MLR

Category: Construction

Categories:

With some aftereffects of the recession still being felt, developing more opportunities to bid on projects and winning more of those bids can be essential to your business. Here are some tips on expanding your customer base and winning more bids. (11/23/2015)

Categories:

Two credits are currently available for the restoration of historic buildings – a 20 percent credit for the rehabilitation of certified historic structures and a 10 percent credit for non-historic buildings built before 1936. In both cases, the rehabilitation must be substantial and involve a depreciable building. (11/9/2015)

Categories:

According to some experts, 80 percent of business-to-business sales come through referrals and networking.Are you making an effort to spread the good word about your company at every opportunity? Don’t think of networking as a chore. Think of it as a way to make friends while filling your company pipeline. Here are some ideas.(10/26/2015)

Categories:

The business energy tax credit can provide significant tax breaks to businesses that make certain energy-efficient improvements to buildings. Depending on the type of improvement, the credit can be 30 percent or 10 percent.Currently, these incentives are slated for expiration as of Dec. 31, 2016. What credits are available? (10/12/2015)

Categories:

Anexecutive order was issued in February that dramatically increased the scope of the previous floodplain rules. For new or rebuilt structures using federal funds to be considered “resilient,” a new approach must be used to establish the flood hazard area. See the new options. (9/28/2015)

Categories:

When IRC Code 1031 came under fire in 2014 as part of a comprehensive tax reform package considered by Congress, the question arose, just how beneficial is the rule? A new study examines the long-term and short-term impacts of changes to the provision – and finds some surprising results. (9/14/2015)

Categories:

For a builder, if estimated costs to complete are too low, the balance sheet and income statement will be overstated. If estimated costs to complete are too high, the opposite is true, understating working capital and net income. A contractor’s financial statements are only as accurate as the work-in-process (WIP) schedule. (8/31/2015)

Categories:

If your company is having difficulty finding skilled workers, has a work force moving into retirement, or needs specialized skills in the worker pool, an apprenticeship program may be for you. Apprenticeship programs can help you reduce turnover as well as tap into nontraditional worker pools, such as women in the trades. (8/17/2015)

Categories:

For the first time, Chinese buyers led all other foreign purchasers of U.S. homes, both in number and dollar volume. More than 209,000 homes were purchased by international buyers in the United States last year, totaling $104 billion in sales and accounting for 8 percent of all home sales.(8/3/2015)

Categories:

Technology continues to transform communications and information sharing, enabling construction firms to be more efficient and save money. Phablets, augmented reality, near-field communication and Google Glass are some of the newest technology innovations helping builders. (7/20/2015)