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7 Things Contractors Need to Know About Retainage

Fieldwire

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. It’s fairly common, especially on commercial and public construction projects, and typically ranges from 5 - 10% of the total contract price.

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Study Illustrates The Economic And Commercial Power Of Investing In Energy Efficient Buildings

Buisness Facilities Contributed Content

building efficiency by 2030 is the subject of the new report, Unlocking American Efficiency: The Economic and Commercial Power of Investing in Energy Efficient Buildings. The post Study Illustrates The Economic And Commercial Power Of Investing In Energy Efficient Buildings appeared first on Business Facilities.

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Commercial Tenant Improvement Contractors Have Unique Bookkeeping Needs

Contractor Bookkeeping

Commercial Tenant Improvement Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often Commercial Tenant Improvement Contractors hire a bookkeeper and end up with the wrong bookkeeper if they believe all bookkeepers are the same. Nothing is further from the truth. We know what to do! We know what to do!

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Construction Business Owner Blogs

Construction Business Owner

” Pardon the Commercial Interruption… » Year-End Wake Up Call. foundation. foundation software. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. « “How good do you want to be?” Mid-January is a time of reflection for many contractors.

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What is Retainage in Construction?

Lets Build

Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. However, even though retainage is commonplace, it’s not always used fairly.

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Construction Business Owner Blogs

Construction Business Owner

It seems like every time I turn on the television, I see a commercial for something “in the cloud.” There used to be commercials from a well-known company that proclaimed in a super-hero-like fashion, “To the cloud!” foundation. foundation software. « Leveraging Technology to Enhance What You Already Do Well.

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Construction Business Owner Blogs

Construction Business Owner

There’s a commercial for a local kitchen design company that I often hear on the radio that starts, “The form has to follow the function…” According to Wikipedia, this phrase comes from a modern architecture and design principle that says to base the shape of a building or object on its intended purpose of function. foundation.