Construction

Residential and Commercial Real Estate Update

May 10, 2023

Depending on the type of construction your company does, it’s always valuable to understand what’s going on with real estate so you can consider implications on your strategy and business and make adjustments to plan accordingly. Norada Real Estate Investments recently issued its 2023 New York Housing Market: Prices, Trends

Are You Prepared for a Credit Crunch?

April 7, 2023

During Covid, more money was pumped into the economy than ever before. Now, liquidity is being removed from financial markets faster than ever before thanks to the Federal Reserve. Among the many other potential effects is a tightening of credit in the marketplace, which may hinder business’ growth opportunities. While

Storm Alert: How to Protect Your Business’ Finances

March 8, 2023

A bomb cyclone hits leaving snowfall that’s measured in feet instead of inches, bringing down powerlines and trees that will keep area businesses closed for days and possibly weeks. A fire at a nearby building creates hazardous conditions for the surrounding area, resulting in officials making nearby offices off-limits until

Qualify for Higher 179D Deductions Starting in 2023

February 9, 2023

More opportunities to take enhanced deductions under 179D are here. Make sure you understand changes and what you need to do – in terms of prevailing wages, apprenticeships, and recordkeeping – to maximize deductions. Key changes now in effect include: Minimum energy savings required has been reduced from 50% to

Wrapping Up 2022 with an Eye Toward Succeeding in 2023 and Beyond

January 13, 2023

In construction, year-end closing is a misnomer. That’s because the actions you take not only impact your 2022 books, business results, taxes, and financial statements. They can also inform your business strategy for the year ahead, while putting you in the best position for year-end close 2023 and beyond. What

How Drones Are Changing Construction

December 15, 2022

What’s keeping you up at night? If you’re like most construction company owners, the following are probably somewhere on your list: labor shortage, financial environment, procurement and the supply chain, project progress, worker safety, managing cash flow and costs, and more. Have you ever considered that drones – yes, drones

General Contractors Face New Liability Scrutiny for Wage Theft by Subcontractors

December 1, 2022

The New Year brings with it new opportunities for growth, new projects to begin, and also, new laws to follow. In 2021, New York State passed legislation that went into effect earlier this month, which shifts liability to general contractors for wage theft cases on private construction projects. Up

Does Your Company Need a Mentor Program?

November 30, 2022

Mentoring was once reserved for building senior leadership talent pipelines – not anymore. Today, over 70% of Fortune 500 companies make mentoring a fundamental part of their recruitment, retention, and engagement strategies for many employees. The fact is, when done right, mentorships can be a win-win, and their resurgence couldn’t