Blog

Job costing in a construction joint venture can be challenging due to the complex organizational structure, multiple contracts, changing scope of work, differences in accounting practices, limited access to information, and a lack of trust between the partners.

A construction JV can be a valuable way for businesses to collaborate on construction projects and achieve mutually beneficial outcomes.

Crossing state lines for a construction project under a JV can present a number of challenges and issues that must be carefully managed to ensure the project’s success.

There are several unique accounting considerations that need to be taken into account to ensure the financial success and stability of the joint venture.

There are several critical concerns that construction joint ventures should keep in mind when it comes to financial reporting.

As a construction joint venture, it’s vital to prioritize profitability to ensure your business’s financial success. One way to do this is by implementing Profit First.