With long project times, sizable material orders, and upfront labor costs, the construction industry often faces a variety of financial challenges. Below are some of the top financial challenges and mistakes we see construction companies facing. 1 – Doing Work Without Documentation One common financial mistake construction companies make is doing additional or changed work […]
Nearly every business requires supplies and services. To keep your company moving forward smoothly and to ensure optimum profitability, you need to find vendors who are trustworthy, consistent, and correctly priced. An ideal vendor is more than just a supplier; they are a partner who can help you through the financial ups and downs of[…..]
Whether you’re just starting a business, or have been operating for a while, building a budget is one of the best ways to set yourself up for long-term financial success. Budgets allow you to plan for the future, identify opportunities to streamline or grow your business and ensure that you can invest in your business[…..]
Even before the pandemic, we were a remote team (hence the ‘virtual’ in Virtual CFO!). Our team has needed good remote working strategies in place, right from the get-go. So we’re well versed in both the challenges and benefits of working from home. Time management techniques for working from home all have to do with[…..]