When you begin planning your exit from the company you founded, these eight tips will help you smooth the way. Succession planning can seem daunting, maybe even depressing for some. After all, planning for someone else to take over after you’ve left the company isn’t exactly the most exciting prospect. But if you’re planning on …
Succession Planning: How to Ensure Your Business Will Thrive Without You Read More »
Incorporated into personal life with tech like Facebook and iPhones, technology is now making its way into business. And the benefits are vast—increased productivity, organization, fast and mobile communication, instant transactions, automated processes and more knowledge and transparency—do I need to go on? That’s why 88 percent of people agree that financial gains can be …
How to stay current in the modern construction environment Read More »
Are you having trouble finding the employees you need to meet customer demand and effectively grow your business? If so, you’re not alone. America is experiencing an unprecedented skilled labor shortage — and it’s preventing a number of home improvement and repair businesses from reaching their full potential. Construction is expected to add jobs at …
The California Labor Commissioner fined a general contractor nearly $250,000 for wage-and-hour violations committed by its subcontractor, and a hearing officer recently upheld those fines. Contractor held liable for drywall subcontractor’s wage theft. This is the first time that the Labor Commissioner has held a general contractor responsible for wage theft by its subcontractor by …
General Contractor Fined $250K for Sub Contractor Wage Theft Read More »
If you properly back up your digital files, they’ll never fade, get lost, feed a fire or float away in a flood. Are you worrying about trusting the cloud with your taxes and other important financial papers? CPAs and other financial professionals know the importance of keeping records, and now the idea is to scan …
Even without knowing its exact definition, you can just tell from the way the word sounds that undercapitalization is not good for your business. Undercapitalization occurs when a business holds insufficient funding — or capital — to support its operations. It is cause for serious concern about a potential major financial crisis for any business, …
Don’t Let Under Capitalization Affect Your Construction Business Read More »
