There are a lot of risks involved in construction projects and the industry as a whole. Between physical safety, materials pricing, delays, and hundreds of other gambles, things can happen....
In a perfect world, a residential construction or remodeling project would go off without a hitch. The contractor gets paid, the homeowner is happy and everything works out. Unfortunately, though,...
The state of Kentucky requires contractors in electrical, plumbing, and HVAC to secure a state contractor license, while most other contractors are regulated by municipality. We’ve put together a comprehensive...
How your contracting business is organized has a tremendous effect on your vulnerability to risk and the amount of taxes you’ll pay. When starting out, most contractors organize as sole...
Finding the right contractor can be a massive roadblock on the way to a successful project. While there are plenty of contractors and subcontractors willing to take a contract, they’re...
In most cases, income from sales is recorded at the same time as the work is invoiced or payment is received. This is the way most contractors and suppliers record...
Starting your own contracting business in Missouri is a big step, but being your own boss is full of rewards. You’ll be able to choose your clients, pick the type...
Construction contractors sometimes go through hoops to receive payments. A client may experience a financial hardship that forces them to stop a project. They may also claim the work provided...
There are many different types of contractors in the construction industry, and they each have a specialized job. Other than very small construction projects, it’s almost impossible to take a...
At the start of the pandemic many contractors were dealing with shutdown orders and reduced staffing requirements, which led to many project delays. Now, contractors are dealing with material and...