The Difference Between Profit & Loss Account and Balance Sheet
One of the three financial statements that companies provide on a regular basis is a balance sheet. Another is a profit and loss (P&L)...
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- May 26, 2021
- 3 min
What Are Loan Options for Construction Owners If PPP Funding Runs Out?
Over the last year, the Paycheck Protection Program (PPP) has assisted numerous company owners, including general contractors,...
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- May 12, 2021
- 5 min
6 Tips for Preventing Cost Overrun on Projects
A risk management strategy is required for any project, no matter how large or small.
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- Nov 11, 2020
- 3 min
Find Out 3 Solutions for Saving Construction Payroll
Payroll for construction is always a problem that contractors always face. Even if you have other issues to worry about, employee...
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- Oct 6, 2020
- 2 min
What Is The Difference Between A Debtor Vs A Creditor?
Creditors can be used to describe a person who gives a loan to any other person and in return
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- Sep 28, 2020
- 3 min
What Are The Four Basic Financial Statements?
Financial statements (financial statements) are a form of documents showing quarterly and annual business results of a company.
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- Sep 20, 2020
- 2 min
Is Net Income The Same as Net Profit?
Net Income, also called Net Profit or net earnings, is a concrete concept.
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- Aug 25, 2020
- 4 min
Construction Finance: Solutions to Better Manage Cash Flow for Construction Businesses
This is part of the series Construction Finance on Construction Cost Accounting website. Part 1: How to Manage Finance for Small Business...
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- Aug 23, 2020
- 4 min
7 Common Cash Flow Problems and How to Manage Them
If you're in the construction industry, the importance of efficiently managing cash flow is likely a familiar topic. After all,...
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- Aug 18, 2020
- 5 min
What is Cash Flow and Why is Cash Flow Important?
Managing cash flow has never been an easy job. For construction businesses, it’s even worse. It’s crucial that mid-size and small construct
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- Aug 16, 2020
- 3 min
Financial Cornerstones: Money Management for Small Construction Firms
Starting a small construction business is not a walk in the park, especially if you're juggling fewer than 20 employees. Like many small...
115
- Jun 7, 2020
- 4 min
Paycheck Protection Program Loan – Construction Accounting
1. Review the Requirements of PPP Congratulation! You got a PPP loan for your business. Before using, let’s review all the requirements...
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