The coronavirus pandemic forced construction businesses to streamline their processes and operations. As vaccinations increase and the economy reopens, construction firms should be diligent about maintaining the business practices that helped them survive the crisis, writes Cybele Tamulonis in a new article from Construction Executive. The author offers thorough advice that spans from incorporating automation .....
Digital transformation is happening across all industries, and the construction field is no exception. In a recent article from Construction Executive, author Mike Merrill offers a look at how digital transformation is having a positive impact on the construction sector. He describes how new technologies are optimizing in the areas of employee productivity, long-term costs, .....
Incorporating a strategic financial manager onto your construction business team can have a big positive impact on your operations, writes Steve Coughran in a recent article for Construction Business Owner. He offers six key steps that will free this team member up to transform your organization’s financial functions. To learn more about why you should .....
Developing a bonus compensation system for your construction business is no easy task. In a recent article for Construction Business Owner, author Gregg Schoppman examines two popular methods in detail, describing both their benefits and their drawbacks. He then suggests a third method that seeks to make up for the shortfalls displayed by the first .....
It’s your time to shine Who is your favorite author? What is the best book you’ve read? My favorite books are usually about historical events and one of my favorite authors is Bill O’Reilly who writes the Killing series. What is your favorite movie and/or TV show? My favorite TV show is The Office. I .....
The American Rescue Plan Act—a large piece of legislation aimed at continuing the battle against the impact of the coronavirus pandemic—included major changes to the child tax credit. One of the changes—a restructuring to include advance payouts of a portion of the credit—may cause major headaches for divorced parents, explains a recent article from CNBC. .....
After suffering through a year of difficult obstacles brought on by the coronavirus pandemic, the restaurant industry cannot seem to get a break. A recent article from CNBC details the latest burden facing restaurants: severe labor shortages. The staffing difficulties are compounded by the fact that restaurants are headed into a summer busy season that .....
The 2021 tax filing season has taxpayers experiencing significant processing and refund delays. The culprit, according to a recent article from The Washington Post, is an amalgamation of issues faced by the Internal Revenue Service (IRS). From a backlog of millions of unprocessed individual returns to severe staffing shortages to technology issues—all compounded by the .....
Market indicators reveal that investors’ fears are currently focused on inflation, explains Paul La Monica in a recent article published by CNN Money. What recourse is there, given the current set of circumstances? La Monica’s research suggests that investors might consider turning to gold, bank stocks, real estate investment trusts (REITs), and international stocks while .....
It is nothing new to hear that manufacturers are facing a lot of challenges. However, companies in the manufacturing sector are increasingly up against new pressures, in addition to the age-old ones, writes John Clemons in a new article from Forbes. In the face of extreme stress, manufacturers must either figure out new strategies or .....