construction
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…
When it comes to adopting new provisions in the One Big Beautiful Bill Act (OBBBA) for the construction industry, one of the most important amendments is the exception to using…
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…
With tariffs, interest rates, and other factors continuing to drive economic uncertainty, cash flow management should be a top priority for construction businesses. Here are nine tips for better maintaining…
“Where did it all go wrong?” If you’ve been in the construction business a while, you may have asked yourself this question when a claim by a project owner or…
It’s been about a month since the One, Big, Beautiful Bill Act (OBBBA) was signed into law. Now that the dust has settled, construction business owners and their leadership…
Stalled construction jobs are far from unusual. Earlier this year, software developer ConstructConnect’s Project Stress Index indicated that private projects put on hold had more than doubled over the preceding…
Building information modeling (BIM) has been around for a while. Yet the concept and software continue to evolve. New developments — including artificial intelligence (AI) — are pushing BIM to…
Payroll complexity is just one of the reasons why running a construction business differs from managing other types of companies. Let’s review four major payroll challenges you and your leadership…
Generally, as real estate development increases, so does construction work. To that end, contractors may want to start looking at qualified opportunity zones (QOZs) in their markets for project opportunities…
Comprehensive insurance coverage might seem like a luxury for many contractors. After all, you’re likely dealing with rising costs from supply chain uncertainties, tariff-impacted materials prices, and a tight labor…
Most long-time construction business owners reach a point when they start thinking about not only their own retirements but also their families’ financial security. Whether you’re at that point or…
Historically, many construction businesses have engaged in federal contracting because the projects tend to be plentiful, with little doubt about the payer’s solvency. However, working with the U.S. government today…
Among the most common challenges of any long-term construction project are fluctuating job costs. However, variations in the cost of materials and labor over time aren’t the only cause for…