In the News

Copyright 2019
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 2019
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 2019

If you own commercial property, you're probably depreciating it over 39 years. That means that every year, you deduct 1/39th of the property's value (excluding land) from your taxes. Depending on the value of your property, you could generate a million dollars or more in depreciation deductions over the 39 years. 

Wouldn't you like to get your hands on some of the money sooner?

Copyright 2019
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 2019
As construction firms evolve, they quickly outgrow their first generation accounting software packages.
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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 2019
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 2019
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 2019
Buying another construction firm can be an attractive way to grow your company's revenue base.
Copyright 2019
Financial statements are a must-have for any organization. The balance sheet reveals how much its assets and liabilities are worth based on historic costs. The income statement tells investors and lenders how profitably and efficiently the company has performed during the accounting period. The statement of cash flows details sources and uses of cash from operating, investing and financing activities. All this is relevant information for company insiders, as well as for lenders, bonding companies and other stakeholders.

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