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Paving the Way: Debt Management Strategies for Construction Companies

410 companies within the construction sector became insolvent. Infact, the construction industry ranked 2nd, contributing 16% of US business insolvencies. Amidst overgrowing project backlogs, slow-paced collections, and retainage requirements, you constantly struggle to manage debts. Along with poor financial management, another reason for this alarming trend is that you mostly purchase construction materials in bulk […]


Construction Accounting Myths: Demolishing Misconceptions Around Outsourcing

Did you know? There are over 3,787,470 construction businesses in the US – Source Running a construction company with multiple concurrent projects is a formidable endeavor, demanding exceptional organizational prowess. You may easily recall being swamped in steering projects toward success by embodying effective leadership and implementing strategic measures. In my career, I have seen […]