing the cost of goods sold (COGS) in large-scale construction projects can be a daunting task for contractors. With multiple moving...

Keeping construction projects on pace and within budget requires efficient material management. Contractors who do not use a systematic...

Picking the right type of contract is important for managing the costs of a construction job and making money. One choice that stands out...

Understanding revenue recognition is one of the most important aspects of running a profitable and legally compliant construction...

Imagine finishing a large project on schedule and within budget, only to have to wait weeks or even months for payment. Delays in...

Accounting in construction is more than just recording money; it is also about understanding how to minimize costs, remain on budget, and...

When it comes to billing in the construction industry, two methods often come up in conversation: AIA Billing and Progress Billing . Both...

There are a lot of billing disputes in the building business. They can hold up the project, hurt relationships, and waste time and...