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All About Construction & Real Estate (12)

Tips for Managing Cash Flow In a Recession

In a recession, the most important thing a business can do is take control of its finances, especially when it comes to cash flow.
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Exit Planning Would Have Saved This Family-Owned Business from Bankruptcy

Whether you want your company to continue growing after you retire or simply want to turn a profit on the sale of your business, every company owner needs an exit plan. As a CPA who has worked with business owners for decades, I’ve seen several companies...
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4 Critical Tax Consequences to Consider When Selling Your Business

The sale of a business is often the most significant financial event an owner faces during his or her lifetime. Many times, however, the owner begins negotiating the sale without understanding how critical tax aspects of the deal structure can have a...
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3 Ways Construction Contractors Can Prepare for Their First Audit

Maybe you have a new contract that requires an audit or maybe your bank requested audited financial statements. If you’re a construction contractor, a first-time audit can seem overwhelming and daunting. Because your work in process schedule is crucial...
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Five Keys to a Successful Family-Owned Construction Business

Running a family-owned construction business comes with its own unique set of opportunities and pitfalls. Between managing employees, some of them family members, and identifying a successor to continue your legacy, the dynamics of a family-owned...
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Exit Planning Strategies for Construction Contractors

Even when you love your work, it's inevitable that you will eventually have to leave your role as the owner of your construction company. The bad news is, there is significant planning to do. The good news is, there are things you can do to leave your...
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