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Are You Maximizing Your Retainage Receivables in Construction?
As a construction company, managing your retainage construction receivables is crucial for maintaining a healthy cash flow and...
May 23, 20245 min read


Why Construction Companies Get Stuck in the Underbilling Cycle
In the competitive world of construction, managing finances accurately is as crucial as laying a strong foundation for a building. Thus,...
Apr 28, 20243 min read


Unlocking Surety Bond Underwriting Process: A Comprehensive Guide
Construction surety bonds play a pivotal role in the construction industry, offering financial security and peace of mind to all parties...
Apr 25, 20244 min read


How High DSO Impacts Your Entire Construction Business
Running a construction business is no small feat. From managing projects and teams to navigating supply chains and client relationships,...
Apr 15, 20244 min read


4 Critical Construction Cash Flow Mistakes and How to Fix
In the busy construction sector, ensuring a steady cash flow is crucial for the project's vitality. Cash flow management can be...
Feb 28, 20243 min read


Housing Market Trends: The Rising Demand for New Builds in San Diego
In recent news, the housing market trend in San Diego has been highlighted for its surging demand for new homes, a trend that's echoing...
Sep 15, 20233 min read


Underbilling Hazards: Why Your Surety is Worried and Why You Should Be Too
In the bustling world of construction, underbilling often gets neglected. However, it's a phenomenon with significant implications for...
Jul 24, 20234 min read


Contractor's Guide: How to Calculate Overhead Cost in Construction Projects
For individuals in the construction industry, deciphering overhead expenses can be a complicated task, and calculating overhead accurately is a crucial part of this process. Excelling in this area requires understanding and estimating these additional costs, thereby preventing any unwanted cost escalations, as overhead is one of the significant costs that can impact profitability if not managed properly. Proper handling of overhead costs is essential in simplifying complex p
Jul 14, 20234 min read


(Download CFMA Template) The Income Statement: Measuring Profit & Loss in Construction
For a construction business owner, the income statement serves as a key tool for financial evaluation. It’s a financial document that...
Jun 15, 20237 min read


Understand Cash Flow Statement and Find Your Way Through Construction Finances
Are you wondering how much cash flows in and out of your construction business? The cash flow statement is your essential financial tool...
Jun 14, 20234 min read


4 Essential Financial Statements for Contractors
Effectively managing your construction business finances is crucial for maintaining financial stability and achieving long-term success....
Jun 9, 20234 min read


9 Key Accounts Receivable KPIs to Manage Construction’s Receivables
Managing cash flow is key to your success as a construction business owner. But do you know what's at its heart? It's all about mastering...
Jun 6, 20233 min read
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