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Business: Page 242
Business
Cuba to allow construction of private homes
Another good reason to brush up on your Spanish. Cuba has been quietly sending it’s top military and government officials to business management programs in the United States and Europe for the last few years. They’re keeping mum about it, but it doesn’t take much imagination to understand why. Big changes are coming and Cuba could turn […]
January 6, 2010
Business
L.E. Davis named Equipment World Contractor of the Year
It’s official: Harrison, Arkansas contractor Larry Davis of L.E. Davis Construction was named Equipment World’s Contractor of the Year, in a ceremony Saturday night at Caesar’s Palace, Las Vegas. One of twelve finalists in the Contractor of the Year program, Davis was chosen by the magazine’s editors for his thorough, detailed approach to his business, […]
January 6, 2010
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Choosing The Right Tire and Track Patterns for Maximum Productivity
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Business
Homeowners take complaints to state contractors board
Tick off enough people and this is what happens.
January 6, 2010
Business
Construction business owner runs for mayor
Although he’s a late arrival, commercial construction contractor Glen Spencer has entered the race for mayor of Gilbert, Arizona, population 220,000. Spencer threw his hat into the ring as a write-in candidate after another candidate dropped out leaving the race uncontested. “When he did that, I saw an opening. That’s who I am and how I […]
January 6, 2010
Business
Contractor opens online plan room
Architectural and engineering blueprints aren’t cheap to produce. On big projects with dozens of subs getting everybody paper plans can cost a fortune. This North Carolina commercial construction firm has solved the problem by putting their plans online. Subs get a username and password to access the site. Expect to see more of this in […]
January 6, 2010
Business
Tax proposals for next year full of surprises
If you’re a small business person, be advised. And make sure your accountant reads these too. These are still in the proposal stage, But because they  involve business taxes much of this could fly under the radar of the mainstream media, make it into the tax code and substantially raise your tax bill.
January 6, 2010
Business
Write a construction app, keep 70% of the profits
Unless you follow the doings at Apple Corp. as obsessively as my kids do, you may not have realized that the company has invited its customers to write applications (software programs) for its iPhone. If they accept your app, they give you 70 percent of the revenues. What’s that got to do with construction? Nothing until […]
January 6, 2010
Business
Training pays, even in tough times
Training is too often the first thing that gets cut in lean times. That’s not the case though with the Kansas City-based Weitz Company. With 1,150 employees the company remains committed to spending its $2-million training budget and is using a computer-based system to reach employees as far away as Guam.
January 6, 2010
Business
CEOs say stimulus money slow to come
Despite all that shovel ready stuff we heard earlier in the year, a majority of top construction company CEOs say the stimulus bill (aka the American Recovery and Reinvestment Act of 2009) hasn’t done much to boost their businesses.The survey, conducted by the Construction Industry Roundtable and FMI Research found 62 percent of respondents saying […]
January 6, 2010
Business
Courts weigh ‘statutes of repose’ in Texas
How would in affect your business if your company was to be held liable for anything you built…forever? A lawsuit in Texas is currently challenging the legal protection contractors normally enjoy called a statue of repose, which relieves the contractor of any liability 10 years after a project is completed. If the courts agree with […]
January 6, 2010
Business
Tax court rules in favor of LLPs, LLCs
Here’s something to discuss with your accountant before you settle up your taxes next go-around, especially if you own two businesses and one lost money. The Tax Court has ruled against the IRS and said that losses from one limited liability partnership or corporation can be deducted from your salary or investment income in the […]
January 6, 2010
Business
Small business may suffer under Obama
The construction and manufacturing industries are hoping for a few crumbs from the $850 billion stimulus bill. As we documented in the post below, it won’t be much and it won’t stimulate anything except the government payrolls. What’s even more troubling about the lack of infrastructure spending in the stimulus bill is the very real possibility that […]
January 6, 2010
Business
SBA Acts to Thaw Credit Freeze for Small Businesses
President Obama announced two key provisions of the Recovery Act today designed to help small businesses get much-needed capital. Beginning today, SBA is eliminating certain loan fees and raising load guarantees up to 90 percent. sbagov-press-release
January 6, 2010
Business
Stimulus is a Band-Aid for a major problem in-waiting
Get a wound. Cover it with a Band-Aid. For the time being, it takes care of the problem. But if you have an infection in that wound, temporarily covering it with a bandage just temporarily takes care of the problem. That’s what the stimulus plan is doing for infrastructure. Don’t get it wrong- – it’s […]
January 6, 2010
Business
Children of injured highway workers get scholarships from ARTBA-TDF
Children of highway workers killed or permanently disabled on the job will receive financial assistance for higher education from scholarships announced by the American Road & Transportation Builders Association Transportation Development Foundation (ARTBA-TDF).Students from Missouri, Iowa, Maryland, Virginia, Pennsylvania, Massachusetts, Kentucky, Georgia, and New York have been named 2009 recipients of the ARTBA-TDF’s Highway Worker Memorial […]
January 6, 2010
Business
Construction spending sinks to $968.7 billion annualized rate
According to figures released by the U.S. Census Bureau yesterday, construction spending has sunk quite a bit from last year. It’s no surprise considering the current economy, but just how bad is it? The Portland Business Journal reports that construction spending sank to an annualized rate of $968.7 billion in April, 10.7 percent lower than […]
January 6, 2010
Business
Construction safety training now mandatory in Nevada
A new law requires 10 hours of mandatory training for laborers, 30 hours for supervisors.
January 6, 2010
Business
Credit crunch and the small contractors
The financial crisis isn’t just about money changers and politicians. It’s begining to put a squeeze on small business that depend on lines of credit and other financial products. As theirs is a capital-intensive business, small construction companies will likely be hard hit. If your banker isn’t returning your phone calls you might check out […]
January 6, 2010
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