In today’s world, more information is created every day, new information dwarfs older information, competition comes from anywhere around the globe and employees’ expertise is more important than a company’s physical assets.
What separates the best companies from the rest of the pack is how they create, store and leverage their employees’ knowledge. But before that can happen, construction firms must determine how to find the right high-end talent that will set the organization apart from the competition, how to motivate employees and how to use the talent effectively down the line. Continue »
Executives at CPA firms specializing in construction and leading providers of construction accounting software share their insights on strategies to improve cash flow, speed collections and reduce the risk of bad debt; the challenges contractors face in the improving economy; technological advancements with the greatest impact on contractors and their CPAs; and evaluating cloud-based accounting software. Continue »
Employers should check to confirm they are withholding the correct amounts and higher-income taxpayers should consider whether it would be appropriate to adjust estimated tax payments and/or withholding allowances to account for the additional 0.9 percent Medicare tax and the 3.8 percent unearned income surtax becoming effective in 2013. Continue »
Now is not the time to be cheap with business acquisition. Now is the time to build superior business development capabilities.
Acquiring profitable work has never been more challenging. Competition is fierce and margins are painfully low. In spite of this, more than a few contracting firms are profitable and several are experiencing an increasingly healthy bottom line. Continue »
Get the recognition you deserve in Construction Executive’s first-ever 2013 HOT COMPANIES special edition. Continue »
Earlier this year, Google was ranked the No. 1 best place to work in Fortune magazine’s list of America’s top 100 employers. It’s no wonder it topped the list—employees get perks such as free food, game rooms, haircuts and onsite laundry facilities. But even companies that cannot afford such freebies can become a top place to work by instilling the following principles. Continue »