Year-end in construction means wrapping up projects—plus, it’s audit time. Since “audit” ranks just above “root canal” for favorite things, here’s how contractors can prevent panic while preparing audit-proof books.   Avoid Common Audit Mistakes   Create Audit-Proof Construction Books 1. Organize Docs from Day One Check physical and digital records. Consider categorizing by project […]

Tired of getting polite (or not-so-polite) vendor emails about past-due payments? Vendor drama is real, but your contracting business doesn’t have to play a chaotic leading role.   Common Vendor Pitfalls   Game-Changing Solutions 1. Prioritize Invoices Not every bill’s due date is malleable. Prioritize vendor payments based on criticality and business impact. 2. Communicate […]

Nothing drains excitement from a new project like the dreaded unpaid invoice. If construction billing leaves you waiting and wondering about payments, these strategies can shift your overdue balance to paid-in-full.   Why Payments Stall in Construction   Fix Your Payment Process 1. Clear Upfront Contracts Ensure your terms and payment schedules are transparent. Include […]

Running payroll in construction is like getting the right mix on a cement truck—a little imbalance, and suddenly everything’s messy. The good news? Payroll problems can be fixed with the right systems in place.   Top Construction Payroll Pitfalls   How to Prevent Payroll Nightmares 1. Proper Classification Check each worker’s status—W-2 or 1099? Get […]