Contractor insurance can protect your business in case of lawsuits and other claims. It’s usually a package of policies. Many, or all, of the products featured on this page are from our advertising ...

One major struggle that most contractors face is an ongoing challenge of deciding how to categorize the workers they hire. Should they be deemed employees or contractors? Unfortunately, the answer to ...

Good team members can bring new ideas and motivate other employees to work hard. As a business grows, a very important decision it faces is whether to hire employees or outsource tasks and ...

Selling an HVAC business isn’t just a financial milestone. It’s a legacy moment that reflects your leadership and the culture ...

There are many paths to entrepreneurship, and for some aspiring business owners, becoming an independent contractor is a natural first step. But what exactly is an independent contractor, and how do ...

Owners, too, face peril. Terminating a contractor invites the “capital punishment” of construction and brings with it protracted litigation, as the fallout — damaged reputation, eroded bonding ...

An employer is required to withhold income, Social Security and Medicare tax from their employee’s pay. They also pay half of the employee’s Social Security and Medicare taxes. At the end of the year, ...

Prompt payment statutes are laws enacted at the federal and state levels that set specific deadlines for payment and limit the amount of retention that can be withheld on construction projects. These ...

Today, a one-person concrete contractor has access to more sophisticated business technology than the multi-country construction conglomerate had not that many years ago. And the largest concrete ...

NEXT reports on tips for winter construction, emphasizing planning, safety, and diversifying services to maintain income ...

Amy Nichol Smith spent more than 20 years working as a journalist for TV and newspapers before transitioning to software and hardware product reviews for consumers and small businesses. She has been ...