Recently, I had the joy of celebrating a big milestone with one of our long-time clients. It was their 10-year business anniversary. We have been working together for nine of those years, so joining in their celebration felt extra special. Walking into the party, I wasn’t sure if I would recognize them right away. After […]
Tag Archives: construction
05
Aug
Aug
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 […]
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 […]
08
Jul
Jul
In construction and trade businesses, equipment, tools, and vehicles are the backbone of your operations. But what happens when one of those assets reaches the end of its useful life? For example, a work truck that’s become unreliable or machinery that has outlived its usefulness. You need to know how to dispose of fixed assets […]
23
Jun
Jun
Skilled labor is the backbone for every general contractor. Unfortunately, finding the right people (and keeping them) is tougher than ever. Between an aging workforce, fewer young people entering the trades, and heavy competition from other companies, hiring isn’t just about posting a job ad. It’s about creating a work environment that skilled tradespeople want […]
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 […]
04
Feb
Feb
If you are a construction business owner, you have probably heard the term Work in Progress (WIP) thrown around. What exactly is WIP, and why do you need to understand it? WIP is more than just another accounting term; it’s a resource that helps you track your projects, manage cash flow, and stay profitable. Let’s […]
17
Dec
Dec
During slow periods, construction companies can adopt various strategies to maintain cash flow and keep the business thriving. These downtimes can be opportunities to explore new revenue streams and strengthen your business model. Here are five effective ways to generate revenue during these times. Offer Maintenance and Repair Services Maintenance and repair services are always […]
19
Nov
Nov
Generating leads is important for any business, but turning those leads into clients is what matters. For construction companies, this process involves a mix of smart marketing, personalized communication, and showcasing your skills. Here are five creative strategies to help you convert leads into loyal customers. 1. Use Virtual Reality (VR) and Augmented Reality (AR) […]
05
Nov
Nov
As the year-end approaches, the 1099 season will be here before we know it. With all the rules, forms, and deadlines, filing 1099s correctly can become a serious time commitment. But accurate 1099 filings aren’t just about checking a box—they’re essential to keeping your business compliant and avoiding costly penalties. At Beyond, we know that […]
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