Blog

Check out our latest posts below. Have a specific question? Reach out to us here.

How to protect against project losses with Daniel Fulcher

January 15, 2023

You may have heard of one catastrophic project taking a whole construction company down – usually due to a combination of issues that may include delays, damages, and mismanagement. This has unfortunately become more common, which is why there’s a new insurance product in the industry: Project Loss Insurance. Daniel Fulcher from Travelers joins us…

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Unique ways to split profits and losses in a construction Joint Venture – Part 3

January 13, 2023

Ultimately, the key is finding a fair, mutually beneficial method that aligns with the goals and objectives of the joint venture.

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Unique ways to split profits and losses in a construction Joint Venture – Part 2

January 10, 2023

Let’s look at 10 more ways to split profits in a construction joint venture.

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Three things contractors must know to grow

January 7, 2023

This week, we’re identifying the three key things you MUST know in order to operate from your “sweet spot” and grow your construction company.

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Unique ways to split profits and losses in a construction JV – Part 1

January 4, 2023

Whether you’re just starting to think about a joint venture or trying to negotiate a profit split with an existing partner, this series will provide you with a wide range of options. 

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The new 1099 tax rule contractors should know

January 2, 2023

If you use Venmo or a similar app to send or receive payments, you need to know about the new IRS rule regarding these apps and 1099-K forms.

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4 ways to maximize the value of your construction company

December 27, 2022

This week, we’re discussing four actions you can take to up the value of your company, whether or not you’re planning to exit.

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A deep dive into construction gross margin

December 20, 2022

Let’s dive into gross margin. Learn the differences between gross margin and other similar terms, and why you need to track it.

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Purchasing Fixed Assets under a construction JV

December 19, 2022

In a construction joint venture (JV), purchasing fixed assets can be a complex and important decision.

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Cash flow considerations in a construction joint venture

December 15, 2022

By carefully managing cash flow, construction joint ventures can increase the chances of success for their projects and maximize their long-term profitability.

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