In construction, revenue doesn’t always mean liquidity. Projects may look profitable on paper, but when payments lag, costs spike, or delays hit, cash can dry up fast. Without steady cash flow, even ...
Intuit QuickBooks whitepaper helps small businesses, including fintechs and construction, offering five tips for growth, ...
Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse - according to one recent report, 82% of ...
It’s no secret that owning, operating, and building a construction business can be more difficult to achieve compared to other industries. While accurate tracking of cash flow, inventory, and gross ...
Retainage is a critical tool for public project owners to ensure satisfactory contractor performance. The maximum retainage rate for public projects typically ranges from 5% to 10%, depending on the ...