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Essential Bookkeeping Practices For Construction Start-Ups

Randal DeHart

Starting a new construction business is exciting but has its fair share of responsibilities. From saving receipts to processing employee payroll, every money-related detail should be documented. One of the most critical responsibilities is maintaining accurate records of your business transactions.

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Practical Tax Season Tips For Construction Business Owners

Randal DeHart

Tax season can be a bit overwhelming for construction business owners, especially with many things to keep track of in our industry. We know that construction businesses have unique tax considerations that can be tricky to navigate, such as complex accounting and bookkeeping challenges and issues related to payroll and sales taxes.

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Bookkeeping Tips for Construction Businesses

Steve Feinberg

Running a construction business isn’t like running other goods or services-centered businesses. Shifting costs, increased liability, and a job-centric pricing model are just some of the major differences that make contracting a unique business—and unique businesses require a different approach to their bookkeeping.

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The Advantages of Paperless Payroll In Your Construction Company

Randal DeHart

When you think of payroll, you might still envision paperwork and envelopes given to employees by hand. While every contractor recognizes the flaws of using ineffective tools, they may still be losing money due to inefficient payroll tools and processes. As with most things, payroll is going digital – for a good reason.

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Power Up Your Construction Company Payroll Processes

Randal DeHart

Payroll is one of those things that starts quite simple. You build your construction business, hire a few employees, and things tick along pretty well. It’s straightforward enough to keep everything in line at first, but what happens to most companies is that they grow!

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Cost Overruns in Construction Projects And How to Manage Them

Steve Feinberg

Cost overruns in construction projects are exactly what they sound like: You meticulously considered the project, offered a detailed bid, spent time, resources, and capital to complete the work to code and client satisfaction—only to have spent 30% more than you initially planned to when the job is finished.

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Cost Overruns in Construction Projects And How to Manage Them

Steve Feinberg

Cost overruns in construction projects are exactly what they sound like: You meticulously considered the project, offered a detailed bid, spent time, resources, and capital to complete the work to code and client satisfaction—only to have spent 30% more than you initially planned to when the job is finished.