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A project budget provides contractors with information not only on potential costs, but it also predicts the total income and profit expected on the project.
You have probably done these calculations more than a handful of times to measure your investment’s profitability, but how accurate is it for construction professionals
Finding a great subcontractor is hard, and it’s difficult to know if a sub is good or not until you work with them. By prequalifying
Construction invoices come in many forms: lump sum invoices,progress billings, and time and materials. For many years, the standard for progress billings in the industry
Construction payment and compliance management matter now more important than ever. Here are the benefits of construction payment management software. As in other industries, the
Managing and collecting lien waivers can be difficult when dealing with multiple contractors and suppliers. A single project can require up to 50 waivers, and
With over 7 million people working within it, the US construction industry occupies the third place in the country’s economic growth chart. If you’re a
Contractor financing issues and other improper planning are two of the most common causes of delays in construction. Whether you work in residential, commercial, or
As a Contractor knowing that budget is generally the number one concern for most of their clients is common knowledge. It’s vitally important to clients
Profitable construction businesses need to organize and streamline their billing process, so team members know what to do, and when and how to do it.