Five Ways Contractors Can Lower Workers’ Compensation Costs
Lowering workers' comp rates can be as simple as five simple recordkeeping and paperwork reporting procedures.
The ‘B’ Word
When a contractor files for bankruptcy, subcontractors may file a mechanics’ lien, but a seemingly simple thing like an automatic bankruptcy stay can be complicated by applicable state law.
Secrets to Success for Construction Financing as the Capital Stack Shifts
The days of financing a construction project with 70 percent to 75 percent loan to cost, pricing in the low 200 basis-point-range over LIBOR and a 50 basis point commitment fee are gone, at least for the immediate future.
Six Options for Succession and Exit Planning
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
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
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
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
The IRS has increased the Flexible Spending Account dollar limit on employee salary reduction contributions to $2,650 for taxable years beginning in 2018.
