On-Site
Showing 17–32 of 242 results
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Becoming more capable at data capture
Fall 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 449
Abstract: Construction might not be as data driven as some other industries, but contractors still process plenty of information. That’s why “data capture” has become a critical yet often overlooked capability of construction companies. This article explains what data capture is and offers some tips on getting better at it.
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BABA guidance addresses infrastructure projects
Fall 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 544
Abstract: Earlier this year, the federal Office of Management and Budget published guidance regarding the implementation of the Build America, Buy America provisions of the Infrastructure Investment and Jobs Act. Construction companies intending to pursue federal infrastructure jobs should take note. This article summarizes some important points of the guidance, including key definitions, how materials must be sourced and the availability of waivers.
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Need better benefits? Look into a pooled employer retirement plan
Fall 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 670
Abstract: Just like any other type of business, construction companies typically need to offer a solid benefits package to keep up in the race for talent in today’s tight job market. However, the cash-flow strains common to the construction industry make this difficult. This article discusses the promise of a new type of retirement benefits plan: pooled employer plans, which are a variation on multiple employer plans.
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Act now to maximize depreciation-related tax breaks for 2022
Fall 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 922
Abstract: Current tax law allows two valuable depreciation-related deductions on purchases of equipment, tools, machinery and other assets essential to construction companies. But contractors will need to move fast to make the most of them. This article discusses the latest details on the Section 179 expensing election and bonus depreciation. A sidebar notes that, under some circumstances, construction companies might want to skip these tax breaks.
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6 ways to fortify your cybersecurity defenses
Summer 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 449
Abstract: Construction companies of any size are a prime target for cybercriminals. And recent events have only elevated the threat level. This article suggests six ways that contractors can fortify their defenses, including educating employees, keeping software updated and exploring the need for cybersecurity insurance.
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What is bonding capacity, really?
Summer 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 546
Abstract: Contractors are urged to manage their financials carefully to preserve and even increase their bonding capacities. But sometimes construction company owners lose sight of what really goes into bonding capacity. This article discusses the three Cs of bonding and suggests some ways to boost capacity.
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Proper accounting for change orders makes all the difference
Summer 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 638
Abstract: For contractors, change orders can be both disruptive and profitable. It all depends on how well a construction company manages the documentation and approval process. This article addresses the critical matter of properly handling change orders from an accounting perspective.
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No more drama – Build stability and value into your succession plan
Summer 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 938
Abstract: One need look no further than the hit TV show “Succession” to see how the lack of a succession plan can tear a family and business asunder. Although the show is obviously dramatized, the dangers of failing to think ahead about leadership change are anything but fictional for construction businesses. This article discusses several ways to preempt the drama and put a solid succession plan in place.
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Should you invest in custom software?
Spring 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 429
Abstract: Contractors are regularly urged to buy the latest and greatest high-tech solutions, but no software tool is perfect. Some construction business owners might consider engaging an outside firm to help them develop a customized software solution. This article explores some of the factors to consider when weighing the “buy vs. build” decision.
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Strategize to manage materials and labor costs
Spring 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 537
Abstract: The COVID-19 pandemic’s ongoing impact on supply chains and labor have made managing project costs increasingly difficult for construction companies. In today’s climate, getting supplies and people to jobsites when they’re needed calls for more planning. This article suggests various strategies to consider.
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A good idea: Buy-sell agreements
Spring 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 675
Abstract: Life comes at you fast. Any one of a wide variety of dire events could pose a major problem to any construction company with multiple owners. That’s why having a buy-sell agreement is a good idea. This article explores the valuation provision of such an agreement.
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Infrastructure projects – A review of bidding methods for federal contracts
Spring 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 906
Abstract: With the signing of the Infrastructure Investment and Jobs Act in late 2021, things are looking up for federal construction projects. For construction companies considering getting in on the action, the journey will begin as most jobs do: with a bid. This article reviews the two major bidding methods for federal contracts: sealed bidding and contracting by negotiation. A sidebar looks at some variations on these two methods.
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Survey says: It’s time for a digital transformation strategy
Winter 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 433
Abstract: A recent industry report found that 96% of contractors across the globe have a digital transformation strategy in place. Essentially, this means they’re transforming their businesses into “digital enterprises.” This article examines some key results from the report and discusses the importance of wise investment in integrated digital tools.
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9 common insurance policies for contractors
Winter 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 531
Abstract: Construction companies need insurance, but what kind? The answer depends on many factors, including the size and structure of the business and industry-specific hazards. To help contractors assess what they have and what they might need, this article reviews nine common insurance policies for construction businesses.
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Look into licensing before bidding out of state
Winter 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 661
Abstract: Construction companies that work near one or more state borders may eventually want or need to bid on out-of-state projects. Before they start figuring out how to get workers, equipment and supplies to the jobsite, contractors need to look into licensing. This article explores the requirements, process and paperwork involved.
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Construction accounting – The finer points of a classified balance sheet
Winter 2022
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 951
Abstract: Clear, accurate and properly created financial statements are critical for construction companies. Contractors can help themselves and their financial-statement users by creating a classified balance sheet. This article explores important accounting concepts related to classified balance sheets. A sidebar points out what sureties look for in a contractor’s financial statements.