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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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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 134 min read
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Accounts Payable Workflow for Construction Bookkeepers: How to Stay Organized
Construction bookkeeping is more than simply numbers; it is about ensuring that every dollar spent benefits the project's success....
Jan 103 min read
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Job Costing in Construction: Definition, Examples & How to Calculate
Job costing is a big challenge for construction businesses, offering precise insights into project expenses and profitability. Effective...
Nov 28, 20247 min read
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Surety Bond Rates Explained: How to Get the Best Deal
When it comes to securing surety bonds, many business owners, especially contractors, are primarily concerned about the cost. How much...
Oct 9, 20245 min read
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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...
Oct 7, 20245 min read
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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...
Oct 3, 20248 min read
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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...
Sep 30, 20244 min read
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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...
Sep 27, 20246 min read
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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...
Sep 25, 20245 min read
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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...
Sep 18, 20245 min read
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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...
Sep 17, 20244 min read
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