The U.S. Department of Labor has regulatory and investigatory authority under the Employee Retirement Income Security Act of 1974 (ERISA), and through its Employee Benefits Security Administration (EBSA), works to ensure “the security of the retirement, health, and other workplace-related...

Winning a major construction contract is a game-changer—and publicly funded builds can put you on a steady growth path. Public infrastructure, school districts, transit systems, and civic facilities offer a structural advantage over private builds: financial security. Backed by tax...

Most people who start estate planning begin with a simple question: How do I make sure my family is taken care of when I’m no longer around? A standard will is usually the first thing that comes to mind, but...

When growing a construction firm, and adding larger, more complex projects, it’s realistic to anticipate that more complex disputes are a possibility too. Since litigation turns out to be costly and disruptive to relationships, reputations, and the bottom line, mediation...

If you’re a small business construction contractor looking to scale your operations, you already know that growth requires moving toward bigger, better-paying, and more prestigious projects. However, stepping into the big leagues requires a larger financial footprint—specifically, an increased bonding...

Bringing in the right subcontractors, for the right work, at the right time, can be game changing for your construction business. But, things can always go south on a build, so never, ever, go without a written contract. Verbal agreements...

An “out with the old, in with the new,” mindset has never been an effective way to run a business, and this is especially true now, with four generations in the workforce. Given the chronic labor shortages in construction, it’s...

When done well, automating the accounting tasks involved in running a construction business can certainly result in efficiency gains. Here’s the hitch though: a lack of understanding about your financial operations, and errors in your current approach, will gunk up...

A straightforward approach to key performance indicators (KPIs) enables business owners to consistently make informed decisions. When we rely on intuition (or flip a coin), we may get lucky sometimes, but for sustainability and growth, establishing and using sensible KPIs...

Though record high numbers of women have been taking on construction jobs, they are still generally underrepresented in the field. As data continues to highlight painful shortages of skilled laborers, the imperative for diversification remains strong. Fortunately, there is good...