How construction business owners can make succession planning easier
Construction business owners: Do you have a viable succession plan in place for your company? Here are some ways to get started and make the process easier.
News & InsightsHow construction business owners can make succession planning easierConstruction business owners: Do you have a viable succession plan in place for your company? Here are some ways to get started and make the process easier. 3 areas of focus for companies looking to control costsBusiness owners: As you know, controlling costs is both fundamental and challenging. Here’s a look at three specific areas that are getting attention from many companies. Outsourcing HR tasks can help understaffed, overworked nonprofitsWhat factors should your nonprofit consider when outsourcing HR work? We look at benefits and drawbacks of outsourcing, as well as what you need to do to make it successful. How your board should evolve over your nonprofit’s lifeMuch like the nonprofits they support, boards of directors evolve over time. Or at least they should. Learn what nonprofit boards typically look like at different stages of an organization’s life. Auditing warehouse operationsAuditing warehouse operations for inefficiencies can help improve productivity and boost profits. Experienced outsiders may be able to spot potential problems and suggest solutions that you haven’t yet considered. Could a 412(e)(3) retirement plan suit your business?Business owners: If you’re ready to sponsor a qualified retirement plan, and your situation meets certain criteria, the little-known 412(e)(3) plan may be an option. Details here. Bookkeeping provides a solid foundation for financial reportingDo you know the difference between bookkeeping and accounting? We’ll explain why your bookkeeper plays a key role in the long-term success of your business. Profit fade is a persistent threat to construction companiesConstruction business owners: Are your estimating and cost-control processes as good as they could be? If not, profit fade can strike and strike hard. Here are some ways to prevent it. Businesses have options for technology leadership positionsBusiness owners: If your company is increasingly technology focused, it may be time to add a “tech exec” to your leadership team. Here are some options and issues to consider. Even a lower-cost benefits menu can help you attract talentLooking for a recruiting (and retention) edge? Consider spiffing up your employee benefits menu. Many benefits valued by nonprofit staffers are surprisingly low-cost. SECURE 2.0: Which provisions went into effect in 2024?Now is the time to get up to speed on 2024 SECURE 2.0 changes. Here are several to consider. Best practices for expense reportingSubmitting and approving expense reports can be time consuming and tedious for employees and employers alike. What can your business do to streamline its expense reporting process? |
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