“Cash flow is the lifeblood of every business.” There’s a lot of truth in that simple statement. However, some contractors don’t realize the importance of cash flow management until it’s all too late.

Commercial construction firms are finding work and pursuing growth, but many are still being forced to slow down or walk away from profitable projects when the timing of cash flow falls out of step ...

During the pandemic, supply chain challenges have dominated the news. Material costs have skyrocketed, forcing contractors to pay significantly more out of pocket to procure materials, seriously ...

New federal tax law eliminates HVAC energy credits. Accounting experts urge contractors to restructure finances now ...

A sensitivity analysis can help you put a plan in place for both positive and negative revenue movement in 2017. It’s hard to believe but it’s time to discuss and plan for another New Year. More ...

Contractors will see improved cash flow following the finance ministry’s new rule that allows them to withdraw retention money against a bank guarantee upon project completion. defects village that ...

An association representing general contractors and other construction businesses in Minnesota is spearheading a legislative effort designed to make it easier for small businesses to participate in ...

Retainage is commonly used in construction to withhold funds until project completion. Unfortunately for some contractors, ...