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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...
Thinking about the industries that are most at risk for cyberattacks, the construction industry might not be near the top of most people’s lists. According to a report from the security software...
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Successful construction companies depend on creating accurate estimates for bids and projects. Accurate estimates are essential for everything from winning bids to securing a company’s long-term...
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...
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Construction is an expensive business. Materials keep going up in price, as do many other expenses. As a contractor, you want to use all of your resources as efficiently as possible. When...
The Inflation Reduction Act of 2022 (IRA), signed into law last August, touched on a wide variety of climate change and clean energy matters. But perhaps the most important changes for individuals...
Inflation and increasing interest rates have made many people nervous in a wide range of industries. Ongoing struggles that began with the COVID-19 pandemic, such as supply chain issues, only add to...
Cybersecurity is a major concern for almost every industry, with each industry dealing with its own unique risks. For the construction industry, cybersecurity – and the lack thereof – can affect...
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...