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Surety Bond Costs in California: What Construction Businesses Should Budget For
Understanding the true cost of surety bonds is a vital piece of budgeting for any construction business operating in California. These...
Aug 138 min read
Posting Bond in Illinois: Secured vs. Unsecured Bonds
Understanding the difference between secured and unsecured bonds is essential for contractors working in Illinois. The choice affects...
Aug 137 min read
Illinois Construction Bonds: Secured vs. Unsecured and Their Accounting Impact
Construction bonds are a routine part of public and private projects across Illinois, yet the differences between secured and unsecured...
Aug 116 min read
AIA Contract Documents and How They Impact Your Project Accounting
American Institute of Architects (AIA) contract documents are an industry standard for construction contracts, payment applications,...
Aug 107 min read
Cash Surety Bonds in Construction: Accounting Tips for Contractors
In the construction industry, managing financial risks and ensuring project completion are paramount concerns for contractors. One...
Aug 87 min read
Bad Credit? How Builders Can Still Get a Surety Bond
For builders and contractors, securing a surety bond is often a critical step in winning contracts and proving financial reliability....
Aug 66 min read
What is the Difference Between a Cash and Surety Bond?
In the world of construction and contracting, bonds play a crucial role in managing risk and ensuring project completion. Two common...
Aug 56 min read
Stay Bond-Ready with Better Bookkeeping
In the construction industry, surety bonds are more than just a formality—they are a critical component that protects project owners,...
Aug 46 min read
Are Surety Bond Costs Tax Deductible for Contractors?
Surety bonds come in various forms, including performance bonds, payment bonds, and bid bonds, each serving a unique purpose in the...
Aug 36 min read
Top Mistakes Contractors Make with Surety Bonds and How to Avoid Them
Surety bonds are a critical component in the construction industry, serving as a financial guarantee that contractors will fulfill their...
Jul 317 min read
The Role of Surety Bonds in Job Costing: Tips for Accurate Accounting
In the construction and contracting industries, managing project costs accurately is crucial for profitability and compliance. One of the...
Jul 307 min read
How Surety Bonds Impact Your Construction Business's Cash Flow
In the construction industry, surety bonds have become an essential component for contractors aiming to secure projects and build trust...
Jul 297 min read
Understanding Surety Bonds: Essential Financial Protection
In the construction industry, managing risk is a critical component of running a successful business. One of the most effective ways...
Jul 286 min read
Job Costing 101 for Contractors: What You Need to Know
For contractors, understanding the financial health of each project is crucial to maintaining profitability and ensuring long-term...
Jul 276 min read
Estimating vs. Actual Cost: Why the Gap Matters
In the world of construction and project management, accurate cost estimation is a critical foundation for success. Yet, one of the most...
Jul 246 min read
Accounts Receivable Best Practices for Contractors
In the construction industry, managing accounts receivable (AR) effectively is crucial for maintaining healthy cash flow and ensuring...
Jul 237 min read
Stop Losing Receipts: Recordkeeping Tips for Contractors
For contractors, managing receipts may seem like a mundane task, but it’s a critical part of running a successful construction business....
Jul 226 min read
What Happens When You Don’t Track Job Site Expenses
In the construction industry, managing expenses on a job site is critical to the success and profitability of any project. Yet, many...
Jul 217 min read
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