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News & Updates
Parametric insurance may suit some construction companies
Aug 20, 2024
|
Construction
Construction businesses are rightly advised to consider a wide array of insurance policies to guard against the financial ...
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Cash flow management fundamentals for construction businesses
Aug 6, 2024
|
Construction
Construction companies have always faced challenges when it comes to cash flow. The difficulty largely springs from the ...
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7 ways construction companies can address materials costs
Jul 24, 2024
|
Construction
Although the overall costs of construction materials nationwide have stabilized somewhat this year, many contractors still likely face ...
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How construction business owners can make succession planning easier
Jul 10, 2024
|
Construction
Creating a comprehensive and actionable succession plan is rarely easy for business owners. It’s certainly a challenge for ...
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Profit fade is a persistent threat to construction companies
Jun 25, 2024
|
Construction
“Don’t settle for second best!” Just about everyone has encountered this phrase in various commercials and ad campaigns ...
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Construction business owners: Prepare now for possible tax law changes
Jun 11, 2024
|
Construction
The Tax Cuts and Jobs Act (TCJA) was signed into law in 2017 and generally took effect at ...
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Construction companies should keep an eye on AI
May 28, 2024
|
Construction
Artificial intelligence (AI) has been receiving plenty of press coverage lately, some of it positive and some of ...
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Construction business owners: Avoid these two common accounting problems
May 14, 2024
|
Construction
For construction companies, accounting isn’t as simple as just balancing the books every month. Contractors tend to have ...
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Best practices for offsite construction project management
Apr 30, 2024
|
Construction
Under the offsite construction model, major building components or even entire modular structures are prefabricated in manufacturing facilities ...
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Insuring construction projects under a CCIP
Apr 16, 2024
|
Construction
Construction projects are inherently fraught with risk. That’s why having the right insurance in place is critical for ...
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How construction businesses can better manage their money
Apr 4, 2024
|
Construction
For construction businesses, financial management is notoriously complex. Contractors have to deal with the ebbs and flows of ...
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4 things contractors should know about smart buildings
Mar 20, 2024
|
Construction
Nowadays everything is “smart,” from phones to watches to appliances to, well, buildings. In a smart building, major ...
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