Software Solutions for Smaller Contractors

Software Solutions for Smaller Contractors

Did you know that the world’s most widely used business software, Microsoft Excel, is 30 years old? Though Excel is a relatively old dog in this digital world, it is still very popular in the construction industry for estimating, scheduling, and other project management activities. Spreadsheet pros and cons. Excel spreadsheets are familiar, easy to use and…

Prepare to File 2017 Tax Returns Now

Prepare to File 2017 Tax Returns Now

It’s never too soon to start preparing to file your federal income taxes. The IRS will begin processing tax returns for 2017 on January 22, 2018. Tax season is a busy time but it doesn’t have to be a headache if you start organizing now. Doublecheck your company files. You need to supply your accountant with…

Determining the True Cost of Payroll

Determining the True Cost of Payroll

Construction is a risky business, highly competitive, and seasonal. Budgeting is crucial, but construction company owners delegating the management of their accounts and payroll to a bookkeeper may not know how much their employees are really costing them. Business Insider reports that 70% of small businesses, those employing up to 100 employees and having assets of…

Four Reasons Why Controlling Labor Costs on a Daily Basis is Important

Four Reasons Why Controlling Labor Costs on a Daily Basis is Important

Are labor costs helping or hurting your bottom line? How much time are crews wasting each day? Consider this. If you have a 20-person crew and each employee wastes just three minutes per hour, that’s eight hours of wasted time by the end of the day. That’s the equivalent of one employee’s full day’s work.…

The Importance of Maintaining Construction Records

The Importance of Maintaining Construction Records

Although construction sites can seem a little chaotic to an outsider, a viable system of organization at the core is critical to keeping everything running smoothly and on time. One of the ways to ensure that a project is progressing as it should be is to maintain great records, which can help a project manager…