In the News

Copyright 2017

Customer relationships with general contractors or owners who give your firm regular work can be like family relationships. One specialty subcontractor remarked about his work relationships that, "You will be spending more time with me in a week than you do with your family!"

Copyright 2017

Construction work, by its very nature, is a high-risk type of business. It usually isn't a matter of if a loss occurs, but when and how much. When a loss does occur, such as an electrical wiring fire, all the parties involved with the project generally point the finger at the other parties.

Copyright 2017

No matter how careful your company is, accidents and injuries can still happen. When they do, responding properly is an important factor in keeping your Workers' Compensation insurance costs under control. Here are six steps to take in the event an injury occurs:

AFTER AN ACCIDENT

Copyright 2017

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 2017

Internal fraud drains more than $3.7 trillion annually from global businesses, according to an estimate by the Association of Certified Fraud Examiners (ACFE).

Copyright 2017

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 2017

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.

Copyright 2017
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 2017

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 2017
As construction firms evolve, they quickly outgrow their first generation accounting software packages. That software was likely purchased when there was not a lot of capital on hand and not a lot of business to keep track of. If your firm needs to upgrade, making the decision can be daunting.

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