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Construction Financial KPIs Every Owner and GC Should Track
Imagine this: your crews are busy, your calendar is packed with projects, and revenue looks solid on paper, yet somehow, payroll is tight, subcontractors are calling about late payments, and your line of credit is stretched. Sound familiar? You're not alone. According to industry data, nearly 60% of construction company failures can be traced back to poor financial management, not a lack of work. The projects were there. The financial visibility wasn't. In an industry as dy
7 days ago6 min read


Duplicate Transactions in Construction: Stop the Leak
One duplicated invoice recently cost a mid-sized GC $47,000, a double payment, weeks of cleanup, and a cash crunch that stalled an active job site. If your construction business processes dozens of invoices a week across multiple sites, the same leak is almost certainly happening to you right now. As an owner, GC, or subcontractor running an SME, why care? These profit leaks erode your thin margins, but with our proven 5-stage framework, you'll detect existing duplicates, sto
Feb 114 min read


Why Contractors Pad Bids by 8% (And How to Stop)
A Texas subcontractor we work with once shared his pricing secret over a job site lunch: "Every bid I submit has an 8% cushion built in. Not for profit, just to survive." He wasn't embarrassed; he was exhausted from years of chasing payments while juggling payroll and suppliers. He wasn't alone. Our analysis of 200+ construction firms shows 73% pad bids by 6-10% to stay afloat. It's not greed, it's a survival tactic against delayed payments, retainage, and unpredictable costs
Feb 86 min read


The Working Capital Gap: Why 43% of Subcontractors Risk Failure
Here's the brutal truth: Your excavator breaks down mid-project. Repair cost: $15,000, due immediately. You're waiting on $80,000 in receivables. Can you cover it? If you're like 43% of subcontractors, the answer is no and that's a business-ending problem. I nsufficient working capital doesn't just delay one project. It creates a domino effect: missed payroll damages crew morale, stretched supplier relationships kill your credit terms, and delayed payments force you to turn d
Jan 296 min read


Post-Holiday Construction Cash Flow: Fix the Jan-Feb Gap
It's late January. Your December invoices are still unpaid. Payroll is Friday. Your supplier just called about that 60-day-old balance. And you've got three more weeks of winter weather before spring projects ramp up. Welcome to the February Survival Window , the most dangerous 30 days in construction finance. According to industry data, 82% of construction business failures stem from cash flow problems, not lack of work. In today's high-interest environment, hoping things "w
Jan 286 min read


Construction Budget Planning: Set Realistic Financial Goals for the New Year
Your profits are leaking and you might not even know it. Every year, construction companies lose 5-15% of potential profit to poor budget planning. Cost overruns, cash flow gaps, and inaccurate estimates silently drain your bottom line. But this year doesn't have to follow the same pattern. This comprehensive guide shows construction owners, general contractors, and subcontractors exactly how to set realistic financial goals that actually work, not generic targets that disapp
Jan 266 min read


100% Bonus Depreciation Is Back: Your Construction Equipment Tax Guide
A mid-sized electrical contractor in California saved $175,000 on their taxes by understanding one simple rule: equipment placed in service after January 19, 2025 qualifies for 100% bonus depreciation instead of just 40%. If you're planning equipment purchases whether it's a single excavator or an entire fleet upgrade, this permanent tax change could dramatically reduce your tax bill. But timing, state rules, and coordination with Section 179 all matter. Here's everything con
Jan 217 min read


60-Hour Payment Woes: How Builders Waste Time Chasing Funds
Your crew finished the job three weeks ago. The invoice went out two weeks ago. And you're still waiting to get paid. Sound familiar? Construction firms waste over 60 hours every month nearly two full work weeks just managing payments. That's one employee doing nothing but chasing invoices, resolving disputes, and reconciling accounts instead of building, bidding, or growing your business. And it's getting worse. According to industry data, payment delays in construction have
Jan 156 min read


Construction Accounting Software ROI Calculator Guide
Your construction firm is leaving money on the table potentially thousands per month. The culprit? Outdated accounting software that creates billing errors, delays payments by weeks, and consumes 40+ hours monthly on manual tasks that modern systems automate in minutes. Here's what matters: Most construction firms see positive ROI within 6-12 months of upgrading. If you're processing 100+ invoices monthly, experiencing 10%+ error rates, or manually tracking job costs across
Jan 126 min read


60-Hour Payment Woes: How Builders Waste Time Chasing Funds
Your crew finished the job three weeks ago. The invoice went out two weeks ago. And you're still waiting to get paid. Sound familiar? Construction firms waste over 60 hours every month nearly two full work weeks, just managing payments. That's one employee doing nothing but chasing invoices, resolving disputes, and reconciling accounts instead of building, bidding, or growing your business. And it's getting worse. According to industry data, payment delays in construction hav
Jan 126 min read


Construction Budget Planning in a 2% Growth Market
Your next project budget could fail before you even break ground. Here's why: With construction spending growth plateauing at just 2%, the budget strategies that worked three years ago are now setting contractors up for losses. One miscalculation can be the difference between a profitable project and a financial disaster. When growth is this slow, you can't afford to budget the way you used to. This guide shows you exactly how successful contractors are protecting margins whe
Jan 66 min read


QuickBooks Construction Errors: Fix These 8 Costly Mistakes
A single QuickBooks error cost one subcontractor $47,000 in unbilled change orders. Another GC discovered 23% of their projects were unprofitable but only after they'd already paid workers and vendors. These aren't rare disasters. They're everyday mistakes happening in construction companies right now. Here's the problem: QuickBooks wasn't built specifically for construction. Generic setups miss the nuances of job costing, retention, and progress billing. The result? You're m
Jan 46 min read
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