Cash flow is one of many unexpected construction accounting challenges in a growing market. As more business and projects flow in, your cash flow can become tight as you extend more of it to service these new customers. Doeren Mayhew’s Houston cons...

If you’re among the baby boomers marching toward retirement, it’s critical that you develop a plan to transition yourself out of your leadership role in your construction company. Succession planning in the construction industry should cover ever...

Business owners are often urged by their financial advisors and CPAs to maintain a strong cash flow. Without a robust flow of dollars, even profitability itself may not keep a company in good standing. But many factors play into this essential goal, ...

Choosing a business structure, or entity, is an important decision that requires owners to consider several factors. The right entity structure depends on your circumstances, which may change over time. Be sure to continue to discuss your changing ci...

As your business grows, you may struggle with when to add key staff, and the accounting function is especially tricky. Often a small to mid-sized business is served well by one combined CFO-Controller function, but as the business becomes more comple...

by Chris Crawford, CCP, CECP, and Josh Henke, CCP, CECP, Longnecker & Associates Compensation is always a hot topic among Doeren Mayhew clients, but especially so in light of the growing gap in workers ages 30 to 50 that’s leaving owners worryi...

The tax advisors at top accounting firm Doeren Mayhew share a handy checklist of top tax and business priorities broken down by month. Download a full copy here, including notes pages for you to customize your monthly priorities. For assistance imple...

Your business is in growth mode, so cash-flow management is no problem, right? The reality is that cash flow can actually be extremely tight during growth periods. For example, if your days’ sales in accounts receivable are at 40 days, and your sal...