Business

Ten Profit Enhancement Strategies to Boost the Bottom Line
Contractors that look only to reduce costs can lose out on opportunities to grow the business.
By Salvatore Schibell
November 14, 2022
Topics
Business
by Salvatore Schibell
Salvatore Schibell, CPA, CFP®, CGMA, MS Taxation, MBA, is the tax partner at Lawson, Rescinio, Schibell & Associates, P.C. One of his specialties is working with contractors to maximize profitability utilizing his certified global management, financial planning, and tax planning specialties. Sal is considered a leader in construction accounting and can be contacted at (732) 539-7328 or salschibell@lrscpa.com.
Related stories
Business

Despite Tariff Impacts, ABC Contractors’ Backlog and Profit Margin Expectations Improve in April
By ABC
Tariff volatility is proving a moot point in the face of optimistic contractors, according to the ABC Construction Backlog Indicator in May.
Business

DOL Pauses Enforcement of Biden’s 2024 Independent Contractor Rule
By ABC
ABC applauds the pause on the 2024 independent contractor final rule, which has posed confusion and time-consumption for construction companies and their workers.
Business

Nonresidential Construction Added Jobs in April Despite Headwinds
By ABC
Despite a slow in nonresidential construction spending, the sector added jobs in April.