When contractors talk about cash, they tend to lump it all together. But in reality, there are three types of cash every construction business needs to survive — and thrive: If you don’t intentionally separate... Read More

Every business has a breakeven point — the dollar amount you must earn just to cover your costs and stay afloat. But you’d be shocked how many contractors have no idea what that number actually... Read More

There’s one financial metric every contractor should know cold — and it’s not your net profit. It’s your gross profit margin. Gross profit is what’s left after you subtract direct job costs (materials, subs, labor)... Read More