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 ...
On a typical electrical construction project, a project management team's success is measured on gross profit. Cash flow concerns are left to the controller, CFO, or sometimes even the owner. What's ...
Relying on project-based payments means that income could be unpredictable, with cash coming in at different times depending on project progress. Delays in payments or unexpected costs can easily ...
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 ...
Grassi Advisors & Accountants has been providing accounting and consulting services to the construction industry for more than 40 years. The Commercial Observer Partner Insights team spoke with Grassi ...
Washington’s proposed income tax (AKA “millionaires’ income tax,” Senate Bill 6346) is being promoted as a measure aimed at the ultra-wealthy. But for many small and mid-sized construction contractors ...
Construction companies spend a lot of time chasing margins — negotiating better contracts, tightening estimates and managing ...
Eyeballing construction activity in and around Knoxville, particularly in homebuilding, can give the false impression that construction contractors are using dump trucks to haul the money they’re ...
Discover how project finance funds large-scale projects through a non-recourse or limited-recourse structure, relying on ...
A small business has cash flowing in and out of its business for various reasons. A small-business construction company reports these cash inflows and outflows during an accounting period on its cash ...
Washington’s proposed income tax (AKA “millionaires’ income tax,” Senate Bill 6346) is being promoted as a measure aimed at the ultra-wealthy. But for many small and mid-sized construction contractors ...