Do You Need Progress Billing Software? 9 Must-Ask Questions
- Cash Management, FINANCE, Improving Productivity, Payment, TECHNOLOGY
- April 23, 2024
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Streamlining Processes for Cost Savings and Chargeback Allocation Strategies0
- Best Practices, Cash Management, FINANCE
- May 22, 2023
By Dan Doyon, Maxim Consulting Group Construction projects are complex and multifaceted, with numerous stakeholders and processes involved. As a result, construction projects frequently experience delays, cost overruns, and quality issues. Contractors must streamline their processes and implement cost-cutting measures to address these issues. This article will examine how contractors can optimize processes and implement
READ MORELiens and the Importance of Payment Protection in Lean Construction0
- Best Practices, FINANCE, Payment
- April 25, 2023
By Patrick Hogan, handle.com To keep up with the pace of competition and the overall business landscape in construction, time and cost management are two critical factors that construction business owners and construction project managers must consider. Construction projects involve multiple stakeholders and many moving parts, making it challenging to maintain organization and efficiency. Implementing
READ MORE4 Steps Construction Contractors Need to Take to Secure Financing in 20230
- FINANCE, Improving Productivity
- April 25, 2023
By: Sundip Patel and Sanat Patel In recent years construction companies have faced an abundance of challenges: higher wages, a strained supply chain, increased cost of supplies, and increasing interest rates. However, company owners should not be discouraged, construction companies cannot only survive in this challenging environment, they can thrive. In order to thrive, construction
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Is it time for my construction company to become an S-Corp? How will it benefit me?0
- Best Practices, Cash Management, FINANCE, Taxes
- February 27, 2023
By Timothy Wingate, Jr., EA, G+F Business and Financial Consulting I think I’m an S-Corp, so what does that mean, and how can I find out if this is true? These questions are asked every year. My goal is to clarify how and when to use these designations. So, you’re a construction owner currently running
READ MORECash Flow Positive: Taking Out the Stress in Chasing Payments0
- Cash Management, FINANCE, Payment
- January 23, 2023
By Patrick Hogan, handle.com Arguably, one of the most stressful things subcontractors have to deal with is cash flow. Growth and sales are always on the minds of business owners–but it’s hard to make moves when liquidity is held up. Taking care of cash flow should be a priority, but it’s easy to make mistakes
READ MORECover All Bases: Payment Protection Regardless of Political Season0
- FINANCE, Outlook & Trends, Payment, Risk Management
- December 20, 2022
By Patrick Hogan, handle.com Construction contractors are no strangers to uncertainty, and a split senate and congress can significantly impact the sector. Still, as we wait for changes to laws that govern payments to participants in construction projects, it’s best to be reminded of what bases to cover to protect your payments, regardless of the
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10 Financial Metrics To Track In 2024 And Beyond
- FINANCE
- December 18, 2023
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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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Understanding the Experience Modification Rate
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- October 31, 2024
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