For Construction Pros

Negotiate Bank Fees on a Debt Restructure

In this week's Financial Forum, Mike Farley of EquipOne explains that while most lenders charge fees for debt restructure, they are not set in stone.

Article • January 10th, 2011

Time to Regain Your Balance

Rebuilding the balance sheet for your construction company should be "do-able" in 2011, but calls for a cautious approach.

Article • January 5th, 2011

New Tax Law Extends 100% Bonus Depreciation through 2011

New Tax Law Preserves Bush-Era Tax Cuts, Extends 100% Bonus Depreciation through 2011 and 50% Bonus Depreciation through 2012

Press Release • December 21st, 2010

Six Actions Employers Can Take to Control Runaway Workers' Compensation Medical Costs

Rising medical expenses are driving up workers' compensation costs, and many employers feel that these costs are beyond their control.

Article • December 14th, 2010

GE Capital and JCB Launch Financing Program to Construction Equipment Dealers in U.S.

GE Capital and JCB have announced an agreement to provide financing to JCB's U.S. dealerships; this new arrangement allows them to better manage wholesale floor planning by obtaining more flexible payment terms and increased liquidity.

Press Release • December 13th, 2010

Reduce the Tax Burden on Sold Equipment

The sale of machines from your construction equipment fleet in 2010 may have put you into a taxable position. Here are some strategies to help reduce the tax burden.

Article • December 9th, 2010

Use Bids to Your Advantage

Contractors who want to thrive in today’s construction economy must use project bids as a tool to get in the door and sell the added values of their business.

Article • December 9th, 2010

Margins, Mark-Up & Making Money!

Follow these steps when pricing your next jobs and you will make more money than you are currently because you know the difference between mark-up and margin.

Article • December 9th, 2010

Last-Minute Business Tax Deductions for 2010

There are still several things you can do before the end of the year to claim deductions or take advantage of tax rules that are ending this year.

Press Release • December 7th, 2010

Use the Tax Bill to Your Benefit

The new tax bill reinstates Bonus Depreciation and Section 179 benefits, meaning contractors may be able to offset tax risks.

Article • November 22nd, 2010

Signs of Life -- and Cost Increases -- Ahead

With a modest recovery forecast in 2011, it's time to take advantage of available tax incentives and acquisition strategies to meet construction equipment needs before costs go up.

Article • October 18th, 2010

Should You Increase Your Prices Tenfold?

How to increase your prices and take on larger projects, offering a wider range of options at different price points, without adding more overhead or creating havoc with billing and cash flow.

Article • October 14th, 2010

Open Your Books to Employees?

Over the years various speakers at National Pavement Expo have advocated contractors open their financial records to their employees -- and they immediately face a skeptical audience. The owners in the audience figure "It's my company and they're my...

Blog • October 5th, 2010

What Are Your Options to Finance Equipment?

Rental houses and leasing companies may be an effective alternative for both short-term equipment needs, and for equipment purchase financing.

Article • September 20th, 2010

Time to Restructure?

A few things to think about when considering debt restructuring.

Article • September 2nd, 2010