8 ways to insulate your construction company against rising costs
Sky-high costs for labor and materials are still putting a chill on many construction companies’ profitability. Contractors, click here for eight ways you can protect yourself.
Articles by Bryan S. Eto
CPA, CCIFP, CFE, CGMA
Principal
Accounting & Assurance
Bryan Eto is a Principal of BeachFleischman, a member of the Accounting & Assurance Department, and Construction Industry Practice Leader. Mr. Eto has a diverse background and experience with financial statements, forecasts and projections, forensic accounting, and litigation support. He has been in public accounting since 1995.
Succession planning considerations for construction business owners
Construction business owners often leave one item unchecked on their personal punch lists: Create and maintain a succession plan. Here are some key points to make the task easier.
Prevent fraud at your construction company with a holistic approach
Fraud is an ever-present threat for construction businesses, both in the office and on jobsites. That’s why contractors must leave no stone unturned when trying to prevent it.
Is your construction company a C corporation? Beware of “unreasonable” compensation
If your construction business is a C corporation, take care that you and other owners aren’t compensated “unreasonably” by IRS standards. A recent court case demonstrates why.
5 change-order pitfalls construction companies should avoid
For construction companies, an efficient process for handling change orders can mean more revenue and stronger profitability. But there are a few things that can go wrong.
Reducing your construction company’s workers’ comp costs
Construction company owners: Are your workers’ comp costs seemingly out of control? Here are some ideas for regaining some power over your premiums.
Is your construction company at risk for employee misclassification?
Sometimes construction contractors use independent contractors for their projects. If your business does, be sure to manage the risk of employee misclassification.