Finance

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much cash is available now, what the needs of the business are and how quickly the equipment being considered will be outdated.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.

Focus on Financial Protections Before the Economy Slows Down

by Robert Mercado, Christopher Sisk | Oct 30, 2019
Business | Business Development | Economy | Finance

The economy will inevitably begin to slow, given historical patterns. It is best practice for contractors to prepare for this eventuality and determine what actions can be taken now to secure the company for continued success.

The Business of Construction

Business

Workforce

Culture

Safety

Risk

Legal & Regulatory

Markets

Technology

Equipment

SECTIONS

TOP LISTS

MAGAZINE

RESOURCES

CONSTRUCTION EXECUTIVE

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

Focus on Financial Protections Before the Economy Slows Down

Related Content

Commercial Insurance Outlook: What to Expect in 2023

A Definitive Guide on Accounting for Construction Companies

Why Every Contractor Must Have Cash Flow Projection Reports

What Do Rising Interest Rates Mean for Construction Equipment Loans?

Invest in Qualified Opportunity Zones Through Qualified Opportunity Funds

Future-Proof Construction With Technology

Sections

Top Lists

Magazine

Resources

Construction Executive