construction

Publicly funded construction projects can offer valuable opportunities for contractors. However, if you’re interested in such a job, be sure to fully understand the wage requirements before bidding. The federal…

Aging accounts receivable can hurt any construction business’s financial performance. And as you’ve probably experienced, it’s a common issue. Payments are often delayed by last-minute change orders, hefty retainage, project…

The name of your construction business plays a critical role. It helps project owners find, recognize and ultimately trust you. But as your business grows, you may encounter situations where…

Private equity (PE) activity in the construction industry is surging. Global construction M&A deal value reached $33 billion in the third quarter of 2025, according to the Construction Financial Management Association…

Running a construction business requires compliance with the Occupational Safety and Health Administration’s (OSHA’s) many rules. But there can be a big difference between doing the bare minimum and building…

Retainage has long been a contentious practice in the construction industry. Unfortunately, it appears unlikely to disappear anytime soon. The good news is that by recognizing and planning for the…

Many small to midsize construction businesses struggle with bonding capacity. You’ve likely tried to stick to long-standing, surety-pleasing practices such as presenting accurate estimates and staying on friendly terms with…

Dealing with change orders is an unavoidable part of running a construction business. Although often disruptive, they can actually be golden opportunities to increase project revenue. Unfortunately, many contractors lose…

Cash flow management is a critical tool for any business. But it’s especially important for construction companies, which operate in a notoriously slow-paying industry. Read on for some useful tips…

Is your construction company struggling to attract and retain quality workers in today’s tight labor market? A well-designed incentive compensation program may help. The right approach can increase productivity and…

When a business valuation is needed, many contractors want a quick answer. That’s understandable. But an overly simplistic approach can create a false sense of certainty, especially in an industry…

For contractors running small and midsize construction businesses, even a single major conflict can turn an otherwise profitable job into a financial loss. The good news is that most disagreements…

Selling your construction business is likely one of the biggest financial moves you’ll ever make. And you’ll probably have only one opportunity to get it right. To maximize your return…

As construction companies grow, their accounting systems need to evolve right along with them. What worked in the early years may no longer provide the visibility or functionality necessary for…

The federal Qualified Opportunity Zone (QOZ) program incentivizes investment in designated low-income communities (or “zones”) across the United States. The One Big Beautiful Bill Act (OBBBA) updated the program and…