Software Solutions for Smaller Contractors

By |2018-12-06T18:45:59+00:00February 12th, 2018|Categories: Business Tips, Construction Technology, Construction Trends|Tags: , , , , , , |

Did you know that the world's most widely used business software, Microsoft Excel, is 30 years old? Though Excel is a relatively old dog in this digital world, it is still very popular in the construction industry for estimating, scheduling, and other project management activities. Spreadsheet pros and cons. Excel spreadsheets are familiar, easy to use and may [...]

Comments Off on Software Solutions for Smaller Contractors

Prepare to File 2017 Tax Returns Now

By |2018-12-06T18:44:01+00:00October 30th, 2017|Categories: Business Tips, Construction Accounting, Construction Business Tips|Tags: , , , |

It's never too soon to start preparing to file your federal income taxes. The IRS will begin processing tax returns for 2017 on January 22, 2018. Tax season is a busy time but it doesn't have to be a headache if you start organizing now. Doublecheck your company files. You need to supply your accountant with a [...]

Comments Off on Prepare to File 2017 Tax Returns Now

Determining the True Cost of Payroll

By |2018-12-06T18:44:03+00:00October 6th, 2017|Categories: Construction Accounting|Tags: , , , , , , |

Construction is a risky business, highly competitive, and seasonal. Budgeting is crucial, but construction company owners delegating the management of their accounts and payroll to a bookkeeper may not know how much their employees are really costing them. Business Insider reports that 70% of small businesses, those employing up to 100 employees and having assets of 10 [...]

Comments Off on Determining the True Cost of Payroll

Four Reasons Why Controlling Labor Costs on a Daily Basis is Important

By |2018-12-06T18:44:05+00:00September 18th, 2017|Categories: Business Tips, Construction Accounting, Construction Business Tips|Tags: , , , , |

Are labor costs helping or hurting your bottom line? How much time are crews wasting each day? Consider this. If you have a 20-person crew and each employee wastes just three minutes per hour, that's eight hours of wasted time by the end of the day. That's the equivalent of one employee's full day's work. Even [...]

Comments Off on Four Reasons Why Controlling Labor Costs on a Daily Basis is Important

The Importance of Maintaining Construction Records

By |2018-12-06T18:41:55+00:00August 9th, 2017|Categories: Construction Accounting|Tags: , , , |

Although construction sites can seem a little chaotic to an outsider, a viable system of organization at the core is critical to keeping everything running smoothly and on time. One of the ways to ensure that a project is progressing as it should be is to maintain great records, which can help a project manager avoid [...]

Comments Off on The Importance of Maintaining Construction Records