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How to Revise Construction Estimates Mid-Project Without Losing Profit
In the dynamic world of construction, unforeseen obstacles can upend even the most meticulously crafted budgets. Revising construction...
Jan 74 min read
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What Contractors Need to Know About Bid Bonds: A Complete Guide
When it comes to construction projects, understanding bid bonds is essential for contractors looking to win bids and secure contracts....
Jan 64 min read
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How to Integrate QuickBooks and JobTread for Accounting Efficiency
To stay competitive in today's fast-paced building business, you need to keep good track of your money. Adding QuickBooks to JobTread  ...
Oct 20, 20244 min read
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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
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4 Common Financial Issues That Can Impact Bonding for Construction
Securing construction bonding  is a crucial step for contractors, especially in public works projects. But several financial issues can...
Sep 21, 20245 min read
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Construction Income Statements: What You Need to Know
Running a construction business is hard, especially when it comes to tracking your financial health. The construction income statement...
Sep 12, 20246 min read
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A Guide to Construction Cost Estimates: Types, Methods, and Examples
In construction, accurate cost estimates are vital for project success. Whether you're a contractor, project manager, or owner, understanding estimation methods ensures effective planning and execution. A precise estimate controls the budget, allocates resources efficiently, and minimizes cost overruns. A thorough estimate covers both direct and indirect costs, factoring in site conditions, project scope, and market trends. Including contingency funds and profit margins ensu
Aug 22, 20244 min read
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8 Proven Strategies to Minimize Late Payments in Construction Projects
Ensuring timely payments in construction projects can be challenging. Late payments can hurt cash flow, slow down project progress, and...
Aug 12, 20244 min read
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How to Choose the Right Invoicing Software For Small Businesses
In the bustling world of construction, managing finances efficiently is crucial for the success of any small firm. Construction invoicing...
Aug 8, 20244 min read
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Accounts Receivable Turnover Ratio vs. DSO: Key Differences Explained
In the world of bookkeeping and accounting, understanding various financial metrics is crucial for maintaining the financial health of a...
Aug 5, 20244 min read
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6 Steps to Setting Up Efficient Construction Cost Codes
Effective cost management is crucial in the construction industry, where projects often involve significant labor, materials, and...
Jul 20, 20248 min read
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Purchase Order Process in Construction: All You Need To Know
In the complex world of construction, managing finances and resources efficiently is crucial for project success. One key aspect of this...
Jul 5, 20244 min read
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