Construction company owners are great at completing projects, but many struggle to properly build a succession plan. Even if your retirement is decades away, it...
Prevent Fraud at Your Construction Company With a Holistic Approach
Nov 30, 2022Most experts would agree that the best way to minimize fraud at any company, including a construction business, is to take a holistic approach. As the owner, yo...
9 Cash-Flow Management Tips for Construction Companies
Jun 18, 2025Construction business owners know that cash is king. However, managing cash flow in an industry known for its ebbs and flows isn’t easy. And when you thro...
Manage Your Construction Business … and Your Wealth
Sep 14, 2022Many contractors prioritize business financial management over personal wealth management. It’s an easy trap to fall into given how competitive the constr...
5 Common Billing Methods in the Construction Industry
Aug 18, 2022Your neighborhood ice cream shoppe no doubt operates under a simple fixed price, point-of-sale billing method. Construction companies don’t have it so eas...
Reviewing Revenue Recognition for Construction Companies
Jul 20, 2022While many businesses handle sales in a single transaction, construction contracts often cover months or even years and include multiple payments. As you’...
Could the Work Opportunity Tax Credit Help Your Construction Company?
Jun 23, 2022The construction industry has been facing a labor shortage for years. Although there are various ways to tackle the challenge, one approach to keep in mind is e...
3 Ways Your CPA Firm Can Facilitate Your Strategic Growth Planning
Jun 21, 2025While there is a perception that accounting firms spend all their time looking in the rearview mirror to prepare taxes and financial statements, the right accou...
Ensure Your Construction Accounting System Has the Right Features
May 12, 2022Construction accounting is distinctively complex. Unlike other businesses that rely heavily on a general ledger to track finances, construction companies need t...
3 Numbers To Know: Costs, Markup & Profit
Apr 01, 2022Running a successful construction company calls for more than just winning bids and doing great work. To get ahead and make money, you need to carefully track y...