Lean construction is about more than working faster. It is about working intentionally. Lean principles focus on reducing waste, improving workflow, and making better use of labor, materials, and equipment. For many construction businesses, the biggest benefit of lean thinking is that it does not require a complete…more
Tax changes rarely arrive all at once. Instead, they tend to layer over time, which is exactly what we are seeing as we move toward 2026. Several provisions from the One Big Beautiful Bill Act are already affecting 2025 tax returns that are currently being filed. At the…more
Unless you’re ready to deploy robots on your jobsites, artificial intelligence (AI) won’t be performing any actual construction work for you just yet. However, this burgeoning technology has plenty of other practical applications for contractors. Let’s explore four use cases for how AI may be able to…more
Many businesses offer health care and dependent care flexible spending accounts (FSAs) as part of their employee benefits package. These plans provide valuable tax savings to employees and payroll tax savings to employers. If your company operates a calendar-year FSA with a 2½-month grace period, employees have…more
Selling your construction business is likely one of the biggest financial moves you’ll ever make. And you’ll probably have only one opportunity to get it right. To maximize your return on investment, careful preparation is essential. Here are some best practices to help position your business for a…more
Was your company’s strategic plan a smashing success in 2021? Look carefully at these three areas of the business to answer this question and develop objectives for 2022.
Business owners, you may not have a crystal ball, but you can forecast cash flow. Here are four tips to consider.
Many small businesses are still feeling the pressure of the pandemic. If yours needs a loan, check out the SBA’s newly enhanced COVID-related EIDL program.
For any business large or small, strategic planning is no joke. Here are some best practices for holding meetings that produce exciting ideas for a profitable future.