Accounting and Finance | Topics

Accounting & Finance

Liquidity for Contractors - "Internal" Transfers

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

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

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

No. 1: Lead Off with Job Cost Reporting

Construction Business Owner, February 2009

Editor's Note: This is the first article in the series, "Software Feature Line-Up," by Mike Ode. Each article focuses on must-have accounting software features. To read the next article in the series, click here.

If only construction accounting and financial management could be as easy to understand as baseball.

But surprisingly, it is. America’s favorite pastime is basically a game of numbers, where keeping count and tracking statistics are the cornerstones of a team’s winning strategy. In construction, the winners are those who know their numbers and use them for better decision making. And just how do successful contractors keep score? They rely on construction-specific accounting software. More specifically, they pack their line up with nine powerful features.

Tags: 2009 February Issue , accounting , financial , technology