topic

Accounting

Accounting insights for construction firms—job costing, financial reporting, cash flow and bookkeeping strategies to keep contractors profitable.

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    Getting Paid on Construction Projects Before Bankruptcy

    In the current financial crisis, prompt payment on construction projects will be increasingly difficult.
    Read More →: Getting Paid on Construction Projects Before Bankruptcy
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    External Liquidity Strategies

    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).
    Read More →: External Liquidity Strategies
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    The ABCs of Accurate Bidding

    Being able to accurately bid on construction jobs is one of the most critical skills you must have so your business will not only survive but thrive.
    Read More →: The ABCs of Accurate Bidding
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    Exit Strategies Using ESOPs

    Successful entrepreneurs know that it takes time and planning to maximize the value of their companies’ stock when they are ready to move on.
    Read More →: Exit Strategies Using ESOPs
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    How Contractors Can Prepare for Financial Challenges

    Conduct an honest business assessment, and take these steps to prepare for unexpected financial challenges.
    Read More →: How Contractors Can Prepare for Financial Challenges
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    What Do Auditors Look For?

    As a business owner, you are concerned about numerous issues not limited to maximization of profits, employees, succession planning, business risks, customers, partners and that large bid you and your estimator just submitted.
    Read More →: What Do Auditors Look For?
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    The Pros and Cons of Leasing vs Financing

    Compare the benefits of leasing to the benefits of financing.
    Read More →: The Pros and Cons of Leasing vs Financing
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    How Should I Allocate Overhead Costs?

    Should you take the extra step and allocate all overhead costs?
    Read More →: How Should I Allocate Overhead Costs?
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    Find a Payroll Company That Fits Your Needs

    Fred Ode answers your construction accounting and finance questions.
    Read More →: Find a Payroll Company That Fits Your Needs
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    Construction Business Best Practices Series, Step 4: Financial Systems and Controls

    As your construction business grows, you get to the point where you can’t do it all yourself.
    Read More →: Construction Business Best Practices Series, Step 4: Financial Systems and Controls
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    Get Your Construction Business to Work Part 4: Boost Your Bottom Line

    Use these construction business tools to boost your bottom line in any economy. Take the time to implement them, and you will make more money.
    Read More →: Get Your Construction Business to Work Part 4: Boost Your Bottom Line
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    November 2007: Straight Answers to Tough Questions

    Straight Answers to Tough Questions
    Read More →: November 2007: Straight Answers to Tough Questions

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