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The True Value Of Networking To Contractors And The Community

Posted by Sharie DeHart on Fri, Nov 03, 2023

The ability to network is a fundamental part of running a business. Running a business in isolation is difficult, so it helps to have expert partners and acquaintances available to share ideas with.
 
If you're looking to network with construction industry professionals, there are several ways to do so.
 
1. Attend industry events: Look for construction industry conferences, expos, and trade shows in your area. These events often have networking opportunities, such as meet-and-greets or after-hours social events.
 
Conferences are a way to actually meet in person, so the results can be hard to beat. Most conferences have time set aside for networking, allowing you to meet everyone in your niche. More work might involve getting to a conference, but the networking opportunities alone are often worth it. Best results can often be gained by creating a good impression in person, followed by an online contact.
 
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Topics: Leveling Up, Networking, Construction Accountant Who Listens, Contractor Tips, small business connections

Annual Tax Return Pointers For Construction Contractors

Posted by Sharie DeHart on Fri, Mar 06, 2020

Preparing for tax season is a year-round endeavor. Well-organized small businesses are better positioned to minimize their tax bill while avoiding penalties associated with missing or inaccurate information.
 
Tip number one for construction company owners is to update financials every month, using a streamlined software or cloud-based system. This way, come tax time, everything you need is all in one place. 
 
Second - The Profit And Loss Balance Sheet is what Tax Accountants use.
 
The numbers on these reports offer a summary snapshot of your business. They are referred to and reviewed over and over by banks and others.
 
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Topics: Networking, Construction Accounting, Contractor, Contractor Tips, Contractor Operating Tips, small business connections

Contractor Networking - How To Connect With Local Business Owners

Posted by Sharie DeHart on Fri, Feb 28, 2020

Making a few good local business connections can go a long way in helping your construction business grow. Networking can spark mutually beneficial partnerships, lead to new opportunities, and attract more clients through word of mouth.
 
In the age of social media, small business owners may think networking isn't as valuable as it used to be. On the contrary, it's just as crucial for people to get to know your face out and about in the community as it ever was. And fellow business owners are much more likely to refer you once you've met in person or have worked with you in the past.
 
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Topics: Networking, Construction Accounting, Contractor, Contractor Tips, Contractor Operating Tips, small business connections

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