Commercial construction firms are finding work and pursuing growth, but many are still being forced to slow down or walk away ...

A company that consistently operates at a loss and suffers from negative cash flow is doomed to fail. The solution is to generate positive cash flow every month which will allow employees to be paid ...

Relying on project-based payments means that income could be unpredictable, with cash coming in at different times depending on project progress. Delays in payments or unexpected costs can easily ...

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 ...

Washington’s proposed income tax (AKA “millionaires’ income tax,” Senate Bill 6346) is being promoted as a measure aimed at the ultra-wealthy. But for many small and mid-sized construction contractors ...

As financial decision-making becomes more complex for growing companies-particularly in project-based industries such as construction-the role of the chief financial officer is evolving beyond large ...

It’s no secret that owning, operating, and building a construction business can be more difficult to achieve compared to other industries. While accurate tracking of cash flow, inventory, and gross ...

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 ...

Grassi Advisors & Accountants has been providing accounting and consulting services to the construction industry for more than 40 years. The Commercial Observer Partner Insights team spoke with Grassi ...