Whether your business is booming as part of an industry thriving in today’s economy or suffering as part of a sector affected by the oil slump, cash flow can be an ongoing challenge. For growing businesses, cash can actually be extremely tight as y...

Ready or not, a new year is here. As your construction business looks to make it a successful one, consider these five best practices for optimizing your financial position. Are you taking advantage of all the tax savings opportunities available to y...

As raw material and transportation costs continue to climb, many distributors are encountering price increases from their suppliers. Waiting for prices to stabilize isn’t an option for businesses feeling the pinch of these increases. Before decidin...

The fall is a critical time for looking at your business and making adjustments before the new year. In addition to the tasks of tax planning and budgeting, strategic planning should be on the fall to-do list for your business. Effective strategic pl...

As a business owner of a mid-sized company, should I consider having an advisory board? Whether large or small, companies are constantly challenged by the operational and financial facets of navigating their business. Establishing a strong board of a...

by John Scollin, Shareholder, Business Advisory Group If you waited to file your tax return until April 15, you may have been shocked to learn the IRS rejected your return because it was already filed. As panic set in you began to wonder how this co...

With oil prices still unstable, I’m concerned about a drop-off in business. What should I be doing now to prepare for a potential downturn? The answer is to run some scenarios. You want to determine if you have enough cash flow to operate during a ...

It’s critical contractors stay on top of their bottom lines. That, of course, will require you to fully understand what a hit to your profitability can do to your construction company. Here are some key items you simply can’t ignore if you want t...