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Category: Planning

Proper Accounting For Change Orders Makes All The Difference

Posted on June 15, 2022June 15, 2022

If there’s any aspect of the construction business that gives you mixed feelings, it’s probably the humble —  or in some cases not-so-humble — change order. On the one hand, […]

Posted in Planning, Project Management, Small Business

NO MORE DRAMA: Build stability and value into your succession plan

Posted on June 14, 2022June 15, 2022

You need look no further than the hit TV show “Succession” to see how lack of a clear succession plan can tear a family — and business — asunder. Although […]

Posted in Planning, Small Business, Succession

What Is Bonding Capacity, Really?

Posted on June 13, 2022June 15, 2022

Many construction companies rely on their ability to procure surety bonds to win projects. Owners of those jobs — government agencies in particular — often require bonding to guarantee that […]

Posted in Construction, Planning, Small Business

6 Ways To Fortify Your  Cybersecurity Defenses

Posted on June 12, 2022June 15, 2022

Small to midsize businesses might assume hackers won’t bother with them. But construction companies of any size are indeed a prime target for cybercriminals. In fact, construction was the top […]

Posted in Cyber Security, Internal Control, Planning, Risk Assessment, Small Business

Tax considerations when adding a new partner at your business

Posted on May 19, 2022May 19, 2022

Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to admit a new partner. The new partner will […]

Posted in Financials, HR, Internal Control, Partnership, Planning, Reporting, Small BusinessTagged Adding parters

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The articles in this blog are published with the understanding that the authors are not rendering legal, accounting or other professional advice or opinions on specific facts or matters, and, accordingly, assume no liability whatsoever in connection with its use.

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