Construction business owners at $5M-$10M in revenue face a hidden profit drain that has nothing to do with material costs, labor shortages, or project delays. It's self-employment tax and most contractors are paying far more than necessary. Self-employment tax hits sole proprietors and LLC members at 15.3% on all net business income. On $200,000 in net profit, you're paying over $30,000 in self-employment tax alone before income tax even enters the picture. Every dollar unnec

If your bonding company rejected your application or your bank denied your line of credit, your working capital turnover ratio might be the culprit. This single metric tells lenders, sureties, and investors whether you're efficiently managing your cash or drowning in it. For construction companies operating on tight margins, understanding and optimizing your working capital turnover isn't just good accounting, it's crucial for winning projects and staying competitive. Table o