Do You Need Progress Billing Software? 9 Must-Ask Questions
- Cash Management, FINANCE, Improving Productivity, Payment, TECHNOLOGY
- April 23, 2024
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“In the midst of chaos, there is also opportunity.”0
- Best Practices, Cash Management, Improving Productivity, Risk Management
- April 27, 2021
Examining the Upside of the Upside Down By Gregg Schoppman, FMI Sun Tzu, the author of The Art of War, was a military strategist and tactician that lived thousands of years ago. Yet he is arguably one of the most studied individuals by military minds, business leaders, coaches who leverage his countless principles and theories
READ MOREManaging Cash through AI in the Construction Industry: Five Lessons for Leaders0
- Best Practices, Cash Management, Payment
- April 27, 2021
By Mark Marone, PhD., Dale Carnegie and Associates The construction industry has entered a period of profound change, driven by digital transformation including the implementation of artificial intelligence (AI), arguably on a scale unlike anything seen before. A study by Dale Carnegie Training found that 67% of employees say they are already being impacted by
READ MOREWhy Effective Cash Flow Management is Crucial for Subcontractors0
- Cash Management
- April 27, 2021
By Tom Bailey, Principal, Councilor, Buchanan & Mitchell, P.C. – CPAs & Business Advisors A good way to think about cash flow is to see it as your business’ wallet. Cash flow reports are crucial tools for business owners and managers to help them understand where their business’ money is coming and going, and when.
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Mitigating Cash Flow Issues by Serving a Preliminary Notice0
- Best Practices, Cash Management, FINANCE
- April 27, 2021
By Patrick Hogan, handle.com Construction companies are highly vulnerable to cash flow issues. In the construction business, parties get paid in full only after they finish working on a project, and one late payment can snowball into bigger financial problems. Contractors, subcontractors, and material suppliers must therefore manage their cash flow efficiently to prevent fatal
READ MORESurvival Strategies Amid COVID-190
- Best Practices, Cash Management, COVID-19, Documentation, Outlook & Trends, Risk Management
- November 23, 2020
By Michael McLin, Maxim Consulting Group The COVID-19 pandemic has had far reaching impacts on the U.S. economy. Companies in once successful industries across the United States have felt the immediate impact of the current pandemic in the most devastating ways. Since March 2020, many companies have come to a complete and total shutdown, displacing
READ MOREThe Keys to Survival for Small Companies…From Those Who Are Doing It0
- Cash Management, Leadership, Life
- November 23, 2020
By Jack Rubinger, construction industry writer U.S. workers are steadily gaining confidence, according to LinkedIn’s Workforce Confidence Index from November 2. The index — which measures how Americans are feeling about their job security, finances and careers — is the highest it’s been since April: +33 on a scale from -100 to +100. The upturn
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To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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