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What Contractors Should Know About Davis-Bacon Act Compliance
Publicly funded construction projects can offer valuable opportunities for contractors. However, if you’re interested in such a job, be sure to fully understand the wage requirements before bidding. The federal Davis-Bacon Act (DBA), along with similar state...
How Can Barcodes Improve Asset Management?
From laptops and tablets to power tools and safety equipment, misplaced or mismanaged assets can quietly drain profits and disrupt operations. By tracking equipment and other assets with barcodes, your business can connect its physical property to its financial...
Why Trust Matters More Than Ever
Why Trust Matters More Than Ever Why Trust Matters More Than Ever In today's business environment, change is constant. Economic uncertainty, evolving regulations, technology advancements, and growing financial complexity have made decision-making more challenging than...
Making Smarter Capital Investment Decisions
Whether you’re buying equipment, automating processes, launching a new product line or expanding your facilities, capital investment decisions shouldn’t be based on intuition alone. Your management team may identify several promising growth opportunities. Which...
6 Ways Contractors can Better Manage Accounts Receivable
Aging accounts receivable can hurt any construction business’s financial performance. And as you’ve probably experienced, it’s a common issue. Payments are often delayed by last-minute change orders, hefty retainage, project disputes and slow approvals. Here...
Outsourcing HR: A Smart Move for Many Nonprofits
Today’s nonprofit HR teams often oversee a myriad of functions. These include recruiting, hiring, onboarding, training, payroll coordination, benefits administration, performance management and employee relations. HR staffers may also help address workforce...
Accounting Teams Need More Than Number Skills
In addition to mastering accounting and tax rules, today’s accounting professionals must work through financial decisions with customers, vendors, lenders, business partners and internal stakeholders. Topics may range from payment terms and budgets to...
Is Your Nonprofit’s Spending Policy Still Working?
A thoughtful spending policy helps nonprofits balance today’s funding needs with tomorrow’s financial stability. Now is an ideal time to evaluate whether your current approach supports your mission. Here’s a look at common spending policies and what to consider...
Turn Raw Data Into Actionable Insights with Dashboard Reporting
Business owners have access to more financial and operational data than ever before. The challenge is identifying the most useful information and presenting it in such a way that enables better decision-making. Dashboard reports consolidate your key metrics...
What’s in a Name? DBA Filings for Construction Businesses
The name of your construction business plays a critical role. It helps project owners find, recognize and ultimately trust you. But as your business grows, you may encounter situations where a different name better suits your strategic objective. Whether you’re...