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The Impact of Delayed Payments on Construction Revenue
Imagine finishing a large project on schedule and within budget, only to have to wait weeks or even months for payment. Delays in...
Mar 244 min read
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Top 5 Accounting Software Features Every Construction Business Needs
Accounting in construction is more than just recording money; it is also about understanding how to minimize costs, remain on budget, and...
Mar 215 min read
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Common Job Costing Mistakes That Are Costing You Money
Job costing is important for any building company. It involves keeping track of how much each job costing mistakes , and it can have a...
Mar 125 min read
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How Overhead Allocation Affects Construction Job Costing and Profitability
Maintaining control of spending is absolutely vital while running a building company. Many builders concentrate on direct expenses, such...
Mar 74 min read
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A Beginner's Guide to the Percentage of Completion Method for Contractors
Managing your construction company's finances might be stressful. Between progress billing, task costing, and revenue recognition, it's...
Jan 244 min read
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Best Practices for Organizing Your Construction Chart of Accounts
As a contractor or business owner in the construction field, you already know how hard it is to keep track of money. With complicated...
Jan 234 min read
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5 Common Tax Mistakes Construction Companies Should Avoid
Running a construction company is difficult because there are so many moving pieces, from project management to financial planning. Taxes...
Jan 223 min read
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Expense Categories 101: Simplify Your Business Accounting Today
Running a construction business comes with its unique challenges, especially when it comes to managing finances. Are you finding it hard...
Jan 213 min read
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Why Cash Flow Analysis Is the Backbone of a Healthy Business
As a construction business owner, you’ve likely faced questions like, “Why does it feel like I’m always running out of cash despite...
Jan 214 min read
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Top 5 Causes of Overbilling in Construction Projects
Overbilling is a common problem in the construction business. It can cause money problems, legal issues, and hurt relationships with...
Jan 174 min read
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Maximizing Savings with Automated Invoice Processing Solutions
Managing invoicing is an important yet time-consuming aspect of running a construction company. With so many transactions, vendor...
Jan 163 min read
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Construction Expense Tracking: Best Practices for Staying on Budget
Managing money in the construction sector can be like walking a tightrope. Keeping projects on budget is no easy task, given variable...
Jan 153 min read
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