Effective cash flow management is essential to any construction project. With already so many moving parts in any project, the model of general contractors and subcontractors introduces complexities ...

During the pandemic, supply chain challenges have dominated the news. Material costs have skyrocketed, forcing contractors to pay significantly more out of pocket to procure materials, seriously ...

In construction, revenue doesn’t always mean liquidity. Projects may look profitable on paper, but when payments lag, costs spike, or delays hit, cash can dry up fast. Without steady cash flow, even ...

Time flies, and here I am in the beginning of February, trying to think through how 2023 is going to look for contractors and the economy in general. Some say good. Some say bad. Some say they do not ...

Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse - according to one recent report, 82% of ...

Eyeballing construction activity in and around Knoxville, particularly in homebuilding, can give the false impression that construction contractors are using dump trucks to haul the money they’re ...