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Home » Topic » Business » Finance

Six Options for Succession and Exit Planning

by Michael McLin | Mar 2, 2018
Business | Finance

Many business owners know they need to make formal plans for a successor, but planning can easily take a backseat to the urgency of managing daily operations, people, equipment, credit, cash flow, business development and the next big project.

Supply-Chain Finance in Construction: Solving the Working Capital Challenge

by Mike Antis | Feb 20, 2018
Finance | Manufacturing | Technology

A growing number of general contractors are turning to supply chain financing (SCF) to provide faster and more predictable payments to subcontractors using third-party funding.

Automate the Entire Construction Loan Process

by Matt Johnner | Feb 20, 2018
Business | Contracts | Finance | Legal and Regulatory

Using technology to automate the post-close administration of construction loans is important, but now is the time to take automation a step further. Work with lenders using an automated payment stream tool to speed cycle times and payments, improve communication and focus on the important work at hand.

Leverage Cost Segregation for Significant Tax Deferrals

by Louis Guay | Jan 23, 2018
Accounting | Business | Finance | Taxes

Cost segregation can lead to significant tax deferrals, a boost in cash flow and an increase in capital immediately available for new projects—and the new tax law has made it even more valuable for a limited time.

IRS Increases Health FSA Limit for 2018

by Construction Executive | Dec 1, 2017
Business | Finance | Legal and Regulatory | Regulations | Safety | Total Human Health

The IRS has increased the Flexible Spending Account dollar limit on employee salary reduction contributions to $2,650 for taxable years beginning in 2018.

Improve Safety and the Bottom Line With Ergonomics

by Jacob Thomas | Nov 27, 2017
Business | Finance | OSHA | Safety | Total Human Health

The financial threat of musculoskeletal disorders is real for construction companies and should be mitigated. Employers need to implement proper ergonomics to reduce the risk of injury.

Talking the Talk: How Contractors Should Communicate With the Surety

by Todd A. Feuerman | Nov 3, 2017
Finance | Safety | Surety Bonding

Viewing the surety firm as a business partner rather than an adversary can be the difference between a successful contractor and an unsuccessful one.

Three Key Determining Factors to Surety Bond Approval

by Lee Spino | Nov 1, 2017
Finance | Safety | Surety Bonding

Understanding the underwriting process for a surety bond can help secure approval. Three determining factors are experience, financial strength and financial presentation.
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