If you’re reading this blog post, you’re probably well aware that nothing in the construction industry is simple. With so many moving parts and people involved, many contractors lean on...
Across the construction industry, the average net profit margin is nearly 6 percent according to research from IBIS World — though Levelset’s Construction Payment Report reports that many builders often...
It starts with a vision CEO and founder of Cannondale Capital investors Joe Ripp has a grand vision to grow his recent investment – a small millworking company with big...
Renovation and remodeling projects spiked during the pandemic, and are still growing. In 2021, 84% of homeowners planned to tackle a home improvement task. Outdoor areas are especially popular places...
Continuing education is important in any field, but especially in the ever-evolving field of construction credit. I recently participated in Advanced Negotiations, a course component of NACM’s Graduate School of...
Pollution can be a byproduct of construction work. Contractors work hard to ensure that accidents and leaks don’t happen, but they can’t prevent them all. Pollution liability insurance steps in...
Most contractors use some type of construction accounting software to track income and expenses. But most platforms can do a lot more than just bookkeeping. They often have powerful analysis...
Berta Diaz has been the Credit Manager at S&J Supply Company, a pipeline material supplier located in California, since 2018. Upon moving into her current role, she realized the processes...
Everyone loves to profess how difficult the construction industry is. These critics like to point out how this business chews up companies and spits them out. While there are plenty...
Drawings, plans, specs, and contracts are designed to pave the way for a smooth and uneventful construction project. But, as everyone knows, construction rarely goes according to plan, and occasionally,...