Look, I get it. You’re busy running your construction business, and the last thing you want to think about is the contractor’s credit card. But stick with me here – this could be the game-changer your business needs especially in 2025. Here’s the Thing About Construction and Credit… This could be you: Nearly losing a […]
Let’s Talk About 2025 – It’s Going to Get Wild Look, the game’s changing fast. The Fed just dropped rates by 50 points, and that’s huge news for anyone holding a hammer or signing checks in construction. Here’s the deal: if you’re not proactively engaging in financial planning for construction to prepare for what’s […]
Feels like a non-stop hustle, doesn’t it? Running a business – regardless of your niche/industry involves a lot of moving parts—projects, clients, and invoices coming in left and right. But when you sit down and look at the numbers, sometimes the profit just isn’t there. You’ve got the work, but the bottom line is telling […]
“You’re doing a lot” may be an understatement if you’re a construction business owner. Managing a construction business can be overwhelming, especially when juggling multiple projects, subcontractors, budgets, and deadlines. If you’re still relying on outdated spreadsheets, sticky notes, or scattered software tools, you’re missing out on a more efficient way to run your operations. That’s where […]
Managing finances in a construction business often feels like a juggling act. With payments coming in and out, covering operating expenses, preparing for taxes, and trying to save, it’s easy to feel overwhelmed. But there’s a simple way to bring order to the chaos: using four dedicated bank accounts. Separating your income, operating expenses, savings, […]
Employee turnover is a major challenge in the construction industry, especially when it comes to your skilled tradespeople. High turnover doesn’t just disrupt your project timelines; it also drains your resources. The time and money spent on hiring, training, and trying to replace your top talent can be a huge burden. In fact, the cost […]
Construction business owners have a lot to take on their plate – one of them being – computing accurate cost estimates. Whether you’re bidding on a new project or managing ongoing work, your ability to estimate costs accurately can make or break your business. Accurate cost estimates are essential for setting competitive bids, managing cash […]
Today, we’re diving into a crucial topic for anyone in the construction industry: common legal issues and how to handle them. Whether you’re a contractor or run a construction company, navigating legal challenges is part of the game. But don’t worry, we’ve got you covered with insights and strategies to help you stay on top […]
Construction pros are like firefighters and master multitaskers. Juggling tons of tasks just comes with the job, from managing job sites and coordinating with subs to keeping your books in order. With so much on your plate, nailing time management is crucial. Balancing on-site work with bookkeeping can be a real challenge, but it’s key […]
Is your construction business powered up to scale? It’s not just about working on more projects with the same manpower (that’ll lead to burn out), but it’s also about strategic planning, sharp financial management, and smart decision-making. Let’s dive into some essential financial strategies to help you scale your business successfully and sustainably. 1. Know […]