11.13.23
Ten Ways Construction Companies Can Tighten Up Their Estimates
Accurate estimates are at the heart of every construction company’s financial success. They provide your team with a foundation to create project budgets, control costs,…
11.13.23
Beware of Tax Surprises When Selling Equipment or Vehicles
Many construction businesses find themselves with equipment or vehicles they no longer need. If you’re thinking about selling or trading in such assets, be sure…
11.6.23
New per Diem Business Travel Rates Kicked In on October 1
Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that goes into reviewing business…
10.26.23
The Importance of Cybersecurity in Manufacturing
While manufacturers may not always sell directly to consumers, that doesn’t mean they are not at risk of a cyberattack. In fact, the risk of…
10.26.23
Knowing Your Financing Options for Purchasing Construction Equipment
When it comes to purchasing new construction equipment, one of the most important factors to consider is the financing option that works best for your…
10.25.23
Conflict-Of-Interest Policies Prevent Misunderstandings and Fraud
Small businesses generally operate on principles of trust, particularly if several family members are involved. You might trust your employee to lock up the office…
10.25.23
Is It a Good Time To Acquire a Business?
This year has seen continued financial concerns about inflation, rising interest rates and skilled labor shortages. While some manufacturers have struggled, others have been moving…
10.25.23
Manufacturers: If You Qualify, Be Sure You’re Taking Maximum Advantage of the Section 199A Deduction
Manufacturing company owners who value personal asset protection from creditors typically operate their businesses as C corporations. However, in recent years, some owners have switched…
10.25.23
What Contractors Need To Know About Bonding Capacity
Construction companies are required to obtain surety bonds on many types of projects — particularly those that are publicly funded. The bonds essentially guarantee that…
10.25.23
What Construction Businesses With Inventory Should Know About Section 263A
Section 263A is an often misunderstood and misapplied part of the Internal Revenue Code. And it’s one that many construction businesses — particularly homebuilders —…