In the News

Copyright 2021
As an employer, you want effective job managers who think on their feet. By the same token, your foremen want to please you because you're the one who pays them each week.
Copyright 2021
Creating a formal debt management plan, rather than borrowing haphazardly, can save your firm thousands or even tens of thousands of dollars in interest.
Copyright 2021
When business starts to increase, it's time to dig in your heels a little deeper to turn your firm's revenue growth into an upward trend — rather than just a good month. Buying or renting a larger facility can help.
Copyright 2021
The term "stormwater" refers to any runoff after rain or snow from a barren piece of land, an area with vegetation, or constructed areas such as paved streets and rooftops. Stormwater discharges can contain pollutants in large enough quantities to contaminate a water supply. If a construction project will disturb one or more acres, you may be required to obtain a stormwater permit under the federal Clean Water Act. Even if a project will disturb less than one acre, you may need a stormwater permit if it is part of a larger development plan.
Copyright 2021
Acquiring or increasing your firm's bonding capacity can open a whole new market of jobs. It can allow you to take on a multitude of public works projects or larger, more profitable, higher-profile private jobs that require a more hearty bonding capacity than what you, or your agent, are used to.
Copyright 2021
As construction firms evolve, they quickly outgrow their first generation accounting software packages.
Copyright 2021
General contractors for big-budget construction projects look for ways to manage risks, including the possibility that subcontractors won't perform the work they were hired to do.
Copyright 2021
Sooner or later, most construction firms need financing for an expansion, new equipment or a new facility. The process of approaching a lender can be daunting, but with a few well-planned steps, you can boost your chances of successfully finding the money you need.
Copyright 2021
Let's say you're an electrical contractor. One of your employees bumps into an unoccupied scaffold on a construction site and destabilizes it. Which actions should you take to ensure the safety of workers and avoid liability?
Copyright 2021
Buying another construction firm can be an attractive way to grow your company's revenue base. A merger or an acquisition can allow you to: •Add a new subcontracting specialty, •Acquire an experienced labor force to reach new markets, and •Deepen your penetration into the market your firm already serves.

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