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Financial statements show not only where a construction company stands financially, but also where it may be headed. Contractors who work with their financial advisors to analyze their statements can often catch problems early on — before they turn into bigger issues. Here are...

Construction is a risky business with typically slim profit margins. Most contracts, as well as simple common sense, dictate that contractors carry various forms of business insurance. Still, there’s no reason to pay unnecessarily high premiums just to obtain adequate coverage....

There’s finally good news for the residential housing market: The U.S. Commerce Department recently announced that new residential construction surged in April to its highest level in more than seven years in the United States. Although homebuilding revenue remains well...