Accounting and Finance | Topics

Accounting & Finance

Written by John H. Eckbert and William A. Stewart

Construction Business Owner, April 2009

Editor's Note: This is the second of three articles by PCE Investment Bankers, LLC. on the subject of liquidity. To read the previous article, click here. To read the next article in the series, click here.

In the first installment of this series on liquidity strategies, we explored the merits of "internal" approaches which typically consist of selling to family, senior managers or to the tax-advantaged Employee Stock Ownership Plan (ESOP). Generally speaking, these internal approaches appeal to those who prioritize culture preservation, favorable tax treatment, independence and/or the perpetuation of family ownership.

Tags: 2009 April Issue , financial

Want To Stay Busy Or Make Money?

Construction Business Owner, March 2009

Editor's Note: This is the third in our 2009 series, "Earn More, Work Less." To read the previous article, click here. To read the next article in the series, click here.

As a business owner, I bet you love what you do. You're really good at doing your work with pride, integrity and quality workmanship.

Tags: 2009 March Issue , economy , financial , George Hedley

Internal Controls for Contractors

Construction Business Owner, August 2006

You often hear the term "internal controls," but what does this mean to you and your business? Internal controls are defined as processes designed to provide reasonable assurance regarding the achievement of certain objectives. They are affected by the organization's management and other personnel. Basically, internal controls are an important step to help safeguard assets against unauthorized acquisition, use or disposition. With all the talk of corporate fraud these days, internal controls can help minimize the risk of employee theft or fraud occurring in your organization.

Tags: 2006 August Issue , accounting , financial , fraud , human resources , management

Equipment: Lease vs. Finance

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