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Construction

Are You Succeeding? Do the Math

Are You Succeeding? Do the Math

All you have to do to run a successful construction business is turn a profit, right? Well, that’s easier said than done, especially when you consider the many challenges confronting construction firms today.  Inflation, soaring fuel prices, and unreliable supply chains are just a few of the bigger challenges that
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Tips to Address Top Construction Challenges in 2022

Tips to Address Top Construction Challenges in 2022

“It was the best of times. It was the worst of times.” It was as if Charles Dickens was writing about the construction industry in 2022 when he penned these infamous words. On one hand, the industry is looking at its single biggest cash infusion of all time. With the
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Connect Construction with Digital Solutions to Propel Growth in 2022 and Beyond

Connect Construction with Digital Solutions to Propel Growth in 2022 and Beyond

Optimism is high about construction industry prospects thanks to the Infrastructure Investment and Jobs Act. There are going to be more jobs, opportunities, and investments. Before partaking in the coming construction boom, businesses must prepare to navigate some storms; digitalization of the construction industry can help. On one front, supply
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Get Ready to Bond: Prepare Financial Statements for the Building Boom

Get Ready to Bond: Prepare Financial Statements for the Building Boom

While waiting for Infrastructure Investment and Jobs Act (IIJA) projects to get underway, it’s a good time to consider whether your construction company can and should get bonded for upcoming projects and, if so, to get your financial statements in order. The construction industry is facing one of the most
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Getting Clarity on New York Marijuana Laws

On March 31, 2021, New York State approved the Marijuana Regulation and Taxation Act (MRTA), making adult use of cannabis legal in the state. In October, the New York Department of Labor issued new guidance on adult cannabis use and the workplace, which covers all New York state employers. Here
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Mitigating Commodity Price Swing Risk

Mitigating Commodity Price Swing Risk

Just when there was light at the end of the proverbial tunnel and it looked like COVID-spurred commodity price swings were settling down, in comes inflation and a war, driving prices and uncertainties in the construction industry to unprecedented heights once again. As reported on Nasdaq.com regarding the war in
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Prepare for the Infrastructure Construction Boom

Prepare for the Infrastructure Construction Boom

Over the next five years, the Federal government will invest $1.2 trillion to overhaul and upgrade aging roads, bridges, railways and railroads, airports, water systems, broadband, the electricity grid, and a lot more. What can you do now to prepare to ensure you and your firm are ready to take
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Hudson Valley Construction: Get Ready to Get Building

Hudson Valley Construction: Get Ready to Get Building

2022 didn’t get off to a great start, with yet another COVID surge in year three of the pandemic, which continues to impact everything from health care to supply chains. It’s not easy finding a silver lining, but the Bipartisan Infrastructure Bill signed into law last November offers more than
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Merger Announcement

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