Finance

Equipment Rental Revenue Forecast to Outpace Economic Growth

The equipment and event rental industry in North America is expected to finish the year with total revenue up 5.35% to $61.56 billion, the first time combined rental revenue for Canada and the United States has surpassed $60 billion, according to a recent forecast released by the ARA.

Considerations When Balancing Strong Financial Statements and Tax Savings

by Robert Mercado, Taryn Smith | Dec 15, 2019
Accounting | Business | Finance | Taxes

Often, the primary focus for year-end is the tax liability based on the company’s annual earnings. However, sometimes the requirements for financial reporting purposes conflict with expectations regarding taxable income. Planning for this is essential.

Manage Direct and Indirect Job Costs to Improve Profit Margins

by Donald J. Kaiser | Nov 29, 2019
Accounting | Business | Finance

Every project has direct and indirect costs. Direct costs include material, labor, equipment and subcontractor costs. Indirect costs include project and and general overhead.

Find Success Through Fintech Investments

by Farhan Ahmad | Nov 28, 2019
Business | Business Development | Finance

New developments in financial technology are leading to more tools that help simplify work for construction employees in the field and the office.

Improve Profit Margins With Technology

by Holly Welles | Nov 16, 2019
Artificial Intelligence | Business | Finance

For business owners who want a way to expand their profit margins, adopting new technology might be the key. Here are a few ways contractors can leverage technology to improve profits.

Maintain a Healthy Balance Sheet for Financial Security

by Michelle Johnson, Robert Mercado | Nov 13, 2019
Accounting | Business | Finance

With proper planning and a thorough understanding of how particular items should be reported, and the subsequent impact of each, a company can be confident in having financial statements that reflect its financial health.

Equipment Leasing Versus Financing: Which One Is Right for Your Business?

The right choice between an equipment lease or an equipment loan depends entirely on contractors’ business situations. The main things to consider are how much cash is available now, what the needs of the business are and how quickly the equipment being considered will be outdated.

Get Ready! There’s a Train A-Comin’—the New Lease Accounting Standard

Accountants are starting to see presentation and disclosures on the new lease standard for public company interim financial statements as of their March 31, 2019, quarterly reporting.

The Business of Construction

Business

Workforce

Culture

Safety

Risk

Legal & Regulatory

Markets

Technology

Equipment

SECTIONS

TOP LISTS

MAGAZINE

RESOURCES

CONSTRUCTION EXECUTIVE

Equipment Rental Revenue Forecast to Outpace Economic Growth

Considerations When Balancing Strong Financial Statements and Tax Savings

Manage Direct and Indirect Job Costs to Improve Profit Margins

Find Success Through Fintech Investments

Improve Profit Margins With Technology

Maintain a Healthy Balance Sheet for Financial Security

Equipment Leasing Versus Financing: Which One Is Right for Your Business?

Get Ready! There’s a Train A-Comin’—the New Lease Accounting Standard

Related Content

Nonresidential Construction Spending Falls Sharply in July

Nonresidential Construction Spending Contracts in Six of Past Seven Months

Nonresidential Construction Spending Down 0.2% in May

Why Construction Relationships Need a Trust Thermostat

Construction Futures: May 2025 Economic Roundup

Executive Insights 2025: Leaders in Construction Financial Management

Sections

Top Lists

Magazine

Resources

Construction Executive