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The Real Cost of Construction Project Delays (And How Better Accounting Prevents Them)
A $2 million commercial build scheduled for six months stretches to 12. Material costs double. Subcontractors threaten liens, and the general contractor withholds payment. Meanwhile, your next three projects are left in limbo because your crew and equipment are still tied up on this nightmare job. Every day of delay burns more cash, and your profit margin shrinks with every passing week. This isn’t just about lost time, it's a full-blown cash flow crisis that’s strangling you
Dec 2, 20256 min read


The Impact of Negative Liability on Your Construction Company's Books
In construction accounting, every figure tells a story. When a contractor sees a negative liability on their balance sheet, it's a signal...
May 16, 20254 min read


Top 5 Accounting Software Benefits for Modern Construction Firms
Managing finances in the construction industry is no small feat. With multiple projects, varying costs, and tight deadlines, staying on...
Jan 13, 20254 min read


How to Maximize Your Construction Profit Margin
As a construction business owner, one of your primary goals is to increase your profits while keeping costs under control. But how...
Oct 24, 20244 min read


How to Navigate the Surety Bond Claims Process in Construction
As a contractor, you’ve probably heard about the surety bond claims process , but how familiar are you with the details? You can avoid...
Oct 18, 20244 min read


Why Key Performance Indicators Are Crucial for Construction Success
In the dynamic and complex world of construction, managing projects efficiently and effectively is paramount. This is where key...
Jun 28, 20245 min read


How To Reduce Errors in Construction Invoices: Techniques and Tools
In the construction industry, where precision and accuracy are crucial, errors in invoicing can have significant impacts on project...
May 10, 20243 min read


How does AI Improve Financial Reporting in Construction?
AI's adoption i n construction financial reporting is a key for staying competitive in the fast-paced and demanding world of construction...
Feb 1, 20244 min read


Essential Strategies for Construction Business Owner during Tax Season
Tax season can be a challenging time for construction business owners, but with the right strategies and careful planning, it can become...
Jan 4, 20244 min read


Cash Flow Woes? How the Accounts Receivable Aging Report Helps Contractors Get Paid on Time
Any business must managing and operating cash flow , but construction contractors must do so even more. With the often-lagging payment...
May 22, 20235 min read
![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_334,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/9062d1_9cc18f6feada428dad936bc22d9b6ec0~mv2.webp)
![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


Most Common Tax Deductions for Construction Contractors
For Small to Mid-Sized Construction Contractors in today's volatile industry, aggressively slashing your tax bill isn't just smart business, it's essential for survival and growth. With rising material costs and labor shortages, leveraging every possible construction tax saving is the key to boosting cash flow and reinvesting in your future. The Urgency is Now: IRS rules are evolving rapidly under new legislation like the OBBBA 2025 . Missing out on these specialized deducti
Jun 20, 20224 min read
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