In construction, cash is king. Whether you’re waiting on client payments, investing in new equipment, or ramping up for a big project, access to capital can be the difference between growth and grinding to a halt. But should your construction company apply for a business loan? It depends. In this blog, we will discuss which […]
Category Archives: Cash Flow
Bookkeeping, Cash Flow, Construction
Mastering Change Orders: Five Best Practices for Custom Home Builders
22
Jul
Jul
In the world of custom home building, change is inevitable. From a homeowner’s evolving vision to unexpected site discoveries, the way you handle change orders can make or break a project. Get ahead of the curve with these five time-tested best practices designed to keep your builds on schedule, on budget, and your clients smiling […]
27
May
May
Winning more bids in residential construction isn’t all about offering the lowest price. Price is one aspect, however homeowners and developers are even more interested in reliability, quality, and finding a contractor they can trust. Focusing on the right strategies can help you secure more projects and grow your business. 1. Strengthen Your Reputation with […]
11
Jun
Jun
All small businesses have bills. Many small businesses feel that they don’t want the extra work of entering bills into their accounting system if they are just going to pay them immediately How does entering bills into your accounting system benefit you? Entering bills into your books offers several benefits that can streamline your financial […]
23
Sep
Sep
Do you ever feel like holding onto cash in your business is like trying to hold sand in your hands? If so, you are far from alone. Cash is a big concern for many people. The good news is there are steps you can take right now to take control of your cash. Focus on […]
25
Aug
Aug
You want to better understand where your business is heading with regard to cash, but you do not know where to start. While getting started with managing your cash flow can seem daunting, don’t let that deter you. Starting down this path will help you know whether you can purchase new equipment, hire a new […]