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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
In the construction industry, it’s easy to get caught up by seven-figure contracts and impressive profit margins. But while revenue and profitability are important, they can mask an underlying threat ...
With a national shortage of affordable multifamily units, many municipalities have enacted inclusionary housing ordinances requiring market-rate developers to set aside 10 percent to 30 percent of new ...