Estimating job costs is becoming increasingly difficult for construction contracts. Competitive bidding practices, rising labor and material costs, delays in obtaining permits, trade agreement restrictions with other countries, changes in government regulations, and the shortage of qualified...
This Week's Second Look
The name Fiat Chrysler Automobiles (FCA) is well known as one of the top three US auto producers. Google started a spin off company WAYMO several years ago to develop the programs and software that will enable cars to go driverless - SOON.Waymo is developing and testing a fleet of about 600...
How do you get a job without the right skills or credentials? How do you gain the right skills or credentials to get or succeed in a job if you can’t pay for the education needed to obtain them? From an employer’s perspective, how can you attract eager workers, ensure they develop the skills they...
Most U.S. organizations process important information every single day, every single hour, every single minute. When that information is private and sensitive in nature, its value skyrockets, and hackers will seek to obtain it by any means necessary. According to the Federal Bureau of Investigation...
The mantra of the residential and renovation contractors and subs that “Residential is different from Commercial construction. We can’t afford to do all that stuff...” has been repeated in my face for my entire career. I would argue that might have been the case in the past, but, as Bob Dylan sang...
Starting a new business venture can be exciting. Whether you are forming your first company or expanding into a new area, it is important to properly account for start-up and organizational costs. The rules concerning these costs are different for income tax purposes and for financial reporting...
Across all fields of construction, the industry is seeing a severe labor shortage during a time when it should be flourishing. According to the U.S. Department of Labor Statistics, the construction field is one of the few industries having consistent growth in the number of jobs and contracts...
While the beginning of the month can signify a fresh start for some, small businesses and their accounting departments sometimes associate the first few days of the month with feelings of frustration, stress, and anxiety. The dreaded month-end close process never ceases, and a recent survey by...
Off-site production of modular of apartments, pods of bathrooms for hospitals and a number of “production line” construction techniques are once again showing up in some interesting places and being used by some traditional builders. This production technique, borrowed from the modular unit or...