Specialty Contractors

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The Numbers That Matter to the People Who Matter

Jul 01, 2017

As CFMs, we’re all used to providing financial information to third-party users. However, are the...

Specialty Contractors Budgeting & Planning
The Need for Good Data

Oct 03, 2016

Contractors have historically relied on basic data when prequalifying partners: financial stateme...

Specialty Contractors Budgeting & Planning
Key Succession Planning Steps for Contractors

May 01, 2016

For many contractors, succession planning is a crucial yet often overlooked or delayed conversati...

Specialty Contractors
The Operational Model for Modular Construction

May 01, 2020

In the modular and industrialized environment, the four steps of data quality management (DQM) – ...

Specialty Contractors Workforce Building Profits
The Battle Within: The Surprising Key to Winning WIPs

Oct 01, 2018

The Battle Within: The Surprising Key to Winning WIPs

Specialty Contractors
It’s Time to Stop the Pain: Preventing Overexertion Injuries

Jan 22, 2021

In the construction industry, overexertion injuries form a serious and growing problem affecting ...

Specialty Contractors Budgeting & Planning Human Resources Building Profits Risk Management
Dawn Peer Group – Strategies to Improve Subcontractor Cash Flow

Jul 01, 2017

More than 100 attendees woke up early to learn and share cash flow improvement strategies during ...

Specialty Contractors Budgeting & Planning
Killer Subcontract Clauses: A Conference Session Recap

Jul 01, 2017

Following Chairman Samantha Hutchison’s inspiring speech on Monday, June 4 at CFMA’s 2017 Annual ...

Specialty Contractors
Expert Panel Shares Best Practices for Running a Profitable & Efficient Service Department

Jul 01, 2017

Many specialty trade contractors have service operations that augment their construction business...

Specialty Contractors
H-2B Visa Program: A Primer

Mar 01, 2017

Although the construction industry unemployment rate is declining, a severe shortage of skilled w...

Specialty Contractors
10 Tips on How to Handle Cost Plus Contracts

Mar 01, 2017

Over the past decade, our company has seen a greater share of work authorized using a cost plus a...

Specialty Contractors
The 4Cs of Construction Credit Evaluation

May 01, 2018

In a scene from “Diamonds are Forever,” Sir Donald Munger revels in James Bond’s lack of expertis...

Specialty Contractors Residential Contractors
Primer on Contractor Tax Deductions for Car & Truck Expense

Nov 01, 2019

Since contractors invest in and use many types of vehicles, including cars and trucks, maximizing...

Specialty Contractors Taxes Building Profits
Leveraging Kotter’s 8-Step Model of Change – Part Two

Feb 01, 2020

In the last edition, we shared how logic alone is not enough to win most over to the new directio...

Workforce Specialty Contractors
Progress on American Infrastructure Remains Slow

Feb 01, 2020

One would think that Washington’s policymakers would have the wherewithal to deal with something ...

Economy Specialty Contractors
Cruel To Be Kind?

Sep 01, 2020

The National Bureau of Economic Research (NBER) recently announced that the recession began in Fe...

Specialty Contractors
Best Practices to Prepare for the Recovery

Sep 01, 2020

The construction industry will be one of the many sectors hard-hit by the impacts and disruptions...

Specialty Contractors
Cash Flow for Subcontractors: A Letter from a 59-Year-Old Accountant to His 29-Year-Old Self

Sep 01, 2020

Dear 29-Year-Old Ted, Cash is King. Subcontractors rarely go out of business because they have l...

Specialty Contractors Accounting
CFMA 2020 Virtual Conference Specialty Trade Track Recap

Sep 01, 2020

The CFMA Virtual Conference was held June 22-26. On Thursday, June 25, James Benham presented a ...

Specialty Contractors
Cash – The life Blood of the Sub-Specialty Trade Contractor

Sep 01, 2020

Cash is a sub-specialty trade contractor’s most valuable asset. As CFMs, we learn this early in o...

Specialty Contractors
Don’t Waste the Recession: Why Now Is the Time to Reassess Your Business

Dec 01, 2020

Prior to the COVID-19 pandemic, the economy was booming at a significant pace with record low une...

Specialty Contractors Budgeting & Planning
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