This problem is most acute in growing, medium-sized firms. When the business is small, thecontractor runs the entire business, including such details as signing the checks. They aretherefore close to the accounting side if only by virtue of paying the bills and having acontinuous knowledge of the bank balance. If borrowing is required, they are the one whoexplains it to the banker. Administrative needs are few. The small contractor may or may notkeep minutes of important meetings, confirm things in writing, or even reply to allcorrespondence received. The small contractor is in continuous communication with therelatively few players on their work in progress, and as a result, the impact on the business ofPage 20 of Schleifer’s Manual of Construction Business Practices, 2018poor paperwork and administration is reduced. As the company grows and the staff increases,administrative and accounting duties are often relegated to middle managers.