Managing cash flow is the single greatest challenge in the construction industry. The gap between incurring costs (labor, materials) and collecting payment (often delayed by retainage and billing cycles) creates a constant liquidity risk. To thrive, contractors must adopt strategic financial controls that go beyond basic accounting. This article will describe strategic solutions for construction business owners and credit managers to move from reactive crisis management to

If you're in the construction industry, understanding how to solve cash flow problems is essential for maintaining a healthy business...

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

Starting a small construction business is not a walk in the park, especially if you're juggling fewer than 20 employees. Like many small...

1. Review the Requirements of PPP Congratulation! You got a PPP loan for your business. Before using, let’s review all the requirements...

1. What is Budgeting? What is a Budget? Budgeting is the process of creating a plan to spend your money. This spending plan is called a...