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Stressed about Finances? You're Not Alone
On public jobs, the halfway point is a milestone which, when reached, requires a reduction of retainage from all subsequent payments. Private contracts, on the other hand, treat retainage according to the contract. But nothing prevents you from negotiating a similar reduction at 50% completion.
A thorough, step-by-step analysis that treats the home as an integrated system is the only route to true performance improvements, including lower energy bills and better indoor air quality.
Most residential construction business owners will have to work until they die, without enough accumulated investments to support themselves during retirement. But it doesn't have to be like that.
Few contractors do, but Shawn McCadden advocates for more transparency if (a big "if") your company has its books in order.
The truth is that commonly espoused energy-saving tips are worthless. We look at four common offenders.
Contractors are often their own worst enemies. Here are four ways they make it harder for their businesses to succeed.
Most lumberyards offer a discount for early payment. Don't let that 2% discount go to waste.
Judging a company's profitability based on gross profit can be misleading. Your bottom line numbers are a better indicator of performance. Here's why.
What to do when the scope of work changes and the customer disputes your claim for full payment.
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