The Work Opportunity Tax Credit can lower your construction company’s tax bill dollar-for-dollar. Here’s a simple overview of how it works.
Placing a high value on a construction business valuation
Getting a business valuation for your construction company might seem necessary only if you want to sell it. But the truth is there are many valid reasons to obtain one.
Ensure your construction accounting system has the right features
Construction company owners: Is your accounting system good or merely good enough? Make sure it has these key features.
Tax-saving fundamentals for construction companies
It might seem like “tax time” is just about over, but contractors should keep some things in mind all year long.
Are you staying ahead of your construction company’s backlog?
Generally, a construction business with a healthy backlog is working from a position of financial strength. That’s why contractors need to monitor backlog carefully.
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.
3 numbers to know: costs, markup, and profit
“Let’s pretend we’re in business to make money,” goes an old, sarcastic joke. Construction companies can build their bottom lines by mastering three key profit numbers.
Don’t let profit fade dim your hopes for a good year
Construction companies face multiple adversities on any given job that can lower profitability. That’s why it’s important to shine a light on profit fade.
Tackling time-tracking troubles
Construction company owners: Are you losing ground to errors and confusion regarding the tracking of labor hours? Here are some ways to hold the line.
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.
