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…

Construction Requirements

What do you need for a construction project?

ByconstructBalancesMay 28, 202424 min read

Undertaking a construction project is a significant undertaking that requires careful planning and execution. To ensure a successful build, specific…

Capitalized Costs

What Construction Costs Can Be Capitalized?

ByconstructBalancesMay 28, 202416 min read

Construction projects involve various costs, and project managers must understand which costs can be capitalized. Capitalizing costs involves treating expenses…

Long-term Contract Accounting for Construction Projects

Long-term Contract Accounting for Construction Projects: An Introduction to Financial Discipline

ByconstructBalancesMay 28, 202422 min read

Long-term contract accounting is a crucial aspect of financial management for construction projects in the US market. It involves the…

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