The Value of Benchmarking
It may seem easy to figure out how well your company is doing – you just look at whether or not you made a profit this month or this quarter. But you need to dig deeper if your profits are erratic or not at the level you’d like or expect them to be. You...
Construction Industry Perspectives: Spring 2017
The April 2017 edition of Construction Industry Perspectives from Hawkins Ash CPAs is now available. Headlines in this edition include: The Value of Benchmarking Factoring Flood Risk on Projects Smart Marketing Strategies for Contractors Creating an Incentive...
Deducting Trade and Business Expenses
Two months ago, you flew across the country and spent five days checking out various types of construction equipment you’re thinking of buying. The month before that, you went to a construction industry convention where you attended several daily workshops...
Tips for Managing Cash Flow
Inadequate cash flow is one of the main reasons businesses fail. Developing an effective cash management program can help you manage your contracting firm’s cash flow and position it for future growth. Here are some suggestions that can improve cash flow. Manage...