Archive: construction

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Growing Your Construction Business: The 5 Stages of Development and How to Move to the Next Level

Construction companies undergo transformations as they grow in size, complexity, and sophistication of operations. For both general contractors and specialty contractors, growth can mean many things. It can look like increasing sales volume in selected market segments. It can also encompass structuring the organization to provide expertise in all facets of construction management in these […]

Planning for Success in Lean Economic Times

Seasoned construction contractors and sub-contractors understand that bullish economic cycles are inevitably followed by leaner market conditions. Amid the economic uncertainty brought on by the COVID-19 health pandemic, it is a very good idea to check your company’s preparations to ensure you can survive through a prolonged economic downturn. Although the construction industry usually lags […]

Effective Cash Management For Construction Contractors In Good & Challenging Times

Cash management is one of the most important aspects of effective financial control for construction contractors, yet it is often one of the most neglected. Given the heightened importance of cash flow during uncertain economic times brought about by the current health pandemic, construction industry contractors should develop or modify their cash management plans as […]

Vital Tips For Construction Contractors Amid COVID-19 Economic Downturn

Despite the paralyzing levels of uncertainty brought on by the coronavirus pandemic, construction contractors need to take proactive steps to safeguard their businesses from the future effects of the crisis. Assuming construction company owners have taken the best possible immediate action to protect field and office workers, attention must now be placed on the following […]

Key Provisions under the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act (TCJA) has introduced several tax opportunities catered to businesses and individuals operating in the construction industry. Construction contractors must practice their due diligence by identifying the tax implications, strategic opportunities, and compliance issues resulting from the new tax law. Download the article to find out more about how the […]

Construction & Engineering Q4 2018 Market Trends

Revenue in the construction industry has grown at a compound annual rate of 3.4% in the last five years, but the projections for the next five years are vastly different. Download our “Market Trends: Construction & Engineering” infographic to see the latest on valuation metrics, M&A transactions, venture capital activity, and more trends in the construction and […]

Typical Construction Industry Cyber Breaches – And What You Should Have Already Done

Cybersecurity remains an ever-present topic of interest across all industries, as potential and successful attacks continue to plague companies of all sizes. Due to several factors – including slim budgets, resistance to change from company leaders, and a general underestimation of cybercriminals’ interest – the construction industry as a whole has been slower than average […]

Risks Impacting the Value of Your Construction Company

Business valuations help you understand your construction company’s strengths, weaknesses, vulnerabilities, and market share in the event of its sale. In any valuation, it is important to assess financial risk—income potential vs. vulnerability to disaster. To better measure such risk, consider the following factors: Quality of Earnings How profitable is the company? How steady have […]
October 15, 2018

What’s Your Construction Company Worth?

It is important that you have a comprehensive understanding of the three primary methods used to estimate the fair market value of your company and the eight factors to consider in valuations of a closely held business. Typically, the owner of a construction company works a lifetime to build a business and provide financial security […]
October 5, 2018

Two Methods for Valuing Your Construction Company

“What’s the market value of my company?” is a question business owners often wonder about. However, coming up with an answer is far from easy. To help you make a ballpark estimate of your company’s value, here are instructions any contractor can use. We’ll address two commonly used valuation methods: capitalization of earnings and adjusted […]
September 21, 2018