Handling Talent Shortages in Tech Departments
Handling Talent Shortages in Tech Departments Technology advancement has brought about great digital transformation. Unfortunately, this has come with a global tech talent shortage. IT executives highlight the shortage as a huge barrier to the adoption of emerging...
Top Reasons New Businesses Fail
Starting a new business is an exciting venture filled with potential and promise. However, the road to success is fraught with challenges, and many new businesses struggle to survive. According to the U.S. Bureau of Labor Statistics, approximately 20% of new...
Bookkeeping challenges for Construction Companies
Running a construction company comes with its own unique set of challenges, and bookkeeping is no exception. The dynamic nature of construction projects—where costs, timelines, and labor can change at the drop of a hat—makes accurate bookkeeping essential yet...
Tax Planning Strategies Every Business Owner Should Know Before Year-End
As the year draws to a close, business owners should focus on more than just wrapping up their annual goals and planning for the next year. It’s also the perfect time to take proactive steps to reduce your tax liability and maximize your financial efficiency. With the...
Solving Business Challenges with Data: How Advanced Analytics Can Drive Growth
Analytics an Ultimate Game Changer In today’s fast-paced business environment, staying ahead of the competition and making informed decisions can be challenging. Many businesses struggle with understanding their data, which can lead to missed opportunities,...
10 Reasons Why Most Small Businesses Plateau and How to Overcome Them to Scale Successfully
Running a small business is no easy feat. Many entrepreneurs experience rapid initial growth, but then hit a plateau that feels impossible to break through. Scaling a business requires a different mindset, strategy, and approach than starting one. Below, we'll explore...
Efficient Construction Bookkeeping: Secrets Revealed
If you’re here, you’re probably bogged down by a messed up accounting function in your construction company. Effective construction bookkeeping is essential for builders and contractors (like you) to manage the complex finance of your projects. Accurate tracking of...
Revenue Recognition in Construction Accounting: Simplifying Compliance with ASC 606
When and how to record revenue is the primary obstacle construction companies face when creating reports that accurately reflect the company's performance. Unlike many other industries, construction projects tend to be lengthy, complex, and vast, with a range of...
How to Implement a Job Costing System: A Step-by-Step Guide for Construction Firms
The task of building various projects within a limited budget and yet find a way to make profit is always daunting for construction industry. A robust job costing system needs to be implemented to properly track expenses, release resources efficiently and to...









