With recent storms causing flooding and wildfires happening nationwide, it’s a very ideal time to implement or revisit the disaster recovery plan for your business. A “disaster” can come in many forms, such as: A fire, flood, hurricane, tornado...

All businesses can benefit from outside advice. But it can be especially valuable to family or closely held businesses, which tend to be more insular. After all, in many cases management is made up of family members and friends who’ve worked in the...

Some construction companies buy and maintain large fleets of equipment. Others choose to lease these assets and, in some cases, purchase select pieces at the end of the arrangement. Still others opt to rent what they need, for only as long as they ne...

Economic downturns can have a tremendous impact on people and businesses. Yet many businesses have managed to grow and prosper during times when others were going under. There are obviously ways to survive in even the worst depths of a recession. Her...

With many industries feeling the impact of declining oil prices, Doeren Mayhew recently gathered a panel of seasoned CFOs from the construction, energy and service industries to share their perspectives on best practices and steps to overcome challen...

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...