construction

The federal Qualified Opportunity Zone (QOZ) program incentivizes investment in designated low-income communities (or “zones”) across the United States. The One Big Beautiful Bill Act (OBBBA) updated the program and…

Every company is a team effort, but construction businesses really depend on teamwork. Everyone must come together to win profitable jobs, complete them to the highest quality and quickly move…

Like most construction businesses, yours probably invests in physical assets regularly. These may include equipment, vehicles, and computing devices and software. If so, you’ve probably been keeping an eye on…

Construction is a high-risk industry. Many contractors convert their businesses to C corporations to avoid personal liability for financial claims against their companies. Although doing so makes sense from a…

In today’s challenging real estate and construction landscape, many borrowers face pressure on loans tied to property development, investment, and rental operations. When the market shifts, property values fall, and…

A 2024 survey conducted by consultancy FMI in partnership with the Construction Financial Management Association found that 58% of contractors who responded didn’t have an “ownership transition plan” in place.…

Rising materials costs have become a persistent challenge for construction companies of all sizes. But they hit small- to mid-sized businesses especially hard. Your profit margins can quickly shrink or…

Contractors: Don’t blame yourself if you’ve been running on the assumption that your company is ineligible for the federal research and development (R&D) tax credit. Many people believe the potentially…

Operating a construction business requires actively and comprehensively addressing workplace safety. The well-being of your employees depends on how successfully leadership creates, deploys and upholds comprehensive policies and procedures for…