Business
Manage Direct and Indirect Job Costs to Improve Profit Margins
Every project has direct and indirect costs. Direct costs include material, labor, equipment and subcontractor costs. Indirect costs include project and and general overhead.
By Donald J. Kaiser
November 29, 2019
Topics
Business
by Donald J. Kaiser
Donald J. Kaiser, CPA, provides accounting, audit, tax and IT consulting services to McCarthy & Company, PC’s diversified base of medium-to-large construction clients. Don makes it a point to thoroughly know his clients’ business and industry so he can make recommendations that are in alignment with their goals. Construction Executive included the firm on its 2019 list of Top 50 Construction Accounting Firms.
Related stories
Business
'Ladies and Gentlemen, This Does Not Mean Recession': Anirban Basu on State of 2025 Q3 Construction Economy
By Construction Executive
Basu's newsletter stated that construction has been in contraction for 14 months, so why does he seem relatively upbeat this quarter?
Business
Prioritizing Success: Succession Planning Beyond the Company Walls
By Steve Albart
A good succession plan looks not only at what the business owner wants and needs to maximize value and create a cash windfall, but also seeks to determine what is best for employees at all levels and what is best for customers, suppliers and other partner organizations.
Business
Operation Preparation: Industry Experts Speak on Disaster Prep and Recovery Efforts as Hurricane Season Comes to a Close
By Grace Calengor
Water is one of the most destructive sources on the planet—natural or manmade. Oftentimes, the construction industry has to learn the hard way—after disaster strikes—how best to address that disaster in the future. This year, preparation is priority.