Even without knowing its exact definition, you can just tell from the way the word sounds that undercapitalization is not good for your business. Undercapitalization occurs when a business holds insufficient funding — or capital — to support its operations. It is cause for serious concern about a potential major financial crisis for any business, …

Don’t Let Under Capitalization Affect Your Construction Business Read More »

Broker Fees – Always Ask About Xtra Fees You Are Paying: Insurance Brokers Charge Brokers Fees and these fees can be negotiated. Fees range from $500.00 to several thousand dollars depending on your broker. Tip:  Ask your broker what additional fees you are paying.  The Contractors Resource Center never has and never will charge fees. …

5 Insurance Secrets Insurance Brokers Don’t Want You to Know Read More »

Important: Beginning July 1, 2017, the IRS will begin penalizing employers who reimburse their employees’ purchase of individual health insurance policies. If an employer continues to reimburse employees for purchasing health insurance on their own, that practice could garner penalties of $100 per employee per day, up to $500,000. Discover your options today. Our health …

ObamaCare Penalties Start on July 1 – Are You Prepared? Read More »

We have a strict no visible tattoos policy as we work with a very conservative population. We hired a new employee recently, and when he reported to work today, he was wearing the company-mandated short-sleeved shirt revealing heavil y tattooed lower arms. Can we rescind our offer of employment? Tattoos do not typically fall within …

Visible Tattoos, Other Dress Code Issues Arise in Warmer Weather Read More »

  It’s not uncommon for businesses to want to know how to market their website in a more effective way. Mobile marketing is one of those ways, but some webmasters are putting the cart before the horse. Mobile Optimization Your website must be mobile friendly to reach your target—no matter who they are. Having a …

What Contractors Need to Know About Mobile Web Design Read More »

Subcontractor risk management is unique because of their place in the construction money chain. Contracts are the primary way risks get managed in construction. For subcontractors, the risks often flow down to them. If they aren’t careful about the risk they take on, they can get overwhelmed very quickly. That’s why subcontractor risk management is …

Real World Tips on How To Manage Risk with Subcontractors Read More »