Tag: Companies
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How Construction Companies Are Replacing CFO Turnover with Team-Based Financial Leadership
In today’s construction industry, uncertainty is a constant. Volatile material costs, protracted billing cycles and razor-thin margins place significant strain on management teams. For many mid-sized subcontractors and GC’s, an emerging challenge is a revolving door in financial leadership – high turnover in the CFO role is creating a dangerous blind spot. Research shows that…
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Henderson Companies Hires New Chief Financial Officer
Henderson Companies is proud to welcome Penny Spence as chief financial officer (CFO). A 27-year finance veteran, Spence will oversee financial operations including budgeting, compliance, forecasting, reporting, and financial planning and analysis strategies for Henderson Companies and subsidiaries Henderson Engineers and Henderson Building Solutions. Spence most recently served as executive vice president – chief financial…
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How should construction companies handle DEI under Trump?
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Attorney Neil C. Schur is a litigator and shareholder in Anderson Kill’s Philadelphia office. He is a member of the firm’s Employment & Labor Group. Opinions are the author’s own. In the wake of President Donald Trump’s…
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How Rope Access Companies Are Changing Commercial Cleaning
Modern cities are filled with tall buildings and impressive structures, all of which need to stay clean and safe. Keeping the outside of these buildings in good condition is a tough job. Older cleaning methods often use heavy scaffolding or big machines that can disrupt daily life in and around the building. This is where…
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Water companies warn of potential hosepipe bans soon
Several UK water companies are taking proactive measures to encourage water conservation as drought conditions persist. While some are considering potential hosepipe bans, others are confident that restrictions won’t be necessary for the time being. These companies are offering valuable tips to help customers save water and avoid future water shortages. You may like Water…
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6 Ways Outsourced Accounting Helps Construction Companies Prepare for Tax Season
Recent findings from Adobe revealed that only one in three small business owners feels prepared for tax season. While filing taxes is an undoubtedly stressful and burdensome task in and of itself, messy and inaccurate record-keeping throughout the year can further exacerbate the stress of tax season. With the scramble of the 2024 tax season…
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Why are water bills so high? Water companies and regulators respond
Are you wondering why your water bill has gone up or why it’s higher than your neighbour’s? You’re not alone. Water and sewerage charges are reviewed regularly, and in 2025, customers in England, Wales and Scotland are seeing further changes to their bills. Here’s what’s going on, what you can do to lower your bill…
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How Job-Costing Helps Construction Companies Improve Their Bottom Line
Business ownership is hard. Grueling hours, financial risk, and constant unknowns are the life of most entrepreneurs. And for what? Most business owners are working harder and harder to grow their revenue, yet making meager profits, if any profit at all. Consider this. Would you rather run an $11 million business that generates $350,000 in…
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Construction and real estate companies can prepare for tax changes under Trump
With Donald Trump back in the White House and Republicans controlling Congress, construction and real estate companies should anticipate significant tax policy shifts in 2025. While the final details remain uncertain until legislation is signed, a unified government is prioritizing broad tax changes—particularly as more than 30 provisions from the Tax Cuts and Jobs Act (TCJA) approach…
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Can Technology Help Construction Companies Do More with Less?
Historically, manual labor, paper-based planning, and ineffective communication have been major pain points in the construction industry. Other common issues, such as inaccurate budgeting, delayed inventory management, and limited access to real-time data, often result in significant financial losses. Conventional approaches have frequently led to missed deadlines, labor inefficiencies, cost overruns, and reduced profitability. However,…