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

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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How to build your bond program

December 12, 2022

A partnership with a trusted bonding company is an important piece of your strategic plan. Learn how to build your bond program this week.

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Handling Accounts Payable in a Joint Venture

December 10, 2022

Several challenges can arise when handling accounts payable in a joint venture. These include disputes over billing, limited resources, lack of transparency, and poor communication.

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Practical advice for building a Cash Flow Forecast

December 6, 2022

A cashflow projection or forecast can help you secure bonds and banking, and it can also serve as a roadmap to building a great business. d

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Handling Accounts Receivable in a Construction JV

December 4, 2022

If you are involved in a construction joint venture, managing accounts receivable can be a complex and challenging task.

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Bonding Capacity of a Construction JV

December 1, 2022

Joint venture partners should consider these risks carefully and develop contingency plans to mitigate them, allowing for success in leveraging their partnership’s benefits and advantages in the process of obtaining a bond.

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