“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.
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 ...
It was a painful lesson: in construction, finance teams are often forced to chase information rather than lead with it.
Through meticulous planning, a correct Work in Progress (WIP) report, continuous monitoring, and strategic financial management, general contractors can navigate the bell curve challenges.” — Jason ...
Eyeballing construction activity in and around Knoxville, particularly in homebuilding, can give the false impression that construction contractors are using dump trucks to haul the money they’re ...
"Predictable Pay was designed to bring alignment to the construction project ecosystem," said Chris Doyle, Founder and CEO of ...
TEMECULA, Calif., Aug. 24, 2023 /PRNewswire/ -- ProPricer, the premier cost proposal solution for government contractors and federal agencies, proudly introduces Cash Flow Pro, an innovative solutions ...
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 ...
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. project Choden of ...
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