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4 Ways to Increase Cash Flow in Construction

4 Ways to Increase Cash Flow in Construction

Cash flow in construction is… well, probably the most important aspect of a construction company. It is also one of the most challenging things to handle in the day-to-day operations of a business. In this article, we will explore the challenges construction companies face, as well as provide 4 ways to increase cash flow quickly in your construction business. Let's jump in! The Challenge of Cash Flow in Construction In the unique industry of construction, cash flow is one of the biggest hurdles companies face when building a business. Here are 3 of the main challenges construction companies face regarding cash flow: 1. Payment is often based on completion milestones. Construction projects...

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Best Practices

6 Important Steps when Terminating a Subcontractor

6 Important Steps when Terminating a Subcontractor

6 Important Steps when Terminating a Subcontractor - Like most general contractors we place a great deal of effort searching and vetting subcontractors. Unlike many other professions, the process of finding great contractors is far from straight-forward and difficult to gauge if they will be a...

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Construction Management

Free Estimate Templates

Itemized Estimates: Pros & Cons

Itemized Estimates: Pros & Cons

Have you ever had a customer insist, “I need an itemized estimate” or ask “Can I get a breakdown of these costs?” To Itemize or not to itemize... The contractor's opinions on writing itemized estimates vary, and there are pros and cons to an itemized approach to estimating. If you are asking the...

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Building Your Business

Itemized Estimates: Pros & Cons

Itemized Estimates: Pros & Cons

Have you ever had a customer insist, “I need an itemized estimate” or ask “Can I get a breakdown of these costs?” To Itemize or not to itemize... The contractor's opinions on writing itemized estimates vary, and there are pros and cons to an itemized approach to estimating. If you are asking the...

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Work in Progress – Understanding WIP

Work in Progress – Understanding WIP

For most construction companies, the name of the game in construction is profitability. Many construction companies sell millions every year, yet business owners often stay allow big-time profits to slip through the cracks. When used properly, a Work in Progress (WIP) report is a key part of job...

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Landscaping Software: How to Prepare for a Busy Spring

Landscaping Software: How to Prepare for a Busy Spring

Landscaping Software: How to Prepare for a Busy Spring As spring approaches, landscaping businesses face the annual rush of projects. This season, you can prepare for record profits with the right landscaping software. Projul stands out as a game-changer, and here's how it can transform your busy...

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Construction SEO: Tips for Increasing Website Traffic

Construction SEO: Tips for Increasing Website Traffic

Construction SEO: Tips for Increasing Website Traffic In the world of construction, having a strong online presence can be the difference between landing a big project or being left in the dust. That's where construction SEO (Search Engine Optimization) comes in. SEO is the foundation for making...

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