NEws

Catch up on the latest news, information,
and insight from your team at JHM.

November 5, 2021
November 5, 2021
Entity Choice - Limited Partnerships and Limited Liability Companies

When two or more like-minded individuals decide to launch a construction company, a partnership is often the most...

Read Article
November 5, 2021
November 5, 2021
Assess the Risks Before Jumping Into an M&A Deal

Construction companies are no strangers to mergers and acquisitions (M&A). In fact, M&A transactions in the...

Read Article
November 5, 2021
November 5, 2021
8 Ways To Run a Leaner Construction Company

For years, contractors have been urged to explore and adapt “lean” practices originally pioneered in the...

Read Article
November 5, 2021
November 5, 2021
Bits, Bytes and Building: The Latest on BIM

The roots of building information modeling (BIM) lie in manufacturing and computer-aided drafting. Over the years...

Read Article
October 12, 2021
November 5, 2021
Work Opportunity Tax Credit Could Solve Two Problems

For contractors, the struggle to find skilled workers — and in some cases any workers at all — is real. It’s a long...

Read Article
October 12, 2021
October 12, 2021
A Holistic Approach to Fraud Prevention

Most experts would agree that the best way to minimize fraud at any company, including a construction business...

Read Article
October 12, 2021
October 12, 2021
5 Change Order Pitfalls To Avoid

Change orders can lengthen a project’s schedule and increase labor and material costs. Of course, they can also...

Read Article
October 12, 2021
October 12, 2021
Digitize Your Supply Chain To Better Manage Risk

Supply chains in the construction industry are often complex and difficult to manage. The bigger the project...

Read Article
July 19, 2021
October 12, 2021
2021 Tax Planning - Start Early by Reviewing Key ARPA Provisions

It may seem a little early but, with all that’s changed over the past year or so, now’s a good time for...

Read Article
July 19, 2021
July 19, 2021
Do You Know What Drives Your Company’s Value?

Certain aspects of a construction company will obviously raise or lower its value. These include the strength...

Read Article
July 19, 2021
July 19, 2021
EDR Bonds Help Ensure Everyone Gets Along

As you’re likely aware, some project owners require a contractor to acquire bonding to financially insure...

Read Article
July 19, 2021
July 19, 2021
3D Laser Scanning Poised To Electrify Construction Industry

The construction industry has been experiencing a digital transformation for a while now.

Read Article
May 19, 2021
July 19, 2021
The Research Credit - Get More From Innovation With This Tax Break

The IRS has reported that millions of businesses are likely eligible for the research credit, yet...

Read Article
May 19, 2021
May 19, 2021
Should You Partner Up With a PEO?

Your construction company no doubt excels at its stated purpose. Where you might struggle...

Read Article
May 19, 2021
May 19, 2021
The “Construction Manager As Constructor” Delivery Method

Design-bid-build and design-build are still the two most common project delivery methods in construction.

Read Article
May 19, 2021
May 19, 2021
4 Considerations When Assessing Your Accounting System

Construction accounting has always differed from that of other types of businesses because each project...

Read Article
March 1, 2021
May 19, 2021
The Ins and Outs of Cap Rate for Contractors

Many contractors build and build but never get to the easy part of construction: owning that well-built...

Read Article
March 1, 2021
April 5, 2021
Do you need a refresher on the latest details of the PPP?

It’s been about a year since the Paycheck Protection Program (PPP) was launched under the CARES Act...

Read Article
March 1, 2021
April 5, 2021
Managing an Offsite Construction Project

Given the events in the past year related to COVID-19, “offsite construction” appears to hold more promise than...

Read Article
March 1, 2021
April 5, 2021
6 Hot Trends in Construction Apps

In the construction business, most of the day-to-day action takes place on the jobsite. Thanks to mobile technology...

Read Article
January 19, 2021
April 5, 2021
Smart Budgeting Practices for Construction Companies

Most business owners would tell you that the only thing harder than setting a company budget is sticking to it...

Read Article
January 19, 2021
April 5, 2021
Let Profit Flourish, Not Fade Away

A gradual decline in expected gross profits over the course of a project is known as “profit fade.” It not only...

Read Article
January 19, 2021
April 5, 2021
Managing Backlog in an Uncertain Economy

When projects stalled across the country during the initial weeks of the COVID-19 pandemic — some indefinitely because..

Read Article
January 19, 2021
April 5, 2021
Parametric Insurance Seeks to Bridge Covid-19 Gap

The COVID-19 crisis has revealed a significant insurance protection gap in the construction industry (and others)...

Read Article
November 19, 2020
April 5, 2021
Consider reevaluating your tax plans based on the outcome of the presidential election

Now that Joe Biden has been projected as the winner of the presidential election by major news outlets,* you may wonder.

Read Article
November 19, 2020
April 5, 2021
Is it time to automate equipment warranty tracking?

Like it or not, staying on top of equipment warranty requirements and expiration dates is an important task in the...

Read Article
November 19, 2020
April 5, 2021
6 factors to evaluate before bidding on an infrastructure project

As of this writing, the construction industry continues to await passage of a federal infrastructure bill. Some...

Read Article
November 19, 2020
April 5, 2021
Heading off construction disputes at the pass

In the Old West, the best way to catch a bunch of outlaws hightailing out of town with their rucksacks full of loot...

Read Article
November 19, 2020
April 5, 2021
Construction accounting today - FASB addresses contract revenue recognition

Construction companies are well advised to follow Generally Accepted Accounting Principles (GAAP) when preparing...

Read Article
September 18, 2020
April 5, 2021
4 ways construction teams can work more remotely

Contractors can’t work from home, but they can benefit from technology that supports remote collaboration...

Read Article
September 18, 2020
April 5, 2021
Now’s a good time to re-evaluate employee benefits

In difficult economic times, cost-cutting becomes a necessity — and employee benefits are an easy target...

Read Article
September 18, 2020
April 5, 2021
Enhancing preconstruction to protect workers and the bottom line

The COVID-19 pandemic and resulting economic slowdown have made careful planning of every job essential...

Read Article
September 18, 2020
April 5, 2021
Year-end tax planning - Depreciation deductions remain viable

Like so many aspects of 2020, year-end tax planning will likely be different this year. Construction company owners...

Read Article
June 30, 2020
April 5, 2021
Remember the CARES Act as the year goes on

When the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law in late March 2020, it got...

Read Article
June 30, 2020
April 5, 2021
Risk Management 2.0 for construction companies

The novel coronavirus (COVID-19) pandemic has brought unprecedented challenges to the construction industry. We’ve...

Read Article
June 30, 2020
April 5, 2021
Could the critical path method improve your scheduling?

Contractors must deliver projects on schedule and within budget — or risk taking a loss. That’s why many of today’s...

Read Article
June 30, 2020
April 5, 2021
Succession planning: Planned liquidations have varying tax consequences

Succession planning has long been an important issue for contractors. Sadly, one of the many tragic effects of the...

Read Article
April 28, 2020
April 5, 2021
The best defense is a good account balance

When a severe delay hits a construction project, a contractor’s level of financial risk tends to skyrocket. If the...

Read Article
April 28, 2020
April 5, 2021
Don’t let accounts receivable fraud take what you’ve earned

Revenue coming into a business is an obvious temptation for a dishonest person. Picture the stacks of bills in the...

Read Article
April 28, 2020
April 5, 2021
Playing the name game with a DBA

Contractors often need to retool their branding to better represent their services or reach new customers...

Read Article
April 28, 2020
April 5, 2021
7 red flags of an impending jobsite accident

An unfortunate fact of life is that accidents can happen, especially in construction. The industry experienced a...

Read Article
March 20, 2020
April 5, 2021
Important JHM CPAS COVID-19 Announcements

We realize you’ve received many warnings on the Coronavirus (COVID-19) pandemic. We have reached the point where...

Read Article
March 17, 2020
April 5, 2021
A surgical approach - Sharpen your project accounting with activity-based costing

Activity-based costing is an accounting methodology that identifies activities and assigns a cost to each one based...

Read Article
March 17, 2020
April 5, 2021
Reviewing the finer points of the Section 199A tax deduction

It’s been over a year since the IRS issued final regulations regarding Internal Revenue Code Section 199A. This Code...

Read Article
March 17, 2020
April 5, 2021
Industry trends: Megaprojects are on the rise

They’re big, and they’re big business. Megaprojects — large-scale and often high-profile construction projects that...

Read Article
March 17, 2020
April 5, 2021
LEED isn’t the only green-building game in town

Mention “green building” and most contractors think of the U.S. Green Building Council’s Leadership in Energy and Env...

Read Article
January 23, 2020
April 5, 2021
10 New Year’s Resolutions for the Small Business Owner

The new year is a perfect time to re-evaluate your small or mid-sized business. In the past 30 years as a practicing...

Read Article
January 17, 2020
April 5, 2021
A symbiotic bond - How WIP reports relate to your financial statements

Construction work in progress (WIP) reports are too often ignored and less often fully understood. Your WIP reports...

Read Article
January 17, 2020
April 5, 2021
Viewing your lender as a business partner

It’s easy to get intimidated when applying for a business loan. You have the need; the bank has the money — how can...

Read Article
January 17, 2020
April 5, 2021
Walk the talk: Prioritizing company core values

Do your employees know your construction company’s core values? Are they (and you) applying these values to daily...

Read Article
January 17, 2020
April 5, 2021
4 ways AI is impacting the construction industry

Thanks in part to the Internet (of Things) and cloud computing, artificial intelligence (AI) has transitioned from...

Read Article
November 19, 2019
April 5, 2021
Construction Success Story - Contractor ponders the ROI of wearable technology

A contractor who specializes in building and renovating medical facilities loves his gadgets. Recently, he read an ar...

Read Article
November 19, 2019
April 5, 2021
4 reasons to review your business plan at year end

Nearly all construction companies began with a business plan — or should have. It’s the road map that outlines the co...

Read Article
November 19, 2019
April 5, 2021
Contain the creep by carefully managing project scope

No one likes a creep. When it comes to construction projects, one kind of creep to avoid is scope creep. This is when...

Read Article
November 19, 2019
April 5, 2021
General contractor focus - Be mindful about subcontractor retainage

Most construction projects succeed because of the strong relationships between the general contractor and subcontrac...

Read Article
October 10, 2019
April 5, 2021
Construction Success Story - Reluctant contractor looks for “likes” on social media

A high-end homebuilder in a growing suburban area had been slow to adapt to social media. She didn’t think much...

Read Article
October 10, 2019
April 5, 2021
Control job costs with smarter materials management

Managing project costs can get tricky — especially in today’s construction materials marketplace. Materials represent...

Read Article
October 10, 2019
April 5, 2021
A busy industry: M&A activity is hot in construction

The construction industry was busy last year — not only with the business of building, but also with mergers and...

Read Article
October 10, 2019
April 5, 2021
Year-end tax planning - Entity choice may evolve with your company

Construction companies are typically organized around the specific talents of a group of individuals. After all, the...

Read Article
August 13, 2019
April 5, 2021
JHM Certified Public Accountants Announces Internal Firm Promotions and New Staff Additions

JHM has added three new staff additions to the firm. Alex Hooper and MiKayla Lumpkin...

Read Article
July 8, 2019
April 5, 2021
Construction Success Story - Contractor looks out for everyone with a SEP-IRA

The owner of a small subcontracting company was feeling the squeeze. Some new competitors had sprung...

Read Article
July 8, 2019
April 5, 2021
How CRM software can help build business relationships

In construction, building relationships can be just as important as building structures. Project owners tend...

Read Article
July 8, 2019
April 5, 2021
Turning your surety’s frown upside-down

Bad luck and unforeseen circumstances can put any construction company in jeopardy of losing bonding capacity...

Read Article
July 8, 2019
April 5, 2021
Achieve true payroll enlightenment - Setting up automated accruals of benefits and insurance costs

For all types of companies, construction businesses included, payroll costs go far beyond compensation meted out...

Read Article
May 20, 2019
April 5, 2021
Construction Success Story - Cost-conscious contractor tries “print as a service”

A long-time general contractor in a densely populated urban area had managed to keep his old, clunky large-format...

Read Article
May 20, 2019
April 5, 2021
Recognize the typical schemes of subcontractor fraud

General contractors usually have good relationships with their subcontractors. But fraud happens in every industry...

Read Article
May 20, 2019
April 5, 2021
The design-build model: It’s still a thing

Under the design-build model, one entity performs the architecture, engineering and construction components of a...

Read Article
May 20, 2019
April 5, 2021
Tax law reform - Now’s a good time to rethink your accounting method

Although the Tax Cuts and Jobs Act (TCJA) was signed into law more than a year ago, its impact continues to...

Read Article
March 11, 2019
April 5, 2021
Construction Success - Story Homebuilder looks to up its telematics game

A construction company that specializes in building and servicing luxury residences bought into telematics early...

Read Article
March 11, 2019
April 5, 2021
4 reasons why construction companies fail

Construction is a risky business. Most contractors like to stay positive, but it can be productive from a strategic...

Read Article
March 11, 2019
April 5, 2021
Protecting your heavy equipment from jobsite theft

A full-size construction excavator can weigh upwards of 90 tons. That level of heft would seem to make it next to...

Read Article
March 11, 2019
April 5, 2021
Take a closer look - How to gain more control over workers’ comp costs

Paying for insurance is all part of the cost of being in the construction business. But that doesn’t mean contractors...

Read Article
February 20, 2019
April 5, 2021
Six ways BIM will impact the industry in 2019

Building information modeling (BIM) has been changing the landscape of construction for a significant period of time...

Read Article
February 20, 2019
April 5, 2021
Is it time for your business to embrace EAPs?

If your company doesn’t offer employee assistance plans (EAPs), consider some statistics...

Read Article
April 5, 2021
Applying Heinrich’s Law to Project Safety

It goes without saying that no contractor sets out to create an unsafe jobsite. Given the randomness of accidents...

Read Article
April 5, 2021
How to Maintain Your Construction Company’s Net Profits

A construction company may do many great things to operate profitably. But when expenses come due, suddenly its...

Read Article
October 15, 2018
April 5, 2021
New Law Could Be Taxing On Local Nonprofit Community

We are blessed to live in a city that has been described as one of the most philanthropic in the...

Read Article
Apr 5, 2021
Consider reevaluating your tax plans based on the outcome of the presidential election

Now that Joe Biden has been projected as the winner of the presidential election by major news outlets,* you may wonder.

Read Article
Apr 5, 2021
10 New Year’s Resolutions for the Small Business Owner

The new year is a perfect time to re-evaluate your small or mid-sized business. In the past 30 years as a practicing...

Read Article
Apr 5, 2021
10 New Year’s Resolutions for the Small Business Owner

The new year is a perfect time to re-evaluate your small or mid-sized business. In the past 30 years as a practicing...

Read Article
Apr 5, 2021
New Law Could Be Taxing On Local Nonprofit Community

We are blessed to live in a city that has been described as one of the most philanthropic in the...

Read Article
Apr 5, 2021
Important JHM CPAS COVID-19 Announcements

We realize you’ve received many warnings on the Coronavirus (COVID-19) pandemic. We have reached the point where...

Read Article
Apr 5, 2021
JHM Certified Public Accountants Announces Internal Firm Promotions and New Staff Additions

JHM has added three new staff additions to the firm. Alex Hooper and MiKayla Lumpkin...

Read Article
Nov 5, 2021
Entity Choice - Limited Partnerships and Limited Liability Companies

When two or more like-minded individuals decide to launch a construction company, a partnership is often the most...

Read Article
Nov 5, 2021
Assess the Risks Before Jumping Into an M&A Deal

Construction companies are no strangers to mergers and acquisitions (M&A). In fact, M&A transactions in the...

Read Article
Nov 5, 2021
8 Ways To Run a Leaner Construction Company

For years, contractors have been urged to explore and adapt “lean” practices originally pioneered in the...

Read Article
Nov 5, 2021
Bits, Bytes and Building: The Latest on BIM

The roots of building information modeling (BIM) lie in manufacturing and computer-aided drafting. Over the years...

Read Article
Nov 5, 2021
Work Opportunity Tax Credit Could Solve Two Problems

For contractors, the struggle to find skilled workers — and in some cases any workers at all — is real. It’s a long...

Read Article
Oct 12, 2021
A Holistic Approach to Fraud Prevention

Most experts would agree that the best way to minimize fraud at any company, including a construction business...

Read Article
Oct 12, 2021
5 Change Order Pitfalls To Avoid

Change orders can lengthen a project’s schedule and increase labor and material costs. Of course, they can also...

Read Article
Oct 12, 2021
Digitize Your Supply Chain To Better Manage Risk

Supply chains in the construction industry are often complex and difficult to manage. The bigger the project...

Read Article
Oct 12, 2021
2021 Tax Planning - Start Early by Reviewing Key ARPA Provisions

It may seem a little early but, with all that’s changed over the past year or so, now’s a good time for...

Read Article
Jul 19, 2021
Do You Know What Drives Your Company’s Value?

Certain aspects of a construction company will obviously raise or lower its value. These include the strength...

Read Article
Jul 19, 2021
EDR Bonds Help Ensure Everyone Gets Along

As you’re likely aware, some project owners require a contractor to acquire bonding to financially insure...

Read Article
Jul 19, 2021
3D Laser Scanning Poised To Electrify Construction Industry

The construction industry has been experiencing a digital transformation for a while now.

Read Article
Jul 19, 2021
The Research Credit - Get More From Innovation With This Tax Break

The IRS has reported that millions of businesses are likely eligible for the research credit, yet...

Read Article
May 19, 2021
Should You Partner Up With a PEO?

Your construction company no doubt excels at its stated purpose. Where you might struggle...

Read Article
May 19, 2021
The “Construction Manager As Constructor” Delivery Method

Design-bid-build and design-build are still the two most common project delivery methods in construction.

Read Article
May 19, 2021
4 Considerations When Assessing Your Accounting System

Construction accounting has always differed from that of other types of businesses because each project...

Read Article
May 19, 2021
The Ins and Outs of Cap Rate for Contractors

Many contractors build and build but never get to the easy part of construction: owning that well-built...

Read Article
Apr 5, 2021
Do you need a refresher on the latest details of the PPP?

It’s been about a year since the Paycheck Protection Program (PPP) was launched under the CARES Act...

Read Article
Apr 5, 2021
Managing an Offsite Construction Project

Given the events in the past year related to COVID-19, “offsite construction” appears to hold more promise than...

Read Article
Apr 5, 2021
6 Hot Trends in Construction Apps

In the construction business, most of the day-to-day action takes place on the jobsite. Thanks to mobile technology...

Read Article
Apr 5, 2021
Smart Budgeting Practices for Construction Companies

Most business owners would tell you that the only thing harder than setting a company budget is sticking to it...

Read Article
Apr 5, 2021
Let Profit Flourish, Not Fade Away

A gradual decline in expected gross profits over the course of a project is known as “profit fade.” It not only...

Read Article
Apr 5, 2021
Managing Backlog in an Uncertain Economy

When projects stalled across the country during the initial weeks of the COVID-19 pandemic — some indefinitely because..

Read Article
Apr 5, 2021
Parametric Insurance Seeks to Bridge Covid-19 Gap

The COVID-19 crisis has revealed a significant insurance protection gap in the construction industry (and others)...

Read Article
Apr 5, 2021
Is it time to automate equipment warranty tracking?

Like it or not, staying on top of equipment warranty requirements and expiration dates is an important task in the...

Read Article
Apr 5, 2021
6 factors to evaluate before bidding on an infrastructure project

As of this writing, the construction industry continues to await passage of a federal infrastructure bill. Some...

Read Article
Apr 5, 2021
Heading off construction disputes at the pass

In the Old West, the best way to catch a bunch of outlaws hightailing out of town with their rucksacks full of loot...

Read Article
Apr 5, 2021
Construction accounting today - FASB addresses contract revenue recognition

Construction companies are well advised to follow Generally Accepted Accounting Principles (GAAP) when preparing...

Read Article
Apr 5, 2021
4 ways construction teams can work more remotely

Contractors can’t work from home, but they can benefit from technology that supports remote collaboration...

Read Article
Apr 5, 2021
Now’s a good time to re-evaluate employee benefits

In difficult economic times, cost-cutting becomes a necessity — and employee benefits are an easy target...

Read Article
Apr 5, 2021
Enhancing preconstruction to protect workers and the bottom line

The COVID-19 pandemic and resulting economic slowdown have made careful planning of every job essential...

Read Article
Apr 5, 2021
Year-end tax planning - Depreciation deductions remain viable

Like so many aspects of 2020, year-end tax planning will likely be different this year. Construction company owners...

Read Article
Apr 5, 2021
Remember the CARES Act as the year goes on

When the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law in late March 2020, it got...

Read Article
Apr 5, 2021
Risk Management 2.0 for construction companies

The novel coronavirus (COVID-19) pandemic has brought unprecedented challenges to the construction industry. We’ve...

Read Article
Apr 5, 2021
Could the critical path method improve your scheduling?

Contractors must deliver projects on schedule and within budget — or risk taking a loss. That’s why many of today’s...

Read Article
Apr 5, 2021
Succession planning: Planned liquidations have varying tax consequences

Succession planning has long been an important issue for contractors. Sadly, one of the many tragic effects of the...

Read Article
Apr 5, 2021
The best defense is a good account balance

When a severe delay hits a construction project, a contractor’s level of financial risk tends to skyrocket. If the...

Read Article
Apr 5, 2021
Don’t let accounts receivable fraud take what you’ve earned

Revenue coming into a business is an obvious temptation for a dishonest person. Picture the stacks of bills in the...

Read Article
Apr 5, 2021
Playing the name game with a DBA

Contractors often need to retool their branding to better represent their services or reach new customers...

Read Article
Apr 5, 2021
7 red flags of an impending jobsite accident

An unfortunate fact of life is that accidents can happen, especially in construction. The industry experienced a...

Read Article
Apr 5, 2021
A surgical approach - Sharpen your project accounting with activity-based costing

Activity-based costing is an accounting methodology that identifies activities and assigns a cost to each one based...

Read Article
Apr 5, 2021
Reviewing the finer points of the Section 199A tax deduction

It’s been over a year since the IRS issued final regulations regarding Internal Revenue Code Section 199A. This Code...

Read Article
Apr 5, 2021
Industry trends: Megaprojects are on the rise

They’re big, and they’re big business. Megaprojects — large-scale and often high-profile construction projects that...

Read Article
Apr 5, 2021
LEED isn’t the only green-building game in town

Mention “green building” and most contractors think of the U.S. Green Building Council’s Leadership in Energy and Env...

Read Article
Apr 5, 2021
A symbiotic bond - How WIP reports relate to your financial statements

Construction work in progress (WIP) reports are too often ignored and less often fully understood. Your WIP reports...

Read Article
Apr 5, 2021
Viewing your lender as a business partner

It’s easy to get intimidated when applying for a business loan. You have the need; the bank has the money — how can...

Read Article
Apr 5, 2021
Walk the talk: Prioritizing company core values

Do your employees know your construction company’s core values? Are they (and you) applying these values to daily...

Read Article
Apr 5, 2021
4 ways AI is impacting the construction industry

Thanks in part to the Internet (of Things) and cloud computing, artificial intelligence (AI) has transitioned from...

Read Article
Apr 5, 2021
Construction Success Story - Contractor ponders the ROI of wearable technology

A contractor who specializes in building and renovating medical facilities loves his gadgets. Recently, he read an ar...

Read Article
Apr 5, 2021
4 reasons to review your business plan at year end

Nearly all construction companies began with a business plan — or should have. It’s the road map that outlines the co...

Read Article
Apr 5, 2021
Contain the creep by carefully managing project scope

No one likes a creep. When it comes to construction projects, one kind of creep to avoid is scope creep. This is when...

Read Article
Apr 5, 2021
General contractor focus - Be mindful about subcontractor retainage

Most construction projects succeed because of the strong relationships between the general contractor and subcontrac...

Read Article
Apr 5, 2021
Construction Success Story - Reluctant contractor looks for “likes” on social media

A high-end homebuilder in a growing suburban area had been slow to adapt to social media. She didn’t think much...

Read Article
Apr 5, 2021
Control job costs with smarter materials management

Managing project costs can get tricky — especially in today’s construction materials marketplace. Materials represent...

Read Article
Apr 5, 2021
A busy industry: M&A activity is hot in construction

The construction industry was busy last year — not only with the business of building, but also with mergers and...

Read Article
Apr 5, 2021
Year-end tax planning - Entity choice may evolve with your company

Construction companies are typically organized around the specific talents of a group of individuals. After all, the...

Read Article
Apr 5, 2021
Construction Success Story - Contractor looks out for everyone with a SEP-IRA

The owner of a small subcontracting company was feeling the squeeze. Some new competitors had sprung...

Read Article
Apr 5, 2021
How CRM software can help build business relationships

In construction, building relationships can be just as important as building structures. Project owners tend...

Read Article
Apr 5, 2021
Turning your surety’s frown upside-down

Bad luck and unforeseen circumstances can put any construction company in jeopardy of losing bonding capacity...

Read Article
Apr 5, 2021
Achieve true payroll enlightenment - Setting up automated accruals of benefits and insurance costs

For all types of companies, construction businesses included, payroll costs go far beyond compensation meted out...

Read Article
Apr 5, 2021
Construction Success Story - Cost-conscious contractor tries “print as a service”

A long-time general contractor in a densely populated urban area had managed to keep his old, clunky large-format...

Read Article
Apr 5, 2021
Recognize the typical schemes of subcontractor fraud

General contractors usually have good relationships with their subcontractors. But fraud happens in every industry...

Read Article
Apr 5, 2021
The design-build model: It’s still a thing

Under the design-build model, one entity performs the architecture, engineering and construction components of a...

Read Article
Apr 5, 2021
Tax law reform - Now’s a good time to rethink your accounting method

Although the Tax Cuts and Jobs Act (TCJA) was signed into law more than a year ago, its impact continues to...

Read Article
Apr 5, 2021
Construction Success - Story Homebuilder looks to up its telematics game

A construction company that specializes in building and servicing luxury residences bought into telematics early...

Read Article
Apr 5, 2021
4 reasons why construction companies fail

Construction is a risky business. Most contractors like to stay positive, but it can be productive from a strategic...

Read Article
Apr 5, 2021
Protecting your heavy equipment from jobsite theft

A full-size construction excavator can weigh upwards of 90 tons. That level of heft would seem to make it next to...

Read Article
Apr 5, 2021
Take a closer look - How to gain more control over workers’ comp costs

Paying for insurance is all part of the cost of being in the construction business. But that doesn’t mean contractors...

Read Article
Apr 5, 2021
Six ways BIM will impact the industry in 2019

Building information modeling (BIM) has been changing the landscape of construction for a significant period of time...

Read Article
Apr 5, 2021
Is it time for your business to embrace EAPs?

If your company doesn’t offer employee assistance plans (EAPs), consider some statistics...

Read Article
Apr 5, 2021
Applying Heinrich’s Law to Project Safety

It goes without saying that no contractor sets out to create an unsafe jobsite. Given the randomness of accidents...

Read Article
Apr 5, 2021
How to Maintain Your Construction Company’s Net Profits

A construction company may do many great things to operate profitably. But when expenses come due, suddenly its...

Read Article
Apr 5, 2021
10 New Year’s Resolutions for the Small Business Owner

The new year is a perfect time to re-evaluate your small or mid-sized business. In the past 30 years as a practicing...

Read Article
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Apr 5, 2021
10 New Year’s Resolutions for the Small Business Owner

The new year is a perfect time to re-evaluate your small or mid-sized business. In the past 30 years as a practicing...

Read Article