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Construction Accounting 101: Why is the Percentage-of-Completion Adjustment...
The percentage-of-completion adjustment provides a context from which to assess your position that billings only cannot provide. And for construction companies, there are several circumstances in which...
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Maintaining Working Capital 101 for Construction Companies
Working capital is the backbone of every construction business, and understanding working capital is a vital component of long term success. Why? Surety companies utilize a working capital calculation...
View Article9 Ways Contracts Can Improve Cash Flow Management
Although healthy cash flow begins with a carefully structured contract , there are several additional methods for maintaining healthy cash flow. Among other things, you should: Assess the financial...
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Smart Mobile Management from Your Smartphone
Construction companies face special management challenges that brick-and-mortar business owners can generally avoid. One of these is effectively managing a large group of employees in a remote work...
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