Get Paid Faster With Cash-Flow Management
Even with a strong backlog, poorly managed cash flow can be problematic for a contractor. Slow invoicing, unexpected expenses and late payments from customers can cause serious cash-flow issues. Contractors that are disciplined in their management of contracts, billings, collections and report reviews are able to ensure that their business maintains a strong cash position.
Best Practices for Construction Business Expansion
Whether you are a contractor that is just starting out or you have been in the industry for years, successfully expanding your business requires strategic planning and strong leadership. Learn about best practices to expand your construction company—ultimately investing time and money into your business and your employees.
Construction Executive’s 2025 Construction Economic Forecast
Anirban Basu, chief economist for Associated Builders and Contractors, will present Construction Executive’s “2025 Construction Economic Update and Forecast” on Wednesday, Dec. 11, at 2 p.m. ET (11 a.m. PT). With the U.S. presidential election decided, the Federal Reserve starting its rate-cutting cycle and volatility over large parts of the world, Basu returns to update […]
Finding the Revenue in Construction Change Orders
Change orders are an inevitable part of doing business as a contractor and can often mean more revenue. However, when mismanaged, change orders can be time-consuming and disruptive to the relationship between the contractor and their customer. Contractors that have mastered the art of managing change orders are capable of increasing their revenue while minimizing […]