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Exploring the Impact of SBA Loans on Small Construction Businesses

Civiconcepts

Navigating financing can be a stiff hurdle for small construction businesses aiming to expand or simply stay afloat. To make things even more challenging is the fact that traditional lending […]

Finance 52
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ABC Construction Backlog Indicator Falls for Small Contractors, Increases for Large Contractors

Construction Superintendent Magazine

Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.4 View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for October. View the full Construction Backlog Indicator and Construction Confidence Index data series. The reading is down 0.4

ABC 59
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Construction Safety Week: 3 Small Things Your Company Can Do to Mitigate Jobsite Risks

Viewpoint Construction Technology

Construction is a dangerous job, but contractors that take Construction Safety seriously can see an ROI boost with lower costs and healthier employees.

Safety 320
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A Step-by-Step Guide to Choosing Your Second-in-Command

Construction Business Owner

A Step-by-Step Guide to Choosing Your Second-in-Command ccapoccia Thu, 08/24/2023 - 09:33 The “think small” and “hire cheap” philosophies permeate many small- and medium-size construction companies where the owner is still involved in all aspects of the business.

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FedRAMP limits Construction Productivity and Innovation

Job Order Contracting

While FedRAMP aims to enhance the security of cloud services used by the federal government, it negatively impacts small businesses, the overall attempt to improve the AECOO sector’s low productivity, and innovation. Challenges for Small Businesses: Costs: Achieving FedRAMP compliance is cost prohibitive for most small businesses.

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Unlocking The Secrets Of Small Construction Business Cash Flow

Contractor Bookkeeping

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. Outflows for your Construction Company are generally the result of paying labor, material, other direct and indirect costs of goods sold, and overhead expenses.

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The Right Way to Avoid Tax Audits

Construction Business Owner

The Right Way to Avoid Tax Audits ccapoccia Thu, 09/28/2023 - 08:39 While the IRS’s own figures reveal that, in general, it only audits 1% or 2% of all taxpayers each year, the threat of an audit continues to strike fear into every construction business owner.

IRS 351