Effectively managing the accounting and finacial function of your construction company is critical to gain a successful, profitable business. Our articles from industry experts provide information on a range of subjects in construction accounting including: applying the percentage-of-completion method or completed contract method, job costing, improving cash flow and managing debt, reducing overhead, understanding financials, implementing tax strategies, performing audits, building equity and wealth, implementing a construction accounting program, using construction accounting software, and hiring a payroll provider.
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Construction Business Owner, March 2009
This is a perplexing question to the entrepreneur and business owner-both big and small. And it's not to be confused with the decision of whether to lease/finance vs. buy, as this brings up the whole series of questions pertaining to the most effective use of a company's available cash and its effect on the balance sheet.
Tags: 2009 March Issue , equipment , financial |
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Construction Business Owner, February 2009
In the current financial crisis, prompt payment on construction projects will be increasingly difficult during the last quarter of 2008, and into 2009. If an owner or contractor is not timely paying invoices, there are concrete steps that can and should be taken to protect your interests, before you receive notice of the customer's closing or a bankruptcy filing.
Tags: 2009 February Issue , accounting , economy , financial |
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Construction Business Owner, March 2009
Editor's Note: This is the first of three articles by PCE Investment Bankers, LLC. on the subject of liquidity. To read the next article in the series, click here.
Despite the current market turmoil, cash liquidity is, and will remain, an objective for business owners. For many, the majority of their accumulated wealth is tied up in the private stock of the company. Accessing all, or a portion of that wealth, converting it into investable and spendable dollars, is a prudent goal consistent with the diversification advice of every private wealth manager.
Tags: 2009 March Issue , construction owner owner |
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Construction Business Owner, February 2009
With the burst housing bubble and tighter private financing guidelines, more and more contractors are considering public works projects as a new source of revenue. On the surface, this seems like a great idea. Talks of a possible federal stimulus package aimed at public works and infrastructure development means there could soon be more government work to go around.
Tags: 2009 February Issue , accounting , change , economy , financial , latest bids |
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Accounting & Finance
