The construction industry saw a strong rebound from COVID and showed strong performance throughout 2023. This was bolstered largely on the strong growth in U.S. gross domestic product in both Q3 and...
Contractors who want to be considered for and take on larger, more complex construction projects typically need to obtain a surety bond. The higher a contractor’s bonding capacity, the larger the...
Since the return to “normal” after the onset of the COVID-19 pandemic, there has been a strong demand for new construction, additions and renovations, contractors have had a hard time keeping up. The...
Exiting your construction business efficiently and with minimal losses requires solid planning. No matter who the future owners are, the path could have some twists and turns if you haven't planned...
The chaos of the COVID-19 pandemic has caused a lot of uncertainty in the construction industry, but having goals for your business makes it much easier to move forward, even during difficult times....
Financial statements are an essential part of understanding the operating results for every contractor. Between the balance sheet, income statement, and statement of cash flows, financial statements...
Technological innovations and other recent developments are rapidly altering the job estimators perform for construction companies. Estimators are taking on a more collaborative, value-added role —...
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