How Purchase Order Financing Works in Construction
While most companies hope and pray for a large contract to come in, the truth is it can put a company under financial stress. Once a supplier or contractor receives...
Get help with everything you need to know about construction payments.
While most companies hope and pray for a large contract to come in, the truth is it can put a company under financial stress. Once a supplier or contractor receives...
Without subcontractors, the construction industry wouldn鈥檛 exist. General contractors rely on subs鈥� specialized licenses, expertise, and ability to deliver their portion of a project on time. And, for their efforts,...
When it comes to growing a construction company, there are two routes to take: take bigger projects or take more projects. For many contractors, their growth plan includes taking on...
There are several types of insurance that general contractors may need to purchase. Some of these are project specific, so check with the project owner to see if you are...
Construction is one of the most highly regulated industries, and there are tons of requirements that contractors must meet. One such requirement is securing a contractor bond, which many states,...
Homeowners are spending more time inside due to COVID-19, and many are considering renovation projects as a result 鈥� and the current renovation boom may make it harder for the...
Communication is difficult in construction mostly because of preconceived ideas, misguided assumptions, and bad habits. Not asking for change orders is a bad habit; assuming that your GC will respond...
Miami is consistently one of the country鈥檚 fastest-growing cities, keeping construction companies busy year-round. But despite booming business, contractors in The Magic City carry a lot of legal risk. The...
Effective evaluation and management of working capital is a critical component of construction business management and a primary determinant of success for many contractors. In this article, we will discuss...
West Coast Drywall and Paint is a highly-rated subcontractor in Southern California. Their Chief Financial Officer (Keith Caneva), Controller (Julie Hammack), and Contract Administrator (Elizabeth Gonzalez) all have a lot...
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