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Bookkeeping embezzlement stems from a feeling of entitlement and the need to get even. Your bookkeeper or accountant will steal if they feel confident they can get away with it and if circumstances allow for it due to weak integrity and a sense of "Redistributing The Wealth, But Not The Work Or The Responsibility.". It is estimated that the number of bookkeepers caught embezzling from contractors is less than one percent of the total.
This blog utilizes research and data from a range of professional safety journals (i.e., Professional Safety) and research reports, and blends it with economic realities and common company leadership expectations. It is written as a series for those who are new to safety or have an expanded role within safety. It is meant to be easily digestible by reviewing one to two key points.
Good communication is key to the successful delivery of every project in construction. Unfortunately, it’s easier said than done. Many project managers tell us that keeping all teams on the same page is one of the biggest challenges they face day after day on the job. Free ebook: Why WhatsApp and Excel aren’t enough for running complex construction projects.
The proper storage of goods is crucial for any business because it offers ample production support and provides opportunities for expansion. Without proper planning before building a business warehouse, you may compromise the safety and security of your products and waste so much money in the long run. If you’re planning to build a business warehouse, then you’re at the right place.
The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.
4 Common Contractor Questions & the Answers You Need. Elizabeth Manning. Thu, 10/29/2020 - 13:57. There are some business and workforce management questions that every construction leader. Here's a few of the most common challenges management faces and how to solve them from George Hedley.
Among the most misunderstood term in a Phase I environmental site assessment is the Historical Recognized Environmental Condition. The environmental professionals who perform these assessments by and large do not take heed of Eduardo Galeano’s quote, “History never really says goodbye. History says, ‘see you later.’”. By way of background, a Phase I environmental site assessment is the process of evaluating a property’s environmental conditions and assessing potential liability for contamination
How to Prep Your Wheel Loaders for Winter Work. Elizabeth Manning. Thu, 10/29/2020 - 14:36. Get your jobsite equipment ready to do double duty this winter clearing snow while your projects are paused. Here's what you need to know to protect your operators and wheel loaders during winter work.
Take your construction business to the next level with our comprehensive 2025 funding guide! Whether you're managing seasonal cash flow challenges, dealing with unexpected equipment repairs, or planning to scale your operations, securing the right funding is essential for success. This guide explores a range of fast and flexible financing options tailored for construction businesses.
Purina's new Williamsburg, OH factory will support the company's long-term growth and employ more than 300 people by 2024. - Read: Nestlé Purina PetCare To Invest $550M In New Ohio Factory at BusinessFacilities.com.
6 Takeaways from the Online Dispute Mediation Experience. Elizabeth Manning. Wed, 10/28/2020 - 09:26. In addition to a full-time construction counseling and litigation practice, I also have an active mediation practice serving as the mediator. With stay-at-home orders and corporate travel restrictions due to the coronavirus pandemic, but parties wanting to keep the dates of previously scheduled mediations, I have recently found myself in a position where I needed to quickly learn how to conduct
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
After a relatively soft investment year in 2020, spending on data center infrastructure globally is expected to rebound strongly next year, by 6% to $200 billion, according to the market research firm Gartner. And any skepticism about the potential growth of the data center sector has been swept aside by the quarantining associated with the spread of the coronavirus.
Continuous Improvement is a fundamental element of LEAN construction and the 4BT OpenJOC(TM) Solution. Kaizen: (ky’zen) – Change for the good, change for the better. Kai – change. Zen – good. OPENJOC LEAN Job Order Contacting Solution. Learn More… The post Innovative Job Order Contracting – The LEAN Approach to BEST VALUE appeared first on 4BT.
Construction work can unearth some pretty interesting items. Think about it, many project begin with a piece of previously undeveloped land or land that hasn’t been touched for decades. Sometimes the discoveries can be pretty awesome, like 1300 pounds of Ancient Roman Coins , but other times, the discoveries can be downright SPOOKY. Since today is Halloween, the spookiest of all the days, we’re going to take you through 7 spooky things found on a construction jobsite. 1.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
The SPIRE Smart Building Program , billed as the world’s first comprehensive and objective assessment and rating program for smart buildings, was recently released. Backed by UL and the Telecommunications Industry Association (TIA), the program is intended to help building owners and operators make better informed investment decisions, improve tenant satisfaction, and increase asset value, according to a news release. .
Safe AI, a company that retrofits heavy equipment for autonomous applications, and Obayashi Corp., a Japan-based construction company, will kick off a pilot program this November in which a Caterpillar 725 articulated dump truck will autonomously complete load-haul-dump cycles.
The pandemic and low oil prices hit Texas with a one-two punch, but the Lone Star State is still a leader in big-ticket projects. - Read: Texas: Open For Business at BusinessFacilities.com.
Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks. Industry leaders recognize that precise financial control is essential for profitability and project stability.
The developer TPA Residential recently selected McShane Construction to build Woodward Crossing, a Class-A, 265-unit apartment complex on 7.8 acres in Buford, Ga. The apartments would be inside two buildings, four and five stories, designed by the architecture firm Niles Bolton Associates. Its completion is scheduled for May 2022.
Caterpillar third-quarter 2020 sales dropped 23 percent compared to the same period in 2019, to $9.9 billion from $12.8 billion. The company cited “lower sales volume driven by lower end-user demand” and dealers decreasing their inventories more this year than last in its Q3 2020 financial report.
Advanced health and medical technology company Vigilent Labs will create more than 400 new jobs in Charleston County, SC. - Read: Vigilent Labs Investing $104.6M In South Carolina at BusinessFacilities.com.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
Emory Student Center, the highest honoree in this year’s Building Team Awards, was the product of a nearly five-year collaboration involving Atlanta’s Emory University, Duda|Paine Architects, Holder Construction, and the campus community. In mid-2013, a university-commissioned feasibility study determined that Emory needed a new, larger student center to replace its original student union, Alumni Memorial University Center, built in 1950, and the 70,000-sf Dobbs University Center, which was adde
Air compressors are the single most important piece of equipment on service trucks, according to a 2020 State Of The Mobile Compressed Air Industry Report from manufacturer VMAC.
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