FMI on the Path to Transformation at the Top of the Cycle
In February of 2020, before the coronavirus (COVID-19) pandemic began to affect daily life in the United States, Barnes Dennig, Frost Brown Todd, North Side Bank & Trust and USI Insurance was fortunate to host Jay Bowman, Principal at FMI, to discuss what contractors can do to
Construction Contractor Confidence and Backlogs Strong
According to Associated Builders and Contractors (“ABC”), industry leaders are expecting increases per the Construction Confidence Index (“CCI”) in the following areas of their businesses: Sales Profit Margins Staffing levels The CCI is a diffusion index where readings over 50 indicate growth, and readings under 50 are unfavorable. Visit the
Prepare Your Construction Business for an Economic Slowdown
The upcoming winter season may not be the only reason you’re seeing a decline in new construction projects. Economists are predicting a nation-wide economic downturn in the new year. Just last month, Federal Reserve Chairman Jerome Powell announced the Fed was dropping U.S. borrowing rates by another quarter of a
Solve the Puzzle when Buying, Selling, & Valuing Your Business
In Fall 2019, Barnes Dennig’s Transaction Advisory Services group presented an expert panel discussion tasked with solving the puzzle of buying, selling and valuing a business. The panel was led by moderator Dino Lucarelli, CPA, director and leader of Barnes Dennig’s Transaction Advisory Services group, who has been leading successful
Private Company Relief – FASB Approves Delay of Effective Dates for Changes in Lease Accounting and Credit Loss Accounting
In our previous coverage of the Financial Accounting Standards Board (FASB) proposal to delay Changes in Lease Accounting and Credit Loss Accounting in July of 2019, we reported that the FASB voted in favor of one-year delays in the effective dates for non-public entities. At their most recent meeting in
Ohio’s TechCred program Opens in October to Fund Training
The state of Ohio recently launched its new $30 Million “TechCred” Program, desiring to strengthen Ohio’s skilled workforce by reimbursing employers who help current or new employees earn industry-recognized, technology-focused credentials. Ohio will reimburse up to $2,000 per credential (capped at $30,000 per funding round) to those businesses whose