Contractors need to make sure they have systems in place to properly implement the new lease accounting standard, and they should be discussing any changes to their financial statements with their lenders and surety underwriters.
Take Control of Your Equipment With Fleet Management
Equipment fleet management helps companies rise to the challenges of today’s construction environments where teams are required to maximize uptime and productivity. They provide a platform for companies to gain control and drive more value from their fleets by measuring equipment utilization and identifying ways to improve.
Leverage New Technology for Financial Growth
Now that there is real movement toward digitizing the construction industry, finance teams must determine how to coordinate it all for productivity gains and growth.
Three Myths About Starting a Small Construction Company
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.
Equipment Leasing and Finance Industry Confidence Eases Further in January
Overall, confidence in the equipment finance market eased further in January to 53.4, a decrease from the December index of 55.5, according to the Equipment Leasing and Finance Foundation's January 2019 Monthly Confidence Index for the Equipment Finance Industry.
New Year’s Budgeting: Why Emergency Preparedness Takes Priority
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.
Tax Changes to Impact Contractors’ Truck Procurement Strategies
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.
Minimal Startup Capital Common for Construction Entrepreneurs
Thirty-nine percent of construction and landscaping business owners said they started out with less than $5,000.










