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Top Tools to Help Contractors Manage Cash Flow
Managing cash flow is one of the most critical challenges contractors face in the construction industry. With fluctuating project costs,...
Jul 177 min read
How Late Payments Can Wreck Your Construction Business
Late payments may seem like an unavoidable annoyance, yet in construction, they regularly become existential threats. Accounts receivable...
Jul 146 min read
5 Ways to Improve Cash Flow in Your Construction Business
Cash flow is the lifeblood of any business, and in the construction industry, it can be particularly challenging to manage. With...
Jul 116 min read
How to Handle Overtime and Prevailing Wage Requirements
In the construction industry, managing labor costs effectively is crucial for maintaining profitability and ensuring compliance with...
Jul 86 min read
How to Bill for Change Orders Without the Hassle
In the construction industry, change orders are an inevitable part of the process. Whether they arise from unforeseen circumstances,...
Jul 77 min read
The Cost of Payroll Mistakes in Construction
The construction industry is a complex landscape filled with various challenges, one of which is managing payroll effectively. Payroll...
Jul 16 min read
Using Bookkeeping to Monitor Job Site Resources
Bookkeeping is often viewed as a mundane task, but in the construction industry, it serves as a vital tool for monitoring job site...
Jun 276 min read
How Inventory Tracking Impacts Job Costing and Profitability
In the fast-paced world of construction, effective inventory management is crucial for maintaining project timelines, controlling costs,...
Jun 265 min read
Best Practices for Billing and Change Order Management
Billing and change order management are critical components of any successful construction project. Properly managing these elements not...
Jun 256 min read
Revenue Forecasting in Construction: Tools and Strategies for Contractors
As a construction contractor, you face uncertain project timelines, fluctuating material costs, and unpredictable weather—all of which...
Jun 125 min read
How to Streamline Your Billing Process for Faster Payments
The main reason small construction companies fail is usually cash flow issues. The financial situation of your project may be seriously...
Jun 114 min read
Top Invoicing Tools for Contractors: Improve Accuracy and Speed
Invoicing may seem like a back-office task, but in the construction world, it's tied directly to cash flow, project continuity, and...
Jun 105 min read
5 Ways to Improve Revenue Recognition in Construction Projects
In the fast-paced world of construction, managing revenue recognition can be complex but is critical for maintaining accurate financial...
Jun 75 min read
How to Align Billing Methods With Your Construction Contracts
Choosing the right construction billing methods can make or break your cash flow. It’s not just about how you prefer to bill—it’s about...
Jun 65 min read
Mastering the Construction Billing Process: A Step-by-Step Guide
The construction billing process is about getting paid accurately and on time, not only about mailing invoices. Working with many...
Jun 54 min read
Avoiding Errors in Double Entry Accounting: A Contractor’s Checklist
Accurate financial records are not a luxury in construction—they are a necessity. Between managing subcontractors, dealing with change...
Jun 44 min read
How to Set Up a Double Entry Accounting System for Your Business
Keeping proper financial records is very important for running a construction firm because it helps you understand how much money you're...
Jun 34 min read
Understanding the Debit and Credit Rules in Double Entry Accounting
Accurate bookkeeping is very important for running a successful business, especially in the construction industry, where many things need...
Jun 24 min read
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