Construction businesses must continuously grapple with the fluctuating costs of materials. Let’s explore some strategies for winning the fight.
Construction business owners: Prepare now for possible tax law changes
The Tax Cuts and Jobs Act (TCJA) was signed into law in 2017 and generally took effect at the start of 2018. It brought sweeping changes to various aspects of tax law for both individuals and businesses. But many of its provisions aren’t permanent. In fact, some of…more
Best practices for offsite construction project management
Construction projects don’t all look the same nowadays. One increasingly popular approach is offsite construction, and these jobs present distinctive project management challenges.
How construction businesses can better manage their money
Construction businesses face a number of distinctive challenges when it comes to financial management. Fortunately, there are also plenty of solutions to be found.
An overview of the percentage of completion accounting method for construction businesses
One of the many challenges of running a construction business is properly accounting for long-term projects. Here’s a look at one popular option: the percentage of completion method.
What contractors need to know about bonding capacity
Construction business owners: You’ve probably been urged to do everything you can to increase bonding capacity. Here’s a closer look at precisely what this means.
Strategic tax-planning Q&As for construction businesses
Most people, including construction business owners, feel a sense of relief when their taxes are filed. But contractors need to make tax planning a year-round activity. Here are some Q&As to consider.
Use proactive measures to manage materials and labor costs
Construction business owners: Are you doing everything you can to manage materials and labor costs in today’s inflationary environment? Here are some strategies to consider.
How construction companies can cope with the skilled labor shortage
Construction company owners: Are you tired of the skilled labor shortage? Unfortunately, the struggle goes on, but there are ways to manage.