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Showing 17–32 of 362 results

  • Survey says: It’s time for a digital transformation strategy

    January / February 2022
    Newsletter: Contractor

    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

    January / February 2022
    Newsletter: Contractor

    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

    January / February 2022
    Newsletter: Contractor

    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

    January / February 2022
    Newsletter: Contractor

    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.

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  • Bits, bytes and building: The latest on BIM

    November / December 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 441

    Abstract: Over the years, building information modeling (BIM) has transitioned from a desktop design tool for architects to a valued collaboration tool among all stakeholders in a construction project, including contractors. This article explores three current uses of BIM: remote collaboration, virtual walkthroughs and digital twinning.

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  • 8 ways to run a leaner construction company

    November / December 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 537

    Abstract: For years, contractors have been urged to explore and adapt “lean” practices originally pioneered in the manufacturing sector. The challenge and benefits of doing so remain. This article suggests eight ways to run a leaner construction company, including improving inventory management and preventing overproduction.

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  • Assess the risks before jumping into an M&A deal

    November / December 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 679

    Abstract: Construction companies are no strangers to mergers and acquisitions (M&A). However, contractors must assess the risks carefully before jumping into such an arrangement. This article explores some of the risks to consider, including cultural factors and financial details.

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  • Entity choice – Limited partnerships and limited liability companies

    November / December 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 935

    Abstract: Working in the construction industry involves a high degree of inherent risk. For this reason, many contractors look to either a limited partnership or limited liability company as a business structure. This article examines both entity choices with a focus on tax impact. A sidebar suggests what general partners in a limited partnership can do to minimize debt liability.

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  • Digitize your supply chain to better manage risk

    September / October 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 439

    Abstract: Supply chains in the construction industry are often complex and difficult to manage. That’s why more contractors are digitizing their supply chains to improve oversight, increase efficiency and manage risk. This article explores the functionality and benefits of supply chain software and supply chain risk management software.

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  • 5 change order pitfalls to avoid

    September / October 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 531

    Abstract: Change orders can mean a more profitable job if the change in question is approved and paid for. When the process doesn’t go smoothly, however, a contractor risks not getting paid on time — or at all — for the extra work. This article discusses five common change order pitfalls to avoid.

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  • A holistic approach to fraud prevention

    September / October 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 647

    Abstract: Construction business owners must set the tone at the top regarding a zero-tolerance, fully vigilant approach to stopping fraud. They need to permeate their organizational cultures with strong values, ethics and controls. This article discusses how contractors can take a holistic approach to fraud prevention by identifying risk, building the right defenses and allocating resources wisely.

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  • Year-end tax planning – Work Opportunity Tax Credit could solve two problems

    September / October 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 921

    Abstract: For contractors, the struggle to find skilled workers is real. One way construction companies can widen their hiring pools while potentially qualifying for a valuable tax break is to complete the eligibility requirements for the Work Opportunity Tax Credit. This article discusses the rules and calculations involved. A sidebar suggests other ways to mitigate the skilled labor shortage.

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  • 3D laser scanning poised to electrify construction industry

    July / August 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 435

    Abstract: The construction industry is experiencing a digital transformation. Among the most electrifying technologies on the rise is three-dimensional (3D) laser scanning. These scanners measure without touching, quickly and accurately capturing details of every nook and cranny of a building or job site. This article explores a few specific areas of the industry that 3D laser scanning may impact.

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  • EDR bonds help ensure everyone gets along

    July / August 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 521

    Abstract: Some project owners require contractors to acquire bonding to financially insure the agreed-upon performance on the job in question. One type of performance bond that’s been rising in prominence over the past several years is the expedited dispute resolution bond. This article explores the ins and outs of this type of bond.

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  • Do you know what drives your company’s value?

    July / August 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 660

    Abstract: Certain aspects of a construction company will obviously raise or lower its value. But there are other, easily overlooked elements that affect a business valuation as well. This article examines how licensing and permitting, engineering-related assets, and goodwill drive value.

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  • 2021 tax planning – Start early by reviewing key ARPA provisions

    July / August 2021
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 937

    Abstract: With all that’s changed over the past year or so, now’s a good time for construction company owners to start thinking about their 2021 tax returns. One recent major piece of pertinent legislation is the American Rescue Plan Act (ARPA). This article reviews key ARPA provisions of particular interest to contractors. A sidebar points out that the ARPA contains funding for infrastructure projects.

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