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Why Your Trade-Based Business Needs to Change it’s Hiring Policies Immediately

Apr 16, 2019 10:52:00 AM / by Lee Goudzwaard-Vaught posted in small business advice, landscaping accounting, construction accounting

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We’re in the midst of a construction boom. That’s great news for any trade-based businesses like construction companies, electricians, or plumbers, but here’s the thing -- finding the talent to match the demand during these booms can be a huge challenge for any employer. There are just so many variables to weigh out. How many people can you employ during these booms? Can you keep a consistent level of quality in your work? How will these extra employees affect your bottom line once the boom inevitably dries up?

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Steps for Choosing an Accrual Method of Construction Accounting

Oct 25, 2016 8:58:21 AM / by Brian Paulson posted in accounting methods, construction accounting

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Accrual Methods of Construction Accounting

Choosing a permissible method of accounting for tax purposes for your construction business involves classifying your contracts and business. As your construction business grows and changes, you may benefit from using a different method of accounting. You should review the following three steps every year to ensure that you are using the right method of accounting for your construction contracts.

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