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5 Major Types of Construction Contracts
Construction contracts are the backbone of every project you take on. Whether you're a general contractor bidding on a commercial build or a subcontractor negotiating terms, the type of contract you sign directly impacts your cash flow, profitability, and risk exposure. Yet too many construction businesses sign contracts without fully understanding the financial implications. The wrong contract type can drain your profits, create cash flow nightmares, or leave you exposed to
Jul 12, 20237 min read


6 Effective Strategies for Contractors to Building Customer Trust
In the competitive world of construction, laying the foundation is as crucial as building trust with customers. If customers don't have...
Jul 10, 20233 min read


Understanding the Benefits and Drawbacks of a Lump Sum Contract
Construction contracts are the lifeblood of your project. As a contractor, one of the biggest decisions you'll face is deciding on the...
Jun 29, 20233 min read


11 Key Construction Industry Trends to Watch Out for in 2023
In the world of construction, there's always a buzz of innovation. This industry never stops evolving, bringing fresh methods, materials,...
Jun 16, 20234 min read


All You Need to Know About Construction Bookkeeping
Do you own a construction business? If so, you know it is a tricky task. Your role as an industry leader involves smart money management....
Jun 4, 20234 min read


Top 10 Bookkeeping Questions to Ask Before Hiring a Bookkeeper
Ready to make your financial operations easier? Maybe you're considering hiring a bookkeeper or outsourcing your bookkeeping needs . We know this can feel like a big decision; it is normal to have loads of questions. Don't worry! we've got your back. We've compiled a list of crucial questions to ask a bookkeeper that will help you evaluate their expertise, communication style, and familiarity with construction bookkeeping practices. Finding the right bookkeeper can save you
Jun 2, 20235 min read


How To Outsource Bookkeeping for Your Construction Business
Construction is a busy world. Handling money in it can feel like being lost in a maze. You need to track changing costs and many...
May 29, 20234 min read


Outsource Bookkeeping: How to Hire A Construction Bookkeeper
In the construction world, speed matters. So does precision. These factors greatly influence your profit. It can take a lot of work to...
May 29, 20235 min read


What is a Past Due invoice? Guide for Contractors on How to Handle Late Payments
As a construction business owner, you handle multiple responsibilities every day. However, late customer payments can disrupt your smooth...
May 26, 20234 min read


How to Invoice as a Contractor: Practical Tips for Effective Invoicing
Invoicing can be tough for construction business owners. This is because projects are complex and it's hard to track hours and payments....
May 25, 20233 min read
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![4 Easy Steps for Contractors to Create an Accounts Receivable Aging Report [Infographic]](https://static.wixstatic.com/media/9062d1_9cc18f6feada428dad936bc22d9b6ec0~mv2.png/v1/fill/w_223,h_167,fp_0.50_0.50,q_95,enc_avif,quality_auto/9062d1_9cc18f6feada428dad936bc22d9b6ec0~mv2.webp)
4 Easy Steps for Contractors to Create an Accounts Receivable Aging Report [Infographic]
In the world of business, there was a concept that was essential for every company's financial health: accounts receivable . It refers to...
May 18, 20233 min read


Using AI in Construction to Build a Sustainable Future
The construction business is notorious for cost overruns. However, it's still a hot market with lots of possibilities, according to a...
May 16, 20234 min read
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