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Financing, Insurance & Leasing
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.
Financing, Insurance & Leasing
Why Construction Contractors Should Consider Selling to an ESOP
The Contractors Best Friend
The Contractor's Best Friend Podcast Season 7 Episode 13: Maximize the Trade-In Value of Your Equipment
Business
Technology is Reshaping What it Means to Run a Lumber and Building Materials Business Successfully
Construction Technology
Autodesk Event Focuses on AI, Interoperability
Financing, Insurance & Leasing
Mack Trucks Launches ElectriFi Subscription for MD Electric Vehicles
Recommended
Business
Bobcat Expands CTL, Skid Steer Manufacturing Footprint With New Factory
This new location was selected after extensive review and consideration of expansions at existing Bobcat locations, along with the potential for new developments at locations across the globe.
Business
3 Construction Trends You Can’t Ignore: Why a Former Congressman Sees a Building Revolution Coming
Soaring home prices, the nation’s most expensive property insurance market, high interest rates and increases in construction costs are all contributing to a housing affordability crisis in a state that cannot keep up with the demand.
Business
Construction Adds 16,000 Jobs in September
Several economic indicator reports relevant to the construction industry were released today, helping to paint a picture of the outlook moving into the fourth quarter of 2023.
Latest
Business
Equipment Inventories Are Improving. Now What?
How inventories affect your bottom line and how to mitigate the reduction of asset valuation.
Business
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.
Financing, Insurance & Leasing
Lean Construction Plus Project Financial Management Protects Profits
Construction businesses are high-risk endeavors working expensive projects with thin margins.
Webinars
How Insurance and Technology Work Together to Greatly Reduce Risk
October 18, 2023
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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.
Construction Safety
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.
Financing, Insurance & Leasing
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.
Financing, Insurance & Leasing
Valuing & Selling for Larger Contractors
How companies with more than 25 employees should plan for the future.
Digging Deeper
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.
Business
Contractor Lessons from the Game of Golf
Golf has a lot in common with construction. It is very much a game of skill, and risk versus reward. Here are some takeaways that contractors can learn from the game of golf.
Financing, Insurance & Leasing
3 Ways Small Business Owners Can Improve Their Chances of Receiving a Loan
It’s important that when that moment comes, small business owners in any industry, but especially construction, put themselves in the best position possible to be able to receive the financing they need.
Financing, Insurance & Leasing
Top 5 Unfunded Liabilities That Add Risk to Your Construction Business
No matter how you approach potential setbacks, it is crucial to develop a comprehensive risk management plan encompassing conventional insurance as well as alternative strategies for risk mitigation.
Business
Time to Decide How to Grow Your Construction Business, Value
Using technology for your business improves the bottom line and decreases your time using pen and paper.
Equipment
Navigating the Shift to the Electrification of Construction Equipment
With sustainability at the forefront, manufacturers are providing electric options for contractors.
Business Services
What Is A Funded Payroll?
One of the largest expenses for any construction company is payroll. Among the benefits from an Employer of Record, let's go over what a funded payroll service is ... and what it can do.
Financing, Insurance & Leasing
MX Build Launched at CFMA
With its Smart Pay feature, MX Build helps construction companies streamline payments and automate tedious work like lien waiver management.
Business
Improving Construction Profitability in a Tight Market
Industry expert Garry Bartecki talks about the role of technology in profitability and construction business success.
Business
Equipment Finance Confidence Up in June
The Equipment Leasing & Finance Foundation released the June 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today.
Business
The Agony of Idle Equipment on a Construction Jobsite
Poor controls cost you money two ways; loss of work and increase in costs.
Concrete Equipment & Products
Dust Off Your Jobsites
Concrete dust from sawing and drilling can present a hazard — but only if you let it.
Business
How to Handle Construction Equipment Spending in 2023
Business owners need to be careful with their spending and managing their balance sheets during 2023, to avoid the pitfalls of inflation and overspending.
Rental Business
Equipment Leasing & Finance Foundation Releases Economic Report
Equipment and software investment growth slowed in early 2023, resulting in the Equipment Leasing & Finance Foundation lowering its annual forecast for investment growth to 1 percent.
Business
Tax Alert: Bonus Depreciation is Being Phased Out In 2023
The popular tax deduction begins a phase-out in 2023. What does this mean for construction companies?
Business
Inexperienced Worker Conundrum: Help Protect Your Employees and Your Bottom Line
How green are your workers? Protect your construction business from business issues related to injuries and accidents.
Financing, Insurance & Leasing
Managing Late Payments with Digital Tools
By adopting digital tools that manage financial information in the most efficient and effective ways, builders can lay a solid operational foundation to enable them to survive – and even thrive – during economic volatility and achieve long-term success.
Financing, Insurance & Leasing
4 Signs Your Business is Ready to Offer Financing Options
Financing allows customers to make necessary home repairs on a budget. It also helps them tackle larger projects and upgrade to higher-quality products.
Business
Year-Round Tax Strategies to Increase Construction Business Success
Use this starter checklist for year-round tax preparations to establish long-term growth and sustainability for your construction contractor business.
Business
Consider the Construction Equipment Financing Options Available
There are contractors and rental companies needing to upgrade their fleets with either new or late model used equipment. Many of you reading this are probably in this situation; figuring out what you may need, what you can sell off or trade-in, etc.
Business
Ways to Improve Construction Workforce Productivity in 2023
No matter what size your company is, you have to assume competitors are looking for ways to improve productivity and leaving you in the dust.
Financing, Insurance & Leasing
Construction Companies Can Advance by Being Cautiously Bullish in 2023
To combat economic challenges, the industry must leverage innovation and the recent three landmark pieces of U.S. legislation to mine the opportunities, while maintaining a healthy cautiousness as economic downturn looms.
Business
Fix Construction Payments and Reduce Risk in a Tough Economic Climate
Unfortunately, according to PwC, the construction industry has a sales outstanding average of 51 days—the longest of any industry in the country—which is largely the result of relying upon inefficient processes to handle complex requirements.