This is a Time When Good Numbers Count
Bonding companies are requiring that year-end financial statements are properly prepared within three or four months of your fiscal year end. Some are also requiring that you provide them with some […]
Always Know Your Break-Even Point
Maximize your profit by regularly checking your ever-changing break-even point. Indeed, as the construction market changes, you’ll want to manage your break-even point, or it could come back to haunt you – Big Time! Your break- even point is figured by dividing your Total Fixed Expenses by your Gross Profit Percentage. […]
Banks Are Easing Lending Conditions for Commercial and Industrial Loans
According to a recent report from the Fed, banks have been easing their lending standards and are experiencing stronger demand in most loan categories in the past three months. About half the respondents reported stronger demand for commercial real estate lending. This is good […]
Bad Time to Have a Bad Job
You may desperately need work, but be careful to avoid bad work. You don’t need to be kicked when you are down. When margins are thin for all the contractors, it […]
Fin 46, the Ugly Gift Enron Keeps Giving You
The ingenious folks at Enron used hundreds of dummy corporations which no one seemed to own, to avoid taxes and hide boatloads of debt. The Federal Accounting Standards Board (FASB) […]
Disappointing Jobs Numbers In July Might Force Fed to Continue Quantitative Easing
We only gained 162,000 jobs in July. Unemployment dropped to 7.4% but that was largely from frustrated people giving up on even trying to find a job. According to the government, you aren’t unemployed unless […]
New Construction News: Disney Will Double the Size of Downtown Disney by 2016.
Does anyone remember that quaint, cute little shopping area once known as Lake Buena Vista Shopping Village? It was a quiet evening to stroll through the shops, have an ice cream cone, and look at Legos. My, how time has changed. In 1986, Disney built Pleasure Island to compete with downtown […]
Missing out on projects because your bonding capacity is maxed?
In today’s bonding market, many surety companies are tightening up their underwriting considerably, and are extending less surety credit than ever before. They are less willing to stretch, even when it makes sense. Florida Surety Bonds has strong relationships with the best surety companies and represents over 600 contractors […]
The Winning Edge is often an Intangible we call Heart.
You’ve gotta have heart! Your prospective bond agent can have experience, fancy cars, technical skills, equipment, pricing, computers, fancy software, and more. The bonding agency can represent over 30 surety companies, over 600 contractors, and have a couple of offices […]
Need a Bond Under $750,000?
There are several fine sureties that can provide a bond for you under $350,000 if you have clean personal credit. No need for expensive CPA statements or all the other paperwork sureties normally require. If you are looking for standard bonds under $750,000 and have good credit, there a […]