Winning new business isn’t just about offering a competitive price. It’s about creating a well-structured and convincing proposal that shows why you’re the best choice for the job. Whether your company is established or still growing, improving your bidding process is...
MKR Blog
2025 Construction Trends That Will Impact Your Business’s Bottom Line
As we move through 2025, construction businesses are navigating a mix of challenges and fresh opportunities. A steady economic rebound, higher levels of government investment, and rising demand for infrastructure, housing, and commercial development are driving growth...
How Construction Firms Can Break Through Progress Barriers for Growth and Greater Profits
For construction companies, growth and profitability often hinge on that company’s ability to overcome progress barriers. Whether it’s delays in project timelines, inefficiencies in communication, or outdated practices, construction firms need innovative solutions to...
Construction Cash Flow: Avoid Falling for the Illusion of Profitability (Plus Tips To Boost Profits)
Managing cash flow in the construction industry can be challenging, and it’s crucial to understand the difference between income and cash flow to avoid falling for the illusion of profitability. Many construction businesses may appear profitable on paper, but they...
How Will the Economy Impact the Construction Industry in 2024?
Understanding how economic trends influence construction can provide valuable insights for businesses and professionals in the field. For instance, high interest rates and slower economic growth will put increasing pressure on construction and manufacturing this year....
Tips to Avoid OSHA Violations and Fines in Construction
Learn vital steps to protect construction workers and businesses from OSHA violations and fines. Stay informed about changing regulations, prioritize worker training, and utilize OSHA consultation services to maintain a safe jobsite.
The Benefits of Drone Technology for Construction Firms
Construction firms are catching on to the value that drones – or unmanned aerial vehicles (UAVs) – add to construction projects. In this article, we’ll explore some of the benefits of construction firms using drone technology. Enhanced Accuracy Drones have the...
How Construction Firms Can Leverage Technology to Control Project Costs
The construction industry isn’t known for its willingness to embrace change, so it’s no surprise that, generally, the industry’s been slow to accept technology. Enter the Covid-19 pandemic and subsequent economic turmoil and labor and material shortages, and many...
How to Implement Current Construction Industry Trends to Tackle Challenges and Boost Company Growth
The construction industry has seen its fair share of challenges throughout the past two years as the pandemic surged, and the jury’s still out on 2022. The good news is that following technology trends can help withstand challenges and leverage ongoing opportunities...
How Construction Firms Can Save Time and Money Among Labor Shortages and Supply Chain Issues
Last year 35% of contractors reported turning down work due to skilled labor shortages. Couple this with a lack of resources due to supply chain issues and an industry that doesn’t seem to be slowing down, despite a short stall at the beginning of the pandemic, and...
Smart Business Strategies to Prepare for Economic Downturns
Economies always run in cycles, which means that, at some point, inevitably, there will be a downturn. And the best time to prepare for an economic downturn is before things start to take a tumble. In this article, we’ll go over strategies you can use to keep your...
Succession Planning for Professional Services Practices: Preparing to Sell, Merge, or Pass the Firm to the Next Generation
What happens when it’s time to step back from running your professional services firm? Is there a clear path for the future of your business? In this article, we’ll go over how to create a solid succession plan, whether you’re looking to sell, merge, or pass the firm...
How to Maximize the $40,000 SALT Deduction in 2025 Under Trump’s New Tax Law
The One Big Beautiful Bill (OBBB) signed by President Trump includes a federal cap on the state and local tax (SALT). Until 2024, SALT was capped at $10,000 under the 2017 Tax Cuts and Jobs Act (TCJA), but the OBBB increased it to $40,000. The cap will rise by 1% each...
How Tariffs, Economic Uncertainty, and the One Big Beautiful Bill Are Impacting Small Business Earnings
Small businesses are finally seeing signs of life after a rocky few years. Since January, average earnings have climbed by 75%. That’s an encouraging statistic, yet monthly revenues still lag behind the record highs of the past two years. This signals that progress is...
Americans Spend Hours Thinking About Money: Financial Stress, Its Impact, and Practical Solutions to Ease Worries
Recent surveys reveal that Americans spend hours each week thinking about their finances. Rising prices, mounting debt, and uncertainty about the future all contribute to financial stress. Add in steep housing costs, concerns over tariffs raising the price of goods,...
How Small Retailers Can Use Local Partnerships to Drive Foot Traffic and Boost Sales
Small retailers have a rough go competing against big chains and e-commerce giants, but there’s one thing these smaller stores have that Amazon doesn’t: community. Local stores have the opportunity to build connections with their customers. Building partnerships...
Why 2025 Is the Perfect Time to Start or Buy an Independent Veterinary Practice
A noticeable trend in 2025 points to a resurgence in independent veterinary ownership. In an era dominated by corporate consolidation, 2025 is shaping up to be a turning point — especially for veterinarians ready to reclaim ownership, redefine care models, and build...
Why the One Big Beautiful Bill Act Could Be a Lifeline for Small Businesses Facing Tariffs and Inflation
As small business owners face continued inflation and rising tariffs, the One Big Beautiful Bill Act (OBBB) could provide critical financial relief for Main Street businesses. By extending key provisions from the Tax Cuts and Jobs Act of 2017 (TCJA), the legislation...
Understanding How Trump’s One Big Beautiful Bill Affects Social Security Benefits
President Trump’s “Big Beautiful Bill” has been making headlines, particularly for what it could mean for older Americans collecting Social Security. While many headlines have suggested that the bill would eliminate taxes on Social Security benefits, that’s not...
How to Transfer an SBA Loan: Rules, Restrictions, and What’s Allowed
Transferring an SBA loan isn’t a straightforward process. Whether you’re selling your company or planning for a family succession, understanding how to transfer an SBA loan and what’s legally allowed is critical for staying compliant and protecting your finances. In...