Revenue Management
Milestone billing processes are an important way for contractors to manage invoice and payment cycles, ensuring cash flow. Current disruptions make nimble, milestone billing even more important then ever, though absorbing the revenue recognition…
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Top Ten Causes of Claims
Surprise? For the most part, claims and disputes tend to stem from the rush to move projects forward, although design, licenses and permits might not be finalized. Unfortunately, in the long run, the early…
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Surviving and Thriving!
Just two years before the great recession struck in 2008, Gary Schumal and Ron Plunk had set out to form their own construction company. Despite the challenges, their venture survived and thrived and is…
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Good Hiring Practices
Hiring, especially in construction, is tougher than ever. That’s why industry pros remind us that good preparation is essential. Dedicating time to having your hiring infrastructure at the ready pays off in the long…
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Bubbling Up for 2023
Although many people have been opting to drink less, alcohol sales are anticipated to continue growing. Among the trends expected to drive alcohol consumption forward in 2023 are growth in home delivery, continued interest…
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New York Cannabis Business?
Entrepreneurs in New York City can now get help from Cannabis NYC, a program of the NYC Department of Small Business Services. Led by Brooklyn native, corporate leader and nationally known cannabis advisor, Dasheeda Dawson,…
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Do You Want Some More?
Money from the Infrastructure Investment and Jobs Act is headed to states. There are a number of resources to help contractors follow the money and compete, and whether you are going after a big…
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Reputation?
Predictions about what tomorrow will bring are never a sure thing—but having a strong reputation for getting projects done on time and on budget is a pretty sure bet when it comes to running—and…
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Informed Decisions: Jobsite Data
Running a profitable construction company requires knowing what’s actually happening on every jobsite, every day. This critical intel helps owners get a jump on issues that will impact success—and profits—if left unchecked. Pros observe…
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