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Home » Topic » Business » Accounting

Three Myths About Starting a Small Construction Company

by Aditya Narula | Feb 14, 2019
Accounting | Business | Business Development | Finance

A recent survey found the majority of successful entrepreneurs got started with little cash and short run rates, and it demystified the common cash flow obstacles many aspiring entrepreneurs perceive as reasons to not start a business.

New Year’s Budgeting: Why Emergency Preparedness Takes Priority

by Chad Kennedy | Feb 8, 2019
Accounting | Business | Finance | OSHA | Safety

Extreme weather events can cause extensive damage. A weather mitigation plan can ensure the safety and security of commercial buildings and the people within them—particularly when it comes to electrical systems.

How Technology Can Help Construction Finance Professionals

by Jason Krankota | Feb 4, 2019
Accounting | Risk Management | Technology

CFOs can partner with IT teams to modernize their back-office systems and prepare to handle a flood of data from the field as paper processes become digital.

Five Questions New Contractors Should Ask to Determine the Right Business Classification

by Tab Burkhalter | Jan 21, 2019
Accounting | Business | Business Development

Laying the foundation for a new construction business is imperative for its long-term success. Asking the right questions will ensure fewer change orders and complications.

Tax Changes to Impact Contractors’ Truck Procurement Strategies

by Brian Holland | Jan 14, 2019
Accounting | Business Development | Equipment | Finance | Fleet Management

Organizations must be cognizant of tax changes because the way they procure their equipment can significantly impact their overall business, bottom line and financial performance.

Harness the Power of Integration

by Annalisa Enrile, Oliver Ritchie | Jan 3, 2019
Accounting | Business | Business Development

Efficiencies gained through integrations facilitate growth without increasing spend. As software continues to evolve, being able to partner will enable synergistic advancement of technology in the construction industry.

How the Tax Cuts and Jobs Act Will Impact Construction Contractors

by Alan Clark | Dec 17, 2018
Accounting | Business | Business Development | Legal and Regulatory | Legislation | Taxes

The new tax law has a special calculation based on 20 percent of business income, with some limitations. Now is the time to structure out the limitations.

The Benefits of Cloud Accounting Can Outweigh the Cost

by Donald J. Kaiser | Dec 10, 2018
Accounting | Business | Business Development

As with any decision, contractors need to weigh the costs versus the benefits of investing in a cloud-based accounting program. The bottom line is contractors must base the decision on their current and future needs.
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