Blogs

Managing the Construction Industry Scheme (CIS) is already a task in itself, but when you’ve got 20 or more subcontractors on your books, things can quickly spiral into a compliance and admin nightmare.

Accurately tracking project costs is essential for construction companies aiming to stay profitable and manage cash flow effectively. Without a clear view of where money is going, it’s all too easy to end up with unexpected expenses and shrinking profit margins.

Managing cash flow is one of the most significant challenges construction businesses face. The very nature of the industry with its large projects, delayed payments, and substantial upfront costs makes effective cash flow management not just beneficial but essential.

If you’re running a construction business, here’s something you need to know: Your competitors are already figuring out their gross margin and understanding exactly what it says about their business.

If you’re running a construction company, you know how tough it can be to stay profitable. The construction industry is a brutal game of tight margins, unpredictable cash flow, and rising costs. But here’s the thing: Your accounts aren’t just a bunch of numbers your accountant hands over once a year. They’re packed with valuable insights that can help you keep more money in your pocket, if you know where to look.

The construction industry has always been a tough place to make money, but right now, it’s even harder. Rising material costs, labour shortages, unpredictable cash flow, and growing competition mean that keeping your margins intact is more important than ever.

Not all accountants are bad, but if you’ve had a bad experience, we get why you might think that. Here’s how you can spot the good from the bad:

When you set up your business things were relatively simple. No employees, hardly any transactions, no one to answer to.

A recent testimonial from Billy Chambers, Managing Director of City M&E Ltd.