Using Construction Software Equipment Management Tools
New technologies are having an enormous impact on the construction industry. A recent article for Construction World takes a look at their impact on the management and utilization of construction equipment. Equipment management is a feature that some construction software offers. It is a tool that allows users to track key equipment details and scheduling. …..
According to the Fannie Mae housing forecast for 2020, new housing is projected to increase 10% in the United States. That means a busy year for homebuilders. A recent article for Forbes takes a look at housing predictions for the coming year. Some key statistical takeaways include: Residential building permits are at a 12-year high …..
While the construction industry is embracing evolution in some areas—such as technology—it is woefully lacking in others. A recent article for Construction Executive addresses the need for the industry to reevaluate the traditional general contractor/trade partner dynamic that is has been operating with for years. Why is evolution necessary in this area? Since trades and …..
Is Your Construction Business Prepared for an Economic Downturn
Nobody knows when the next recession will occur. Many analysts will make predictions, some right and some wrong. The general consensus is that we can expect a downturn sometime within the next 28 months. Luckily, there are certain steps that construction businesses can take in order to prepare for a recession. Teach yourself to focus …..
Heading into 2020, experts are predicting increased uncertainty in the construction industry. What trends can you expect for this year? A recent article for Construction Business Owner predicts the following. Labor Shortage – This is not a new problem. The construction industry has been experiencing a shortfall of skilled laborers for years. In response to …..
In the wake of the Tax Cuts and Jobs Act (TCJA) of 2017, many nonprofits expressed concerns over how new provisions would cut into charitable giving. In the face of dire predictions and growing worries, one way to remain optimistic is to learn about giving trends. The Nonprofit Marketing Blog recently released a comprehensive eGuide …..
Securing grant funding is a critical task for most nonprofits. As such, writing effective and impactful grant proposals is a big deal. A recent article for business.com offers some helpful tips for improving your grant writing. Choose Grants – Most grants include a number of specific requirements for applicants. Because grant writing is a very …..
Across the board, data is having a big impact on organizations. Nonprofits are no exception. In a recent article for Forbes, seven members of the Nonprofit Council offered key insights on how nonprofits can work to incorporate data into their processes. Think in the longer term, using data analysis to work toward long-term goals. Analyze …..
Nonprofits Increasingly Feel the Impact of the Tax Cuts and Jobs Act
Change is in the air, in the nonprofit arena. The Tax Cuts and Jobs Act (TCJA) was enacted at the end of 2017, but its impact is only just beginning to be felt in many areas. A recent article from The NonProfit Times examines what is in store for nonprofits. Funding – The biggest item …..
Congress Votes to Repeal Burdensome TCJA Provision
Nonprofit leaders are hopeful that a transportation benefits tax included in the 2017 Tax Cuts and Jobs Act (TCJA) will soon be repealed. A recent article published by The NonProfit Times offers helpful details on the subject. The TCJA transportation benefits tax imposed an unrelated business income tax (UBIT) on the expenses that nonprofits accrue …..
In 2020, nonprofits will face many challenges. A recent article published by The NonProfit Times examines five of the biggest obstacles they anticipate for nonprofits this year. Diversity, Equity and Inclusion – Initiatives in these areas have been getting plenty of attention by for-profit companies for some years now. While non-profits do not deal with …..
It’s your time to shine! What is your favorite movie and/or TV show? I honestly couldn’t tell you my favorite movie – I guess it would depend on the genre. Favorite TV show is hands down Friends. What did you want to be when you were growing up? So many things! An actress, a veterinarian, …..
How to Defer, Avoid Paying Capital Gains Tax on Stock Sales
The markets are hitting all-time highs, so if you are thinking of selling stocks now or in the near future, there is a good chance that you will have capital gains on the sale. If you’ve held the stocks for more than a year, then they will qualify for the more favorable long-term capital gains …..
Furniture, Fixtures and Equipment – and Depreciation
When it comes to determining depreciation for Furniture, Fixtures and Equipment (FF&E), there are many considerations that exist for accountants and business owners. Defining Furniture, Fixtures and Equipment FF&E refers to expenses for business items that are not affixed to the building where that business operates. Real world examples of depreciable assets include chairs, desks, …..
With the start of the fourth quarter of 2019 underway, it’s time to see what the Internal Revenue Service (IRS) will expect of filers for their 2019 taxes. The following are a list of major changes that filers need to be aware of: Removal of the Affordable Care Act’s (ACA) Individual Mandate Penalty With the …..
Economists generally determine that the country has fallen into a recession after two consecutive quarters of negative gross domestic product (GDP) growth. Since 1967, the United States has experienced seven recessions. Predicting a recession is a little like predicting a tornado: experts are never exactly sure if or when one will occur, but they can …..
If you work in manufacturing, you are probably aware of the fierce competition that exists when it comes to attracting, hiring, and maintaining a talented workforce. There is a shortage of manufacturing laborers with the talent required to fill open jobs. So what should manufacturers do in order to build a strong workforce? A recent …..
Millennials are rapidly approaching the point where they will make up the largest portion of the US workforce. As such, manufacturers should be considering how to attract millennial sellers to their teams. In a recent article for Manufacturing Business Technology, Pamela Hammers offers some tips for attracting, hiring, and retaining millennial team members. Consider how …..
By nature, supply chains are very susceptible to disruption. This is because an issue in one area rapidly has an impact on other areas in the same chain. While it is impossible to avoid supply chain disruption entirely, there are strategies for preparing for disruption and minimizing its impact. In a rencet article for Thomasnet, …..
Change is tough. In the manufacturing sphere, many executives shy away from implementing change because of the unknowns that it can bring with it. In a recent article for IndustryWeek, Paul Ericksen discusses how executives should embrace change—and not just little changes, but large-scale ones. Ericksen first addresses incremental versus step-function changes. Incremental changes are …..