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Today, we’re excited and proud to announce that Levelset has entered into a definitive agreement to be acquired by Procore. The combination will accelerate our joint vision of connecting project stakeholders together to make payments faster, improve cash flow, and change the cost of risk. Read the press release here. In today’s construction industry, projects that used to get done on a handshake are now buried in red tape, making payment hard and slow.  Burdensome…
Starting a contracting business in South Dakota is a big step. Just like those men on the side of Mt. Rushmore, it takes leadership and bravery. But, as a business owner, you’ll get to choose the types of projects you take and the customers you want to partner with. One area where you won’t have any say is South Dakota contractor license requirements.  But the beginning stages of building a business are hectic, and looking…
Our nation’s capital is a unique place when it comes to construction. First, most contracting businesses working within DC are actually from the neighboring states, not DC itself. Second, the rules and regulations that exist are very different from those states, so it can seem like an intimidating territory for expansion. For example, getting a DC contractor license or DC home improvement license each has unique requirements. But if you’re starting a business or trying…
If you’re considering starting a contracting business in New Hampshire, you’re probably looking forward to being your own boss. As a construction company owner, you’ll be able to choose the types of projects you take, which contracts you feel are best for your company, and the clients you want to work with. But you don’t have a choice when it comes to one area: New Hampshire contractor license requirements. Starting a business is a hectic…
The construction industry makes up a large portion of the US economy: over 6 percent of all employment, and 4 percent of the entire nation’s GDP. With one industry playing such a key role in the direction of the nation, it makes sense to take a look at ways to improve it. And bolstering construction productivity is one of the best ways to do so.  Construction productivity in the US has been on the decline…
Bellows is a full-service plumbing, heating, cooling, and electrical company providing high-quality maintenance and installation for homes and businesses throughout the San Francisco Bay Area. They’ve grown extremely fast because of their stellar reputation and their speediness in responding to customer calls.  “We provide a high level of service to our customers. We’ve done the work on time, so we expect payment on time,” says Chelsea Schlunt, one of the company’s co-founders and owners.  To…
Contrary to what you might have heard, federal government construction jobs can be fairly lucrative for contractors and subcontractors. And with the upcoming passing of new federal infrastructure funding, lots of federal projects will be coming down the pipeline soon. It pays to be ready to bid on these projects when they come to your neighborhood. What are government contracts? A government contract is an agreement to provide products or services to the US…
Bidding and winning government construction contracts is different than in the private sector: There’s more room for negotiation in a private sector contract than there is in a government contract. That being said, sometimes you may find yourself negotiating with a government entity. Whether it’s for a change order or a contract for construction work, being prepared is the best way to negotiate a fair deal for both sides. How government contracts are different from…
Starting a contracting business in Wyoming is an exciting time. Once you own a business, you’ll be able to make your own hours, choose your clients, specialize in certain types of projects, and just generally steer the ship. While most things are up to you, there is at least one area where you won’t get to call the shots: Wyoming contractor licensing requirements. But Wyoming contractor licensing can be confusing. And if you’re starting a…
As much of the United States emerges from the shadow of COVID-19, many individuals and firms are beginning to see a return to normal operations. Some businesses, however, continue to experience financial performance below pre-pandemic levels. These companies may be able to get help from the Employee Retention Credit (ERC), established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and later modified by the Taxpayer Certainty and Disaster Tax Relief Act of…