From the category archives: Business

Business

Realities of Post-Disaster Data Recovery

Data management today requires an enterprise view integrating a company’s increasingly complex and interconnected networks. Data must be construed to encompass all information generated, received, transmitted, stored and retrieved throughout the organization.

Pass-Through Entities Have Highest Tax Rates

S corporations will pay the highest effective tax rate in 2013 at 31.6 percent, compared to 29.4 percent for partnerships, 17.8 percent for C corporations and 15.1 percent for sole proprietorships, according to a study by the National Federation of independent Business and the S Corporation Association.

Treasury Fund Infuses $10 Billion Into Small Business Loans

A report by the U.S. Department of the Treasury found community banks receiving capital through the Small Business Lending Fund (SBLF) increased small business lending by $10.4 billion since the worst of the recession.

Making a National Impact

Nearly 35 years ago, Dan Brodbeck graduated from the University of Cincinnati with a degree in civil engineering and joined the construction workforce—where he found not just a job, but a lifelong passion for the industry. Today, his enthusiasm for the merit shop construction industry remains firmly intact as a small business owner and 2014 national chairman of Associated Builders and Contractors (ABC).

The Impact of Changing Business Formations

When looking to grow a business, it’s important to consider both the advantages and disadvantages of the firm’s existing legal structure. Before making a decision, determine the impact a change will have on current operations, liability and tax obligations.

Do the Math on Older Vehicles

  Each business is unique, and no universal approach to developing a replacement cycle for a fleet of vehicles exists. To ensure vehicles are replaced at appropriate intervals for optimum performance and resale value, a comprehensive cost and replacement analysis will demonstrate conclusively how older vehicles can cost a business a lot more than they’re worth.

Planning for a Successful International Expansion

The reasons for contractors' cross-border expansion range from supporting an existing customer’s request and acquiring a new business to participating in a joint venture and diversifying economic risks from a regional perspective. In any international expansion scenario, several key factors must be considered to improve the likelihood of success.

Reimbursement Can Cost More Than a Company-Owned Fleet

  One reason company-provided vehicles might be more advantageous than reimbursement is the increasing availability of vehicles with smaller, more efficient engines, resulting in lower fuel spend. In addition, some employees that are reimbursed may be driving vehicles that are not very reliable and require frequent repairs that may not be completed by the most qualified technician.

How to Determine If Commercial Clients Are Creditworthy

When it comes to the creditworthiness of large customers or contracts, the evaluation should include reports from multiple credit bureaus, as each one has its own network of reporting companies and its own credit scoring methods. Unfortunately, they also have their own inaccuracies. Using reports from multiple bureaus provides a more balanced and complete view of the prospective client, thereby reducing the risk involved in credit decisions.
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Industry Changes Push AEC Firms Toward Proactive Recruitment
When it comes to recruitment, the AEC industry is grappling with an already...

Gauging the Swing of the Republican Pendulum
As suddenly as the window of opportunity blew open for Republicans by the winds...

Q: What does it mean for your company to be employee-owned?
Employee ownership allows Choate to share long-term success with our employees...

Service Above Self
Two years ago, Gary Neal—an engineer and project manager with MEC Contractors...

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