Most contractors recognize that the construction industry involves significant risks. Companies must engage in smart risk management processes to reduce their exposure and avoid...

By Ben Froland The pandemic continues to impact the construction industry as more contractors search for ways to improve efficiency and make up for time...

As contractors continue to deal with many challenges (including rising labor costs, labor shortages, economic uncertainty, risk of recession, and the rising cost of...

In part 1 of this article, we discussed the trends of remote working for both large organizations and small and medium-size businesses (SMBs). We...

Business owners and managers today face a myriad of challenges—a tight market with strong competition, workforce issues, slimming margins, and the need to keep...

By Theresa Ball, Vice President, Valley Bank Great companies persevere despite adversity because they have a sense of purpose that guides their way. It’s a...

The impact of the pandemic, paired with lasting supply chain shortages and price fluctuations, dramatically add to the complexity of financial planning for increasingly...

Contracts are the essential beating heart of any construction business. They define relationships with owners, legal and finance partners, and subsubcontractor service providers. Contracts...

As the national sales manager for Builders and Contractors Trust (BCT), one of the original pioneers in the sponsorship of tax-advantaged Supplemental Unemployment Benefit...

It’s no secret that there is a shortage of skilled laborers in the construction industry. As previous generations of skilled laborers leave the field,...