Our payment system is not just about providing clear deadlines for draw requests and payments for vendors, it goes beyond that. We understand that managing subcontractor payments can be a daunting task for any business owner, that’s why we have designed a system that would take the burden off your shoulders. Here’s how our payment …
Tag: construction labor costs
Top Financial Pitfalls Faced by Contractors and Custom Home Builders – and How to Avoid Them
Between balancing multiple budgets and timelines, accounting for various payment types and salary schedules, and managing overhead costs, contractors and custom home builders face a unique set of financial challenges – which can come with unique pitfalls. By understanding and addressing these pitfalls proactively, construction industry professionals can attain financial stability and achieve long-term growth. …