From the category archives:

Construction / Real Estate

Tips for managing the construction industry credit crunch

by Eric Goodman on July 28, 2011

Even though there are signs of optimism that the construction industry is starting to recover, the true turnaround likely will not occur until the fourth quarter of 2012 or early 2013, William Geisen and Susan Argo of Graydon Head said at Barnes Dennig’s most recent contractor’s roundtable. Due to the slower-than-expected recovery of the construction [...]

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How Contractors Can Navigate Back to Profitability

by Scott Priestle on July 26, 2011

Every contractor is aware of the uncertainty of the construction industry going in, but the challenges facing contractors today are unprecedented. As a construction company owner, you may feel as if you’re attempting to cross a wide, rushing river, and you have no idea how you’re going to get to the other side – or [...]

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Understanding sales and use tax for contractors

by Scott Priestle on July 21, 2011

A note from Tax Managers Cheryl Ganim and Agnes Spoelker:  In an effort to generate more revenue, many state tax departments are focusing attention on self-assessed use tax. It is a particularly challenging issue for contractors, because Ohio Sales and Use Tax rules for construction contracts are becoming increasingly complex. For more information, click here [...]

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Use 2011 property valuation to reduce 2010 taxes

by John Michel on June 9, 2011

Ohio law requires County Auditors to revalue every six years all parcels of real estate within their counties for purposes of real property taxation.  Every third year the values are to be updated by the County Auditors.  Not all Ohio counties are on the same time table for these updates.  This link from the Ohio Tax Commissioner’s [...]

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Construction Client Story: T.J. Dyer Company

by Scott Priestle on February 16, 2011

In its first 100 years, the T.J. Dyer Company helped build a small city of offices, plants, hospitals, hotels and stadiums. Many of Cincinnati’s iconic structures have Dyer craftsmanship in their veins, including the Carew Tower, Great American Tower, Great American Ball Park, Children’s Hospital and the Cincinnati Zoo. The expertise, financial strength and good [...]

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Learn critical trends driving the construction industry

by Scott Priestle on January 25, 2011

Contractors have been working overtime for a few years now, facing the dual challenges of a struggling economy and desperate competitors. Your customers’ buying habits have changed with the times. As you plot your strategy for the coming years, there are multiple factors you must consider: When will the economy improve? Which sectors will feel [...]

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Better days ahead for local contractors?

by Chris Hartle on December 14, 2010

In talking to local contractors in recent months, I have noticed a renewed energy, an optimism that they have endured the worst and will soon see better days. The results of our recent Compensation and Benefits Study suggest the same thing: While many contractors continue to struggle through a shaky economy, many others are cautiously [...]

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Managing Your Construction Business in a Slowly Improving Economy

by Scott Priestle on November 29, 2010

The early stages of an economic recovery can be the most perilous for contractors, who can easily overextend themselves. Contractors best positioned to thrive are those who have taken the lessons of the recession to heart. Surviving the recession doesn’t necessarily mean you’ll survive the recovery. Hiring too soon or taking on jobs beyond your [...]

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