Construction firms need financing and bonding to pursue projects, so banks and bonding companies are key constituents in a contractor’s sphere of operation. When the time comes to evaluate a contractor’s financing request, many factors – both quantitative and qualitative – come into play. Among them is overhead.
So, the time is finally at hand for construction firms big and small to embrace Flexible Overhead, right? Not so fast. Today’s employment landscape is vastly different which currently makes Flexible Overhead a risky proposition for any contractor.
Flexible Overhead is an intriguing concept with sizeable benefits—and some equally sizeable risks.
Like any solution or innovation, the concept of Flexible Overhead was born out of a problem.
Respondents from Skoda Minotti’s 2016 Northeast Ohio Construction Industry Survey have ranked healthcare reform as the second-most important political issue affecting the construction industry, right behind material price volatility.
Respondents from Skoda Minotti’s 2016 Northeast Ohio Real Estate Industry Survey continue to feel positive about their industry, though with some degree of reservation about challenges ahead.
Respondents from Skoda Minotti’s 2015 Northeast Ohio Construction Industry Survey were extremely positive about the future of their industry. How do respondents feel one year later about the current state and future state of their industry?
Want to bid on a state construction job? Your business must be drug-free compliant. Here’s how to achieve it.
By now, business owners should have received the Bureau of Workers’ Compensation (BWC) Notice of Estimated Annual Premium Renewal for their July 1, 2016 policy term in the mail. This year in particular, we urge you to pay special attention to this mailing, because it includes your new installment schedule.
Businesses face increasing challenges from ever-expanding tax regulation complexities. It’s exciting, then, when tax professionals like us can dig deep within such challenges and uncover money-saving opportunities for our clients. One opportunity in particular has recently emerged, and we at Skoda Minotti think it merits serious consideration by real estate businesses of nearly any size.