Accounting

How the Right Financial Tools Can Benefit Construction Employees

From younger staff who need help paying down student loans to older staff thinking about retirement, taking a holistic approach to financial education and wellness can help employers provide the knowledge and resources to address employees' financial goals and plans.

New Survey Reveals Cash Flow Is a Constant Problem for Construction Companies

by Danielle Higley | Jun 22, 2018
Accounting | Business | Business Development | Finance

Nearly everything about working in construction is a challenge. The work is hard, the hours are long and just getting paid on time can be a struggle, according to a recent survey conducted by TSheets and zlien.

Digital Currencies Can Fill Gaps in Construction Spending

by Ellis Talton | Jun 21, 2018
Accounting | Business | Finance | Project Delivery

Digital currencies could mean pushing forward stalled projects and the ability for developers to target sustainable programs that have been sidelined under traditional funding structures.

Four Reasons Contractors Should Stop Mailing Paper Checks

by Vijay Balakrishnan | Jun 18, 2018
Accounting | Business | Finance | Human Resources

Here are four reasons why construction business owners are stepping away from the mailbox and moving toward safer, easier, cheaper and greener alternatives.

Commercial Construction Index Contrasts Lukewarm Spending With Optimistic Job Growth

by U.S. Chamber of Commerce | Jun 12, 2018
Accounting | Economy | Markets

A recent report found nonresidential construction spending in March, the most recent period for which construction data are available, declined 0.3 percent on a monthly basis and expanded by just 2.5 percent year-over-year on a seasonally adjusted, annualized basis.

Tangible Working Capital and Tangible Equity: What Do These Ratios Mean to Your Business?

Contractors and their CPAs and sureties should discuss and evaluate their tangible working capital, tangible equity and other relevant ratios on a regular basis. These discussions will lead to a clear understanding of their current scorecard, as well as create opportunities to plan for future needs.

Improve and Lower Project Bids

by Adam A. Canosa | May 14, 2018
Accounting | Business | Project Management

A significant aspect that contributes to uncertainty in construction is estimating how much profit the contractor is going to make when bidding on a new job. Without a complete understanding of costs, direct and indirect, contractors could be selling themselves short in a number of different ways when going into a new bid on a project.

LLC Versus Corporation: The Best Foundation for Your Construction Business

by Travis Crabtree | May 10, 2018
Accounting | Business | Business Development | Taxes

New tax cuts for corporations and LLCs make both business types attractive. Here's how to decide which one is best for your business.

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How the Right Financial Tools Can Benefit Construction Employees

New Survey Reveals Cash Flow Is a Constant Problem for Construction Companies

Digital Currencies Can Fill Gaps in Construction Spending

Four Reasons Contractors Should Stop Mailing Paper Checks

Commercial Construction Index Contrasts Lukewarm Spending With Optimistic Job Growth

Tangible Working Capital and Tangible Equity: What Do These Ratios Mean to Your Business?

Improve and Lower Project Bids

LLC Versus Corporation: The Best Foundation for Your Construction Business

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