Job costs are the lifeblood of your construction business… and accurately estimating them will determine if a project will make money. Managing job costs across the life of the project will ensure that your firm makes money on every job. Moreover, those job-by-job profits make the office and your executive salary possible. Despite this, some CFOs don’t take job costs seriously. Some see tracking those costs as more trouble than it is worth, while others think that the costs are… Read more ›
Peter B. Reilly, CPA, CVA president and managing partner of CBM – Councilor, Buchanan & Mitchell, P.C., is chairing the committee responsible for developing the Greater Washington Society of CPAs’ 1st Real Estate and Construction Conference. The conference will be held on Thursday, December 14, 2017 at the National Association of Home Builders in Washington, DC. Click here to register. The conference, intended for accounting and financial management professionals in the real estate or construction industries, and representatives from accounting… Read more ›
When business starts to increase, it’s time to dig in your heels a little deeper to turn your firm’s revenue growth into an upward trend — rather than just a good month. Buying or renting a larger facility can help. There are certain key factors to consider when making a decision to expand or consolidate your physical plant operations base. Here are some questions to consider before you start allocating dollars to the plan: Do You Want To… … Read more ›
Call it Green or call it sustainable, whatever term you choose, it identifies a building movement that appears to have become mainstream. This environmentally friendly way to construct involves the architects, engineers, designers and contractors — everyone who has a say in the life cycle of a skyscraper, a home or a renovation. This article looks at technologies used to make buildings sustainable and environmentally friendly.