HardHatChat

NOVEMBER 19, 2012

It seems like we made commercial construction predictions for 2012 just yesterday, but once again, it’s time to put on the fortune teller hat and look into our crystal ball for 2013 commercial construction trends. This year, I wanted to use a micro example to highlight macro retail and restaurant construction trends.

Commercial 289

Commercial Retail Chicago Construction 289

Construction Marketing

FEBRUARY 17, 2022

However, with a construction loan , you can build your dream home from scratch without making compromises. A construction loan is high-interest, short-term financing that you can use to custom-build your home. Discussed below are the things you should know before taking out a construction loan. How construction loans work.

Construction 283

Construction Budgeting Budget Drawings 283

Construction Marketing

FEBRUARY 20, 2023

If you’re the owner of a construction or trade business, chances are you’ve asked yourself what it takes to be successful in this field. But there are some key elements every construction business should have in place to ensure they stay on track and continue growing. You can also avoid costly mistakes in the future.

Construction 311

Construction Risk Management Resource 311

Construction Business Owner

DECEMBER 11, 2016

This recurring problem appears when final construction job cost comes in higher than the bid or contract project budget. As a business coach, I see numerous contractor income statements every year. 1 challenge many contractors face is profit shrinkage or profit margin fade.

Profitability 253

Profitability Overhead Bidding Income 253

Contractor Bookkeeping

MARCH 7, 2025

Understanding and managing your gross profit margin is crucial to ensuring the sustainability and profitability of your business as a construction contractor. An income statement (also referred to as a profit and loss report) reveals what profit your construction company made last month or last quarter.

Profitability 89

Profitability Contractors Overhead Income 89

Viewpoint Construction Technology

FEBRUARY 14, 2019

The complimentary Viewpoint Tax Symposium featured keynote presentations from leading construction tax experts – including Moss Adams, LLP , Marcum LLC and BRAYN Consulting. Tax incentives for research and design can help construction companies to continue to innovate. A Closer Look at Construction Tax Incentives. A Tax Review.

Viewpoint 204

Viewpoint Construction Contractors San Francisco 204

Contractor Bookkeeping

APRIL 28, 2023

Construction Company cash flow is the movement of money in and out of your Construction Company; these movements are known in accounting circles as inflow and outflow. Other examples of cash inflows are borrowed funds, income derived from sales of assets, and investment income from interest. Cash is king!

Cash Flow 113

Cash Flow Income Overhead Construction 113

Construction Business Owner

JANUARY 23, 2023

Reducing income taxes through effective planning is one way to put cash back into contractors’ pockets. Tips for Maximizing Your Savings During Tax Season ccapoccia Mon, 01/23/2023 - 15:26 With supply chain dynamics, inflation and rising material costs, contractors are experiencing heightened pressure on their margins.

Income 218

Income Contractors Materials Plans 218

Contractor Bookkeeping

MARCH 1, 2024

Many small construction business owners tend to handle their accounting and bookkeeping, especially when they've just started. However, keeping track of the finance side of the business– everything from income to expenses to tax compliance– can be overwhelming.

Accounting 127

Accounting Income Finance Construction 127

BD+C

MAY 15, 2019

The Jose Gautier Benitez development is officially under construction on a 21-acre site in Caguas, Puerto Rico. The site will be divided into six residential blocks that includes five streets dedicated to family housing, and one reserved for elderly housing.

Puerto Rico 85

Puerto Rico Income Housing Residential 85

Lets Build

MARCH 21, 2017

A 2015 study in the United States revealed that as many as around 70% of government’s heavy construction equipment remains unused. Basically, these services simply rent out construction equipment to contractors or businesses who need them, usually temporarily, and don’t have the required resources or financial stability. 3 Yard Club.

Equipment 160

Equipment Construction United States Contractors 160

Construction Dive

OCTOBER 28, 2019

During the California-based firm's latest earnings call, CEO James Roberts reiterated the company's commitment to smaller, less risky projects after another quarterly loss.

Income 84

Income California Construction 84

Lets Build

JULY 11, 2017

There isn’t a topic that doesn’t have its own podcast and that includes the construction industry. Let’s be honest, listening to podcasts on construction sites can prove difficult. So without further a due, here are in our opinion, the 40 best construction industry podcasts we have handpicked for you: 1. The ConTechTrio Podcast.

Construction 167

Construction Industrial Housing Project Management 167

Contractor Bookkeeping

NOVEMBER 18, 2022

Is it time for your construction business to invest in some new equipment? It is all a question of your budget, income, cash flow, profit & loss, and taxes. Your construction business is expanding at a fast rate. - And if so, is it a more brilliant business decision and cost-effective to rent or buy?

Equipment 112

Equipment Cash Flow Income Construction 112

Contractor Bookkeeping

NOVEMBER 27, 2020

Without proper tracking and matching of income and expenses, most construction companies never know if they made a profit until the job is over. Due to your work's nature, as construction contractors provide services on a per-job operation, issuing invoices make it all the more challenging and complicated than it has to be.

Income 109

Income Construction Profitability News 109

Contractor Bookkeeping

NOVEMBER 25, 2022

Depending on the nature of your construction business, you may have workers who are employees or contractors, or you may have both. When you have an employee, you must withhold income tax and report on additional benefits. Each has its merits, but it's important to review which are to meet your tax obligations.

Contractors 114

Contractors Income Construction Accounting 114

Wolgast Corporation

JUNE 28, 2022

The cost and availability of building materials can presently be described as highly unpredictable, so the pre-planning phase has become the key to Restaurant Construction more than ever before! We have strategies to share to get your restaurant or business operating quicker and generate income faster.

Commercial 126

Commercial Income Construction Materials 126

Contractor Bookkeeping

JANUARY 22, 2021

Your construction accountant can help you develop both short-term (weekly, monthly) cash flow projections, help you manage daily cash, and long-term (annual, 3-5 year) cash flow projections to help you develop the necessary capital strategy to meet your business needs.

Cash Flow 84

Cash Flow Income Management Accounting 84

Contractor Bookkeeping

OCTOBER 15, 2021

If you're looking to grow your construction business, you might consider expanding your service offerings. Adding additional services is an excellent way to increase your profitability, diversify your income and expand your market. But there are essential things to consider before adding to your income streams.

Cash Flow 114

Cash Flow Income Finance Plans 114

Construction Dive

FEBRUARY 7, 2020

and operating income of $3.8 The Swedish multinational recorded an operating margin of 2.4% billion Swedish krona (U.S. 394 million).

Income 108

Income Construction 108

Pro Builder

JUNE 13, 2023

Middle-Income Buyers Face the Nation’s Biggest Housing Shortage ldeakins Tue, 06/13/2023 - 11:05 Middle-income buyers can afford to buy less than one-quarter of listings in today's housing market The U.S. A two-fold approach is needed to help with both low affordability and limited housing supply.

Income 52

Income Housing Inventory Construction 52

Contractor Bookkeeping

FEBRUARY 17, 2023

How often have you hired someone with the expectation that they know how construction works, and then you found out they did not know about it? You are a master in the construction industry, so you recognize what to look for in your particular field and quickly observe if someone has the skillsets, and you proceed accordingly.

Accounting 116

Accounting Construction Income Maine 116

BD+C

JANUARY 31, 2020

At the end of that period, the number of multifamily housing units under construction was up 7.3% Starts of buildings with five or more housing units rose from December 2018 through December 2019 by 74.6% to a seasonally adjusted annual rate of 536,000, according to preliminary Census Bureau estimates. to 177,000.

Income 102

Income Leases Estimating Housing 102

Wolgast Corporation

JULY 29, 2024

Business owners may think they need to be overly prepared before they talk to their Architect or Builder about commercial construction planning. Risk Management There are a couple of options to manage the risk to your business when it comes to a remodel or new construction. What is your maximum budget?

Plans 127

Plans IDEA Construction Budget 127

Contractor Bookkeeping

APRIL 7, 2023

Starting a construction business is not for the faint of heart. There might also be different service models you can offer (such as subscription services) or ways to branch out your income. A certain level of stress comes with ensuring your company's success. If things go wrong, it all falls back on you.

Bankruptcy 109

Bankruptcy Cash Flow Construction Income 109

Construction Equipment

MARCH 31, 2021

President Biden will unveil an eight-year, $2 trillion infrastructure plan that will be paid for with higher corporate income taxes. Two construction equipment groups offered initial support for the plan, although concerns about tax increases came from the manufacturing side. What Biden's…

Infrastructure 118

Infrastructure Plans Income Equipment 118

Construction Dive

NOVEMBER 13, 2018

Full-year income dropped 5%, and due to some “avoidable and unacceptable” issues in its fourth quarter, the firm will make changes to segments such as construction services, which is no longer led by Dan McQuade.

Income 113

Income Construction 113

Construction Equipment

FEBRUARY 8, 2021

Net income of $187 million and adjusted net income of $432 million. CNH Industrial reported consolidated revenues of $8.5 billion (up 10 percent). Financial results presented under U.S. GAAP “CNH Industrial delivered solid results in Q4, ending 2020 with year-over-year profitability improvements…

Industrial 118

Industrial Income Profitability 118

Construction Business Owner

DECEMBER 2, 2016

This recurring problem appears when final construction job cost comes in higher than the bid or contract project budget. As a business coach, I see numerous contractor income statements every year. 1 challenge many contractors face is profit shrinkage or profit margin fade.

Profitability 120

Profitability Overhead Bidding Income 120

HardHatChat

NOVEMBER 24, 2015

A continuing construction labor shortage will result in higher pricing and scheduling challenges in 2016. As we close in on the finish line for 2015, we’re happy to report it’s been a terrific year at Englewood Construction and for many others in the commercial construction industry.

Commercial 180

Commercial Construction Los Angeles Schedule 180

Construction Dive

FEBRUARY 4, 2019

The cost is nearly twice earlier estimates, which the port's home city, Anchorage, cannot afford — but one official says the necessary funds could be raised by increasing tariffs on incoming cargo.

Alaska 95

Alaska Income Estimating Construction 95

Construction Marketing

NOVEMBER 15, 2022

For example, if you intend to build luxury apartments, your target customers will be comprised of high-income earners. You must factor in tree removal and brush clearing services, grading, installation of underground utilities, and the construction of buildings.

Income 156

Income Commercial Feasibility Residential 156

Construction Business Owner

AUGUST 26, 2015

Most construction business owners have the same goal. They all want to grow, earn high profit margins, retain great customers, be organized and in control, have a responsible management team, own income-producing investments and, after all that, have the time to enjoy the benefits of their hard work.

Income 120

Income Profitability Organization Management 120

Contractor Bookkeeping

DECEMBER 30, 2022

You must ensure you have all the necessary information about your income and expenses. Preparing your End of Financial Year (EOFY) information often feels stressful—there are receipts to sort out and reports to review. It can be overwhelming, and it can make the EOFY feel daunting.

Plans 109

Plans Income Finance Construction 109

Construction Marketing

JANUARY 25, 2023

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. During the construction phase, the developer works with architects, engineers, and contractors to bring the project to life.

Commercial 228

Commercial Leases Regulation Finance 228

Construction Equipment

NOVEMBER 5, 2020

Construction sales, which includes Case Construction Equipment, were down 13.3 Adjusted net income for… CNH Industrial sales for the third quarter rose 3.6 percent over the same period in 2019 to $6.107 billion. percent for the same periods, to $576 million from $664 in the third quarter of 2019.

Income 105

Income Equipment Industrial Construction 105

Contractor Bookkeeping

APRIL 14, 2023

Force reconciliations can cause your net income to be over or understated, which means you pay too much in taxes now or too little now and the rest later with penalties and interest because the IRS can ask for a copy of your bookkeeping record.

IRS 108

IRS Finance Income Budget 108