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When a small construction company does not get its payables, it is more vulnerable to damage than a large company with large cash reserves.

As a contractor, you are working on many projects, whether it is a small task or a big project, it requires months, years, or even...

In the construction industry, managing financial intricacies like 'retainage' — a practice where a portion of the contractor's payment is...

Many businesses undertake long-lasting projects with substantial budgets but struggle to find an effective way to invoice customers. Many...

Keeping track of all money moving in and out of your construction business can be challenging and time-consuming, that is why you need to...

Bookkeeping can be one of the most daunting processes when you’re running your own business. Maintaining accurate records of financial...

As a small business owner, you may be passionate about all aspects of developing your business, but it may not include accounting. There...

If you’re running a construction company, regardless of whether it is a general contractor subcontractor or something in between, you...

Debtor and Creditor are common terms when it comes to bookkeeping. Although these two terms might seem straightforward, it's important to...

Overbilling in construction occurs when a contractor bills for contracted labor and materials before that work is actually completed

Construction companies do not only build structures, they head for building profits also, of course. Although most of them know how to...

Construction Project: 10 Sure-Fire Ways to Get Paid Faster in Construction