Foundation SoftwareThe Basics of Invoicing for Contractors: How to Get Paid FasterWith cash flow being key to contractor success, construction companies cannot afford to sleep on invoicing. In order to keep cash coming…Aug 28, 2019Aug 28, 2019
Foundation SoftwareThe Completed Contract Method and ASC 606When it comes to reporting revenue from their projects, contractors have typically had a few options: when they’re paid, when they bill…Jul 2, 2019Jul 2, 2019
Foundation SoftwareConstruction Marketing 101: 7 Steps to Promote Your Business“Can we bid on this job?” “Are we over costs on this project?” “What permits do we need to work in this district?”May 13, 2019May 13, 2019
Foundation Software4 Cash Flow Management Mistakes Construction Companies MakeGuest Contributor: Aki Merced, Handle.comApr 11, 2019Apr 11, 2019
Foundation SoftwareHow to Allocate Construction Overhead in FOUNDATION®Accurately allocating overhead expenses can be difficult. Even after you’ve figured out what your overhead is and how it should be…Mar 28, 2019Mar 28, 2019
Foundation SoftwareSample Certified Payroll Report: Interact With an Example WH-347Certified payroll refers to weekly construction labor reporting that a contractor submits for each government contract they’ve worked…Mar 21, 2019Mar 21, 2019
Foundation Software5 Key Financial Ratios for Your Construction BusinessFor contractors, the amount of metrics to gauge the effectiveness of your construction business can be overwhelming. Between balance…Feb 25, 2019Feb 25, 2019
Foundation SoftwareHow to Write a Capability Statement: A Guide for Small Business Construction ContractorsWHAT IS A CAPABILITY STATEMENT?Feb 15, 2019Feb 15, 2019
Foundation SoftwareThe Future of the Percentage-of-Completion Method: The Impact of ASC 606Once upon a time, contractors essentially chose between a contract-complete method or a percentage-of-completion method for recording…Jan 24, 2019Jan 24, 2019
Foundation SoftwareWhen to Capitalize Costs vs. Expense on a Construction ProjectConstruction businesses don’t usually have a choice about paying costs, but contractors may have the choice whether to treat them as an…Jan 9, 2019Jan 9, 2019