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As you’re no doubt aware, accounting for builders is challenging. Construction companies tend to have unstable workforces, wage rates that can change by l...
Accounting for Builders: 5 Tips to Consider
Jan 06, 2022
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Dos and Don’ts of Crisis Management for Contractors
Dec 02, 2021From the Great Recession of more than a decade ago to the ongoing COVID-19 pandemic, construction companies have endured some tough lessons over the years. To h...
Payroll Tips for Contractors
Aug 18, 2021Processing payroll is a critical administrative task that directly ties to your construction company’s labor costs, profits and ability to comply with lab...
Important Considerations When Buying Another Construction Firm
Jul 21, 2021Buying another construction firm can be an attractive way to grow your company’s revenue base. A merger or an acquisition can allow you to: Add a new subc...
5 Common Construction Accounting Risks — and How to Address Them
Jul 07, 2021The primary focus of most contractors is to complete projects according to specifications, on time and on budget. For some construction businesses, accounting t...
Selecting the Right Payroll System for Your Construction Business
Apr 01, 2021Construction payroll can be complex, but with the right system in place, it doesn’t have to be stressful. Up-to-date payroll solution generally saves mone...
Nine Ways Contractors Can Maintain Healthy Cash Flow
Mar 04, 2021Contractors trying to keep their construction companies financially healthy face two intrinsic challenges: the seasonal nature of construction work and the unp...
8 Accounting Practices for a Financially Healthy Construction Business
Jan 07, 2021Construction accounting is different from the accounting practices of businesses that use only a general ledger. Because construction companies perform contract...
Are Your Construction Contracts COVID-proof?
Oct 15, 2020It’s the fourth quarter of 2020, and the COVID-19 pandemic continues to affect the construction industry. Project delays, work stoppages, supply chain dis...
