Not a New Idea, but A New Trend – Employee Stock Ownership Plans
- Documentation
- February 27, 2024
By Patrick Hogan, handle.com Small subcontractors face a unique challenge in large commercial construction projects—big opportunities come with big risks. Long payment cycles, retainage withholding, and contract terms designed to protect general contractors and developers can make cash flow unpredictable. Without a solid strategy for managing payments, small businesses can quickly find themselves struggling to
READ MOREBy Jack Biltis, eBacon Navigating certified payroll can feel overwhelming for small construction businesses, especially when pursuing government-funded projects. However, with the right strategies and tools, subcontractors and specialty trade contractors can simplify compliance while unlocking the benefits of lucrative government contracts. This article explores the essentials of certified payroll, common challenges faced by small businesses, and actionable strategies
READ MOREAnthony Perera, Exuma Capital Partners The construction industry stands at a crossroads where traditional practices meet new technology practices. From remote video inspections to project management platforms streamlining processes, these innovations are changing how contractors operate. These advancements address longstanding challenges such as regulatory compliance, project efficiency, and adapting to evolving market demands. Contractors who
READ MOREBy Dan Doyon, Maxim Consulting Group As someone deeply engaged with the construction industry, I have witnessed firsthand how this sector continuously evolves, adapting to the relentless flow of technological, regulatory, and economic changes. Looking forward to 2025, subcontractors will find themselves navigating a landscape not only in the midst of economic recovery but also
READ MOREBy Grace Uwizeye-Allen, Graceful Etiquette In today’s workforce, diversity goes beyond demographics like culture, gender, or education—it also spans generations. With Baby Boomers, Gen X, Millennials, and Gen Z often working side by side, the modern workplace is a vibrant mix of perspectives, experiences, and expectations. This generational variety presents unique challenges, but it also
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