If your finances are strong, you’re holding three to six months of cash — perhaps more — to make sure you can...
Entries Tagged Financial Management
Editorial
Legal Documents and Forms Help Provide Stability for Companies
Contractors don’t just wake up one day and say, “Surprise! I’m open.” Before they hang up their shingle, they need to attend...
Online Exclusives
Key Principles For Good Cash Flow Management
Without good cash flow, it can be difficult to take care of business essentials such as paying employees and subcontractors, purchasing materials or...
Online Exclusives
Navigating the World of Commercial Lending
If you’re setting down the path of starting your own contracting business, there is already a lot on your mind. Dealing with...
Online Exclusives
Finding a Financing Option for Your Company
Looking for money to open your own business? A variety of lenders are out there — from your gray-haired grandma to a stranger...
Online Exclusives
A Standardized Approach to Equipment Replacement
There are a few different ways to go about determining when a piece of equipment needs to be replaced. It doesn’t have...
Online Exclusives
5 Reasons Why a Financial Adviser is Key to Business Success
Guidance from a seasoned financial adviser can be invaluable to anyone embarking on a new journey — whether that’s saving for retirement,...
Editorial
Don’t Wait Until Age 65 to Learn About Social Security
Whether retirement is just around the corner or decades over the horizon, it’s never too soon to start planning ahead.
The choices you’ll...
Editorial
California Contractor Battles Challenges as He Continues to Grow His Company
“Roller coaster” is a fitting term for the tortuous route Scott Sanchez has taken to find entrepreneurial success.
In an industry where market...
Online Exclusives
Lower Your Operating Costs in 2019
You’re probably familiar with the old maxim: A penny saved is a penny earned.
For small-business owners, those are words to live by. Anything...
Online Exclusives
Best Advice of 2018: Wisdom From Successful Contractors
It’s again that time of year that is typically reserved for some reflection. Here we reflect on some of the industry knowledge...
Editorial
Is It Time to Hire a Full-Time Mechanic for Your Shop?
There are several essentials in your underground utility construction business — skilled workers, appropriate licenses, a sharp front office staff. And then...
Editorial
Figuring Out the New Tax Changes
As the new year begins, once again it’s time to put your books in order for the tax season.
And with the sweeping...
Online Exclusives
Are You Paying Employees the Right Wages?
Your business is growing and it’s clear you’ll need to hire another employee or two by next spring.
Have the wages you’re offering...














