Surety Bond Rates Explained: How to Get the Best Deal
top of page
Our Blogs
Search
When it comes to securing surety bonds, many business owners, especially contractors, are primarily concerned about the cost. How much...
Oct 75 min read
Top 6 Factors to Look for When Choosing a Surety Broker
Choosing the right surety bond provider is one of the most critical decisions a contractor or construction business will face. The right...
11
Oct 35 min read
How to Renew or Update Your Construction Surety Bond
If you are a building contractor, you need to renew your construction bond every year to stay in compliance and keep your business...
12
Sep 304 min read
How Contractors Can Maximize Bond Capacity Through Strong Internal Financials
Bonding ability is a very important factor for contractors that determines what kinds of projects they can take on and how big they can...
28
Sep 276 min read
The Risks of Working Without a Surety Bond in Public Works
If you work on public projects, a security bond is more than just something you have to do. It's an important safety measure that keeps...
44
Sep 255 min read
How To Estimate Your Performance Bond Costs in Construction
When you’re preparing for a new construction project, estimating your performance bond costs is one of the essential steps. Without...
403
Sep 186 min read
5 Ways to Prepare Your Financials for Construction Bonding Approval
When applying for a bond for a building project, especially one that involves public works, it is very important to have accurate and...
30
Sep 174 min read
Double-Entry Bookkeeping System: Pros and Cons for Construction Company
Accurate and trustworthy accounting is a must for anyone in charge of managing the finances of a construction company. One popular method...
33
Aug 314 min read
The Ultimate Guide to Managing Construction Overhead Expenses
Construction overhead expenses are one of the most important but often forgotten parts of managing money in the construction business....
56
Jul 244 min read
Understanding 2 Key Revenue Recognition Methods for Construction
Accurate revenue recognition is essential in construction accounting for reflecting a project's financial performance.
179
Jul 124 min read
Top 4 Effective Strategies To Reduce Construction Overhead Costs
In the construction industry, overhead costs can significantly impact a project’s profitability and overall financial health....
32
Jul 105 min read
How to Track Invoices in Construction: Step-by-Step Guide
In the construction industry, managing invoices efficiently is crucial for maintaining financial health and ensuring project success....
81