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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. Retainage can cause a cash flow burden for contractors, especially subs at the bottom of the payment chain.

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Construction Payment Speed: Winners and Losers

Levelset

Our recent Construction Cash Flow and Payment Report took a deep look at more than 500 construction companies to figure out who is getting paid quickly — and who isn’t. Public projects often have complex payment chains, bond requirements, legal challenges, and government funding. Find more success with payment speed. Learn more.

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Transforming Construction Payments: Autodesk's Strategic Move with Payapps Acquisition 

Autodesk Construction Cloud

Despite this, both general contractors and subcontractors struggle with the complexities of the payment process and face significant cash flow obstacles. Time and time again, I hear about contractors’ frustrations and struggles with late payments and cash flow and how it negatively impacts their businesses.

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The Small Business Guide to Construction Management Software

Autodesk Construction Cloud

Their teams and budgets are leaner, so every investment must be carefully considered—particularly when it comes to tools like construction management software. . Digital solutions have become “must” haves (vs “should” haves) for construction management over the last few years. What to Look for In Construction Management Software.

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How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on.

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How to Start a Plumbing Business: 9 Tips for Growth

Levelset

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on.

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How to Start an Electrical Business: 9 Tips for Growth

Levelset

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on.