Contractor Record Keeping

What Should an Independent Contractor Keep Track Of?

ByconstructBalancesMay 28, 202419 min read

As an independent contractor, it’s important to keep accurate records of your financial transactions and project-related activities. Maintaining detailed records…

accounting comparison image

Key Contrasts Between Regular Accounting and Construction Accounting in the US

ByconstructBalancesMay 28, 202416 min read

Accounting is an essential function of any business, as it helps to keep track of financial transactions, analyze performance, and…

Cash Reserves

How much cash should a construction company have on hand?

ByconstructBalancesMay 28, 202416 min read

As a construction company, maintaining healthy cash reserves is critical to ensuring a stable and thriving business. Having enough cash…

Financial Tools

What Are the Top-Rated Financial Management Tools for Contractors?

ByconstructBalancesMay 28, 202417 min read

As a contractor, managing your finances can be challenging, especially with project deadlines and other business operations to take care…

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