Financial Management
Construction Cost Codes: How to Set Up a System That Makes Job Costing Easy
How to build a cost code system that makes job costing simple instead of painful.
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Construction Cash Flow Management: How to Stop Living Job to Job
Most contractors who go under don't fail because of bad work. They fail because they run out of cash. Learn how to...
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Construction Labor Rates: How to Calculate and Track Labor Costs
How to calculate your true labor rates and track labor costs so you stop losing money on crew hours.
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Construction Payment Terms: How to Set Terms That Get You Paid Faster
Payment terms that protect your cash flow and get invoices paid on time.
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Construction Company Fuel Card Programs: The Complete Guide to Choosing, Tracking, and Controlling Fuel Spend
Fuel is one of the sneakiest line items on a construction budget. It never shows up as a single big expense, but those...
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Construction Cost Overruns: Why They Happen and How to Prevent Them
Construction cost overruns don't happen overnight. They build up through bad estimates, untracked change orders, and...
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Construction Payroll Processing Best Practices: What Every Contractor Needs to Know
Payroll processing in construction is a different animal than most industries. Between certified payroll requirements,...
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Construction Payroll Tax Compliance: A Contractor's Guide to Staying Out of Trouble
Payroll taxes in construction are more complicated than most industries. Between federal withholding, state-by-state...
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Construction Contingency Budgets: How Much to Set Aside and Why
Every experienced contractor knows that no project goes exactly as planned. Contingency budgets are the safety net that...
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Construction Lien Rights: What Every Contractor Needs to Know to Get Paid
You did the work. You sent the invoice. And now you're chasing a check that should have shown up weeks ago....
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Construction Pricing Strategies Beyond Cost-Plus: 5 Models That Maximize Profit
Cost-plus isn't the only way to price construction work. Here are five pricing strategies that help contractors stop...
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Construction Retainage: What It Is, How It Works, and How to Track It
Retainage can lock up thousands of dollars across your projects for months. Learn what construction retainage is, how...
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