CapitalPlus Construction Services Working Capital and Back Office Services Blog
Stay informed with valuable information on construction factoring, small business finances, risk management, lien compliance and contract compliance.
3 Ways to Meet Payroll When Cash Flow is a Problem
The last thing you want as a contractor is to lose employees because you’re unable to pay them in a timely manner. This can occur due to seasonal changes or when your construction company is in a growth and expansion phase. The best way to keep from losing employees...
Why Keep Your Work Site Neat and Tidy?
Have you ever walked up on a sloppy job site? What was your first impression? I bet even if you work in construction and understand it’s a messy business, your first reaction was "I hope their work is not as sloppy as their job site". So if someone who’s not in the...
Green Construction: More Than Just Using Solar Panels
Green construction is sometimes called ‘sustainable’ construction, but it goes far beyond just using solar panels. While that’s certainly one element, green construction is meant to significantly reduce, if not completely eliminate, the negative effects of...
Construction Safety During Deer Season
Construction occurs in areas other than metropolitan centers. With urban sprawl, construction is moving more and more to the “greenfields”, areas not previously developed. More than ever before, this puts more and more construction workers at risk of injury due to a...
To Subcontract or Not to Subcontract? This is the question…
Just about every business in every sector is faced with the decision and dilemma of using subcontractors to help deliver their product or service at some point. This is especially true in the construction world. In fact, in the construction world, there’s...
Dog Days of Summer – Signs of Heat Exhaustion on the Construction Site
In some areas of the country, July, August and even September can be very hot months. Construction workers are often susceptible to these extreme temperatures and can suffer a heat stroke, also called a sunstroke, if signs and symptoms go unnoticed or are not properly...
Never Underestimate the Power of Persistence!
Never underestimate the power of persistence! My office orchid stopped blooming in February, but I kept nurturing it. When I came into the office this Monday, I was thrilled to see it blooming again! Lesson learned: never give up, whether it’s an orchid or a business...
CapitalPlus Construction Services To Exhibit during Build Expo USA/Houston
CapitalPlus Construction Services, a leading provider of accounts receivable financing for the construction industry, announced that the company would be exhibiting at the Build Expo USA in Houston, August 14-15. Build Expo USA has been rated the #1 trade show for...
Factoring is a Good Solution…But Know What You’re Buying and Look for Hidden Fees
At some point, all business owners suffer from growing pains resulting in a cash flow shortage. Additionally, every company has clients who pay slower than the agreed-upon payment terms. This often results in vendors or suppliers breathing down your neck for payment....
5 Tips for Managing Cost on a Construction Project
Many factors can throw construction projects over budget. In order to avoid costly overages and wasted resources, it’s important to have detailed and accurate cost estimates and effective communication with all the parties involved. Realistic Costs At the start of a...
Congratulations to @Curt Powell on his promotion to Director of Sales effective July 1
FOR IMMEDIATE RELEASE CapitalPlus Construction Services Promotes Curt Powell to Director of SalesKnoxville, TN- June 25, 2019 - CapitalPlus Construction Services, a leading provider of accounts receivable financing for the construction industry, recently announced the...
To Bid or Not to Bid – That is the Question!
Companies need to win tenders to survive in the construction industry. However, the decision to bid or not to bid on a project should be made very carefully. As a general contractor, or owner of the construction business, you’re responsible for choosing the projects...