Hello There!,

Here is our latest issue of the Mashburn Blueprint for Construction Contractors including two useful articles to help you with your company's operations.

As always, Mashburn CPA is here to help you. Contact us when you need assistance.

Thank you.

Paul Mashburn, CPA

Custom Software for Construction Business

Construction business owners are regularly urged to buy the latest and greatest software. But no such tool is perfect. Off-the-shelf products don’t always provide the specific functionality needed or “play well” with other systems.

All this hassle might lead some contractors to consider engaging an outside firm to help them develop a customized solution. It’s an exciting idea, though a potentially costly one as well. Should you invest in custom software for your construction business? Read our blog post for five factors to consider.

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Prevent Profit Fade in Construction

One way for construction companies to improve financial performance is to prevent profit fade. Profit fade is a decline in expected gross profits over the course of a project. There are many potential causes, including overly optimistic estimates, inaccurate job costs, unbillable change orders, unexpected job-site conditions, and unreliable supply chains.

Profit fade is not only a red flag for sureties and lenders, but also a negative indicator regarding the overall financial performance of the business.

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