Construction Contractors

Construction Contractors

At BSB Partners, we bring decades of collective experience serving general contractors, specialized trades and commercial developers primarily in Northeast Ohio. We understand the accounting, tax and business issues unique to the industry. More importantly, we enjoy the relationships with our construction clients and business partners in the industry that work with us to serve them. We take our role seriously and work diligently to help our customers refine their business model and overcome the challenges and capture the opportunities they face each day.
 
Our approach to serving our contractor clients starts with understanding their needs. In addition to assisting with financial reporting and tax compliance, we often find that our contractors expect much more. For example, business owners of construction firms want us to dig in help them better understand their cost structure. Are they properly capturing all their burden costs when estimating projects? Are the correct metrics being used to measure performance in their business? Our clients often seek our input concerning the human capital component of their business. Do they have the “right” people on the bus? Is there a better way to compensate and motivate their employees? Contractors will also ask us to reach into our network to help them retain an attorney to assist with labor issues or a bonding agent to help secure a surety program. Whatever need arises, we are ready to step in and help get things done.

Some of the specialized services we provide to our construction clients include:

  • Financial reporting
  • Bonding capacity analysis
  • Assistance with bank financing
  • Budgeting and forecasting
  • Cash flow projections
  • Job costing
  • Business valuation
  • Business process improvement
  • DOT (Department of Transportation) Certification
  • Burden cost analysis
  • Joint venture accounting and reporting
  • Claims reporting
  • Construction litigation and support services
  • Business continuity planning
  • Construction software selection
  • Tax accounting methods
  • State use tax consulting
  • Outsourced CFO services
  • Executive coaching

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