Carmon Wilson’s Post

Failing to plan is planning to fail. Often times the smallest project could wind up costing you a lot more than it should to finish the work. This is a good reminder to set aside time, resources and set clear expectations for every project.

It's a great time to be in the Surety industry. The NASBP's State of the Surety Industry Survey reported that 80%+ of companies exceeded their premium and profitability targets in 2023. This following 70% or more surpassing their 2022 profit levels.

This report states that the backlog for smaller contractors with annual revenues less than $100M had improved in June. While those large contracts with $100M+ in revenue saw a regression in backlog.

Often times, messy financials are a symptom of deeper issues. Finding a CPA firm who has a focus on construction and understands the industry to keep pace with your growing company's needs.

A good overview from Currie & Brown showing the demand for data centers across the country with a forecasted $340B in revenue by the conclusion of 2024. Not listed but included would be the new $800M data center in Montgomery by Facebook parent company Meta.

Here is a great article by VOS CPAs PLLC explaining Long-term, Short-term and In Case of Emergency timelines to consider when contemplating succession planning. hashtag #construction

Cost control game planning is vital for any construction project. It will strengthen the business financial position through analyzing cost reductions, allowing increased profitability and stronger financial forecasting. #construction

I'm so very proud to work for an amazing company.

$10.2B in bipartisan infrastructure law funding has been announced for Georgia for 480+ projects. Including $6.9B announced for transportation investment in roads, bridges, Etc. Associated General Contractors of Georgia, Inc. (AGC Georgia) #Construction