2.3.25
Digital Transformation Is for Construction Businesses Too
It may sound like something out of a blockbuster science fiction movie: digital transformation. Yet, it’s a very real trend in many industries, including construction.…
2.3.25
Lock Down Financial Assets With the Right Controls
You’ve put up a fence around the jobsite. Your heavy equipment is turned off, and the keys are stored securely. Your materials are tied down…
1.27.25
Forms W-2 and 1099-Nec Are Due To Be Filed Soon
With the 2025 tax filing season underway, be aware that the deadline is coming up fast for businesses to submit certain information returns to the…
1.21.25
New York State Department of Labor Contractor Registry – What You Need To Know
A new law in New York that took effect December 30, 2024, will directly affect the bidding process for many contractors and subcontractors. All contractors…
1.21.25
Protecting Your Construction Business From Ransomware
Construction businesses are an attractive target for ransomware attacks. In fact, according to a recent study by NordLocker, a developer of encryption software, the construction…
1.21.25
The Contractor’s Role in Life-Cycle Cost Analysis
When project owners invest in construction jobs, they invariably look for long-term value. Whether road, residence or commercial real estate, the final deliverable needs to…
1.21.25
Exit Strategy: ESOPs for Construction Companies
Contractors often struggle to find suitable buyers for their companies when they’re ready to retire or otherwise move on. That may be why many construction…
1.21.25
Segmented Income Statements Can Help Enhance Profitability
Most manufacturers issue companywide income statements. But have you considered digging a little deeper into your numbers with a segmented income statement? If properly designed,…
1.21.25
Manufacturers: Are You Conducting Productive Employee Reviews?
Conducting effective performance reviews can be challenging. They require significant management effort, and there’s potential for conflict if an employee disagrees with the assessment. However,…
1.21.25
Four Signs That Your Budget Is Unreliable
You’ve likely already begun your manufacturing company’s 2025 budget planning. A comprehensive, realistic budget allows you to identify potential cash shortages, production capacity constraints and…