2018
Showing 593–608 of 630 results
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Construction Success Story – Contractor gets crackin’ on better WIP reports
January / February 2018
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 445
Abstract: This issue’s “Construction Success Story” features a commercial HVAC contractor who was consistently experiencing cash-flow problems as his jobs neared completion. He sat down with his CPA, who told him he needed to update his work in progress reports and make better use of them.
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Is it time to buy a drone? Issues to consider
January / February 2018
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: Over the last few years, drones (or, more properly, unmanned aerial vehicles) have evolved from novelty items to integral tools in many a contractor’s inventory. But that doesn’t necessarily mean buying one is absolutely necessary for every construction company. This article discusses some of the issues involved in the buying decision.
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Secure your front office against the threat of fraud
January / February 2018
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 675
Abstract: In its 2016 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Examiners reported that construction businesses suffered a median loss of $259,000 in the 86 cases reported. Contractors must secure their front offices against such financially devastating crimes. This article points out some of the more common ways dishonest employees steal money and suggests three countermeasures to consider.
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The fight goes on – Considering costs and revenue when battling profit fade
January / February 2018
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 914
Abstract: When construction costs start to creep over revenue coming in, a contractor is suffering from “profit fade.” This problem can arise out of costs or revenues (or both), so it’s important to look at each of these elements independently. This article examines two common cost factors and discusses contributing revenue factors. A sidebar delves into how indirect costs, namely insurance expenses, can trigger profit fade.
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Seize the opportunity – Lending to e-commerce companies
February / March 2018
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 405
Abstract: E-commerce companies that need capital for working capital and fixed asset purchases have historically turned to alternative online lenders. But online nontraditional lenders can saddle these companies with onerous terms and high interest rates. This article notes that, before adding e-commerce borrowers to their loan portfolios, traditional lenders need to recognize how their business models differ and adjust their underwriting processes accordingly.
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Due diligence matters
February / March 2018
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 582
Abstract: Thorough due diligence requires looking closely and deeply at all aspects of a company’s operations, from applicable economic and industry conditions to sources of collateral and business operations — and beyond. This article explains that strategies such as researching industry risks and devising a risk scorecard for each borrower can help lenders accurately evaluate borrowers’ financial status and minimize the risks of delayed payments and default.
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Don’t take receivables at face value
February / March 2018
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 633
Abstract: Borrowers often use accounts receivable as collateral for their loans. But it’s important to ensure that a borrower’s receivables are truly collectible amounts. This article suggests some warning signs that may indicate accounts receivable weaknesses — or even fraud. It points out that it’s a good idea for a lender to engage a professional with accounting expertise to support due diligence by performing financial statement audits and other procedures to verify the numbers.
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Mastermind groups: A lender’s secret weapon
February / March 2018
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 854
Abstract: A small business “mastermind group” brings together lenders, CPAs, entrepreneurs and executives from a variety of industries and companies in a supportive environment that encourages openly sharing information and best practices to promote accountability and business growth. This article offers some tips for creating a successful group, including establishing ground rules, using social media to connect the group and documenting lessons learned. The article suggests that a well-run mastermind group could prove valuable in developing long-term, mutually beneficial banking relationships. A sidebar offers six questions to help generate an active discussion.
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3 tips for dealing with design issues
Winter 2018
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 440
Abstract: A contractor’s role is traditionally to implement a design created by an architect or other design professional. But given the vagaries of the industry, it’s not unusual for plans and specifications to be incomplete when construction begins. This article offers three tips on how contractors can deal with design issues while minimizing the risks of being held financially liable for them.
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Exploring the many facets of an ESOP
Winter 2018
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 689
Abstract: Every contractor must consider his or her retirement (and succession), as well as ways to improve employee engagement. One ambitious and somewhat complex way to do it all is by offering an employee stock ownership plan (ESOP). This article explores the functionality of these plans, the tax impact and some potential risks to consider.
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We’re covered, right? Additional insured provision doesn’t guarantee protection
Winter 2018
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 553
Abstract: Construction subcontracts often contain provisions requiring a subcontractor to name additional insureds under its commercial general liability policy. But the existence of such a provision is no guarantee that another contractor is indeed protected. This article reviews a recent case demonstrating this danger and offers tips on how to determine one’s level of protection. Cincinnati Insurance Co. v. Harleysville Insurance Co., No. 16-3929-cv (L), October 4, 2017 (2nd Cir.)
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Tax planning – Dig deep to determine the TCJA’s total impact
Winter 2018
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 919
Abstract: The passage of a new tax law in December was intriguing, if not downright exciting, news for most construction company owners. Now that the dust has settled, this article takes a look at some highlights, including reduced tax rates and boosted depreciation deductions. A sidebar points out that some valuable tax breaks, however, have been eliminated or limited.
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Bank Wire – Guidance permits high LTV lending programs in distressed communities
Winter 2018
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 433
Abstract: This summary of recent developments in banking looks at recent OCC guidance that permits national banks to establish programs for originating higher loan-to-value (LTV) loans in communities targeted for revitalization. In addition, it notes that small and midsize businesses are willing to switch banks to obtain mobile banking and digital services. And it points out that using an automatic telephone dialing system to make calls or texts to consumers’ cell phones, without prior express consent, is largely prohibited by the Telephone Consumer Protection Act (TCPA).
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Appraisal or evaluation? A look at the rules
Winter 2018
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: When valuing real estate in connection with lending transactions, banks often hesitate to rely on evaluations in lieu of appraisals — even though they can be quicker and more cost-effective. That’s usually because they fear criticism from examiners. This article looks at the federal banking agencies’ regulations and notes the circumstances under which the rules permit using evaluations as part of an appropriate real estate valuation program.
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Don’t forget about succession
Winter 2018
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 514
Abstract: In the day-to-day urgency of maintaining profit margins and meeting regulatory requirements, it’s all too easy to overlook the need to prepare for expected — or unexpected — loss of key management and staff. But having a succession plan in place can ensure any transitions are stable and an institution’s financial trends remain positive. This article suggests several steps banks can take to put a good succession plan in place.
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5 best practices for asset-liability management
Winter 2018
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 893
Abstract: Federal regulators are increasing their scrutiny of banks’ asset-liability management (ALM) programs. ALM models typically focus on interest rate risk— though liquidity risk is also a significant factor. This article offers five best practices banks can consider in ensuring their banks meet regulatory expectations. A brief sidebar notes that banks need to review and update their ALM policies before adding new products or services — or adopting new strategies.