The effects of the COVID-19 pandemic have been unprecedented and far-reaching. Nearly every industry across the world has been impacted in some ways forcing market slowdowns and, in some cases, complete business closures. It’s an unprecedented economic crisis – more...
Most industries came to a halt last year when the pandemic shut down businesses around the world. When manufacturers adjusted operations, taking necessary precautions to protect employees, it created a ripple effect of shortages in other areas, including lumbar, tile,...
Have you ever started a project, only to realize that you’re short cash to pay for the supplies until your last project pays out? Or, you’re having to move funds from your personal account to cover payroll until the contract money comes in? Effectively managing cash...
Job costing is the backbone of any construction project’s profitability, and how well you manage this process can make or break the bank on a project. However, construction companies often struggle to properly job cost and manage this area due to the unique nature of...
The 2020-2021 tax season is unprecedented for many reasons, and it’s forcing many business owners to take a closer look at their tax situation with their CPAs to ensure all available opportunities are optimized. Much is still up-in-the-air when it comes to...
The COVID-19 pandemic continues to hold a firm grip on the marketplace, and many businesses are beginning to feel the COVID fatigue. As the complications from the pandemic continue well into 2021 for both contractors and their clients, construction firms will want to...
Construction firms preparing for 2021 will want to be aware of potential challenges in the industry and ways to manage their cash flow in the face of those challenges.
All PPP borrowers with loans of $2 million and above will need to fill out a PPP necessity form. For contractors, there are some specific considerations you should be aware of.
The construction industry has experienced an ideal business transition environment over the last decade but was hit hard by the COVID-19 pandemic in early 2020. Suddenly, all the growth and opportunity for M&A came to a halt as markets slowed and states went into...
The effects of the COVID-19 pandemic have been unprecedented and far-reaching. Nearly every industry across the world has been impacted in some ways forcing market slowdowns and, in some cases, complete business closures. It’s an unprecedented economic crisis – more...