Change in Lease Accounting Rules Fact Sheet

June 5, 2013

If your company leases or finances equipment, you should be aware of how a new proposal could change the way you account for leases, how it potentially impacts your business and what you can do make your voice heard on the proposal.

White Cap has also acquired Crimson Steel Supply, LLC (Crimson Steel), a distributor and fabricator of engineered steel rebar and structural steel products serving non-residential and infrastructure end markets.

White Cap Expands Reach in Oklahoma, Oregon

White Cap has acquired Bend Construction - a supplier of struts, fasteners, anchors, and concrete accessories and products - and Crimson Steel - a distributor and fabricator of engineered steel rebar and structural steel products.

The Port of Baltimore is used by many of the largest construction machinery manufacturers.

Construction Supply Chain and the Baltimore Bridge Collapse

How much will construction and other supply chains be impacted by the collapse of the Baltimore Bridge and the suspension of traffic through the Port of Baltimore? End users may temporarily face delays and increases.

Emerging technologies and advancements including visual intelligence, sensors, Internet of Things (IoT) devices, robotics, immersive collaboration and 3D printing are surging in popularity among contractors and construction professionals.

Construction Trends for 2024

While the industry will continue to go through transformation like many others, those willing to marry the fundamentals of the craft with new technology and sustainable building methods can continue to experience great success in 2024 and beyond.

Increased demand is great, but operators are now navigating the problem of not having enough people to complete projects on time.

Innovation in Construction Will Help Operators Meet the Challenges of 2024

ESOPs allow sellers to realize the value for their company while retaining legacy and rewarding their employees.

As Billd scales its operations and extends its reach, the company is determined to curate a powerhouse team that will actively ensure that subcontractors have the financial tools they need to succeed.

Billd Adds to Leadership Team

These appointments highlight Billd’s commitment to serving commercial subcontractors at scale, by building a high-performing leadership team to set and execute against ambitious growth goals.

These days, it’s even tough to know what to expect from sales, cost of sales, sales pricing, gross profit percentage, operating costs and operating margins.

What Your Construction Business Numbers Mean in 2024

Prices are up, inflation is up -- how are you planning for your construction business in 2024?

Coast Card Pump

Coast Fuel Cards

The Coast Fuel and Fleet Card helps contractors and rental companies control, monitor, and manage their fleet and business expenses.

The report provides five specific strategies for how businesses can adapt to these new construction labor dynamics.

Construction Labor Report Discusses Constricted Labor Pool

This report analyzes how the labor force has shifted since the pandemic and provides practical strategies for how organizations can adapt.

To help construction employers retain and recruit new talent, technology can play a critical role by offering safer working conditions.

Forward Bound: Reflecting on 2023's Construction Trends, Envisioning 2024

Technology can help provide you with the project reporting requirement to document progress on key performance metrics such as completion rates.

Cat Image

Selecting High Value Construction Equipment

March 14, 2024

Join two industry veterans from Caterpillar to uncover the equipment choices that deliver the biggest bang for your buck.

Everyone will likely pay more in taxes. How much more, and how prepared you are, is up to you.

Long-term Tax Planning for Your Construction Biz

Management needs to spend time with tax experts to understand what their tax position was for the past year, how it looks for the current year, and to see what is on the horizon for the following year.

Adobe Stock 634413471

How to Plan for 2024 & Beyond

Looking forward, contractors must improve productivity by accelerating revenues or speeding up the workflow.

To gain a competitive advantage ahead of legal battles, construction firms navigating these challenges can adopt technology to help streamline the process.

Utilizing eDiscovery in Construction Litigation

The complex landscape of construction-related litigation requires construction firms to think more strategically about how they approach legal matters.

The market for used equipment is vibrant, and a significant majority of transactions happen without lien-related complications.

Navigating Used Equipment Purchases: A Closer Look at Hidden Liens

While most used equipment purchases go off without issue, there is a circumstance that buyers should be aware of, and that’s whether the used equipment in question has a hidden lien on it.

ESOPs give the seller the ability to value the company independently based on free cashflow and not based on bids from competitors.

Why Construction Contractors Should Consider Selling to an ESOP

Garry Bartecki talked with ESOP expert Nathan Perkins about ESOPs, the state of the market, and what is impacting the market and decision-making.

The Contractor's Best Friend Podcast Season 7 Episode 13: Maximize the Trade-In Value of Your Equipment

Brad Humphrey and Caterpillar construction experts discuss how to get the maximum value for heavy equipment when doing a trade-in.

Advancements in ecommerce, inventory management, business intelligence, machine intelligence, and sales and financial forecasting are reshaping the LBM landscape.

Technology is Reshaping What it Means to Run a Lumber and Building Materials Business Successfully

Advancements in ecommerce, inventory management, business intelligence, machine intelligence, and sales and financial forecasting are reshaping the LBM landscape.

Audodesk CEO Andrew Anagnost kicks off Autodesk University 2023.

Autodesk Event Focuses on AI, Interoperability

At Autodesk University, the company announced artificial intelligence (AI) features across multiple construction software products—but the real story may be interoperability.

The ElectriFi Subscription comes with access to Mack’s suite of Uptime services, including telematics and Mack OneCall, Mack’s 24/7 roadside service and more.

Mack Trucks Launches ElectriFi Subscription for MD Electric Vehicles

The ElectriFi Subscription comes with access to Mack’s suite of Uptime services, including telematics and Mack OneCall, Mack’s 24/7 roadside service and more.

Connected Support 3 (1)

Equipment Inventories Are Improving. Now What?

How inventories affect your bottom line and how to mitigate the reduction of asset valuation.

Arcoro is launching its payroll solution to complement the company’s Core HR module, simplifying the payroll process even more for current and prospective customers.

Arcoro Reveals New Partnerships

Arcoro is adding HCSS and ABC Insurance Trust to its network and expanding its partnership with Aktion & Associates. Arcoro is also launching its payroll solution to complement the company’s Core HR module, simplifying the payroll process.

The core features of project financial management are well established and their value to construction projects undisputed.

Lean Construction Plus Project Financial Management Protects Profits

Construction businesses are high-risk endeavors working expensive projects with thin margins.

With the emergence of new construction technologies delivering comprehensive data to contractors, the future of risk management is bright.

How Insurance and Technology Work Together to Greatly Reduce Risk

October 18, 2023

In this session, you’ll learn why good safety programs encompass more than just worker safety, and how safe equipment operation and careful equipment management play a major role in improving safety and reducing risk.

Driving vehicles and operating equipment comes with risk. And others on the road might not share the same commitment to safety as your business.

4 Ways to Protect Fleet Drivers on the Road

Safe driving is about protecting your employees and those on the road. When you make a commitment to hiring safe drivers, you help make the road a better place.

Adobe Stock 250222752 Ed Val

Is There a Lien on That Used Equipment You Are Buying?

Buying used equipment from the original owner makes everything easier, as the paper trail gets more challenging to complete with each previous owner.

Adobe Stock 147469420

Valuing & Selling for Larger Contractors

How companies with more than 25 employees should plan for the future.

Adobe Stock 5229830

Funding Gray Collar Payroll

This Digging Deeper podcast episode features HKA Enterprises explaining what an employer of record bringing a funded payroll can do for construction and contractor businesses.