Everyone has heard the saying… Cash is King. The point of this saying from an accounting perspective is that it is not enough for a business to be profitable in
Proper billing is an important aspect of both job management and cash flow management. Without proper billing, and by that term I mean billing that is sent out on time
A surety bond is a guarantee of a contractor’s performance. If a contractor fails to perform under a construction contract, the surety pays the owner for the damages (or provides
As the owner of a construction company, it can sometimes be difficult for you to get an accurate understanding of the financial position of your company; at the same time,
If you’re including all of your costs in your job estimates and billing, you are more than likely pricing your jobs correctly, and in turn, maximizing your profits. But are
Is your profitability lagging? Does your surety seem a bit more hesitant than usual? If so, there may be a number of things you need to do. But one of