Two critical documents used in the construction industry are purchase orders and invoices. Yet they are often confused and misunderstood. Although similar, each serves avery different purpose. The key difference between a purchase order vs.… Read More »Purchase order vs. invoice: everything you need to know
A great proposal is crucial to win business, especially for growing contracting businesses. By using a generic or unoptimized proposal for your bids, you could be leaving potential profit on the table. Learning how to… Read More »How to write a construction proposal
Disputes and communication breakdowns are all but guaranteed when working on a project. This is true whether you have decades of experience or have just opened up for business. Yet, these disagreements come at a… Read More »Understanding scope of work in construction
Once again, it’s that exciting time of year where the accounting community gathers to reconnect, network, and explore new ways to help their practices thrive. Scaling New Heights begins this Sunday in Orlando, FL (June,… Read More »#SNH22 – Thrive
Construction change orders are documents that detail the addition or removal of work from the original scope of a project that was agreed on by the contractor and their client prior to any work being… Read More »Construction change orders: Everything you need to know
What’s your current average profit margin on a job? What would you like your average profit margin to be in the future? What kinds of jobs tend to have the best margin for you? Far… Read More »Construction profit margin: 5 ways to improve profitability and grow your margin
Knowify’s latest update focuses on simplifying your workflow and helping you pivot between tasks with ease. Here are just a few of the features you can expect to see the next time you log in… Read More »Knowify updates – May 2022
Across the board, construction and contracting businesses are feeling the impacts of global supply chain disruptions and labor shortages firsthand. According to an early 2022 news release published by Associated Builders and Contractors, “overall construction… Read More »Building a construction budget – Improve cost control in your construction projects
The AIA payment application is a familiar struggle for many contractors and subcontractors. Although they are a vital part of your work, the stress and headache of calculating each line precisely and submitting an AIA… Read More »How to fill out an AIA payment application
100% GRIT. World of Concrete 2022 is next week! More than 60,000 members of the concrete and masonry community will gather in person from January 17th to January 20th to learn more about the newest… Read More »#WOC2022