Author Archives: Carmen Calzacorta

Succession planning in a hot market (access required)

The construction industry is growing fast, and several surveys and reports forecast that this growth will continue. So, why is this positive outlook a problem for the construction industry? Because a hot market is one of several triggers of ownership ...

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Contractors must accept the realities of business exits (access required)

Contractors likely have been forced to think about and probably document an “exit plan” at the request of their surety or banker or maybe family. One of these parties may have insisted on seeing paperwork that shows a plan is ...

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Business succession planning in the Trump era (access required)

There is a lot of speculation about how the Trump era will impact the construction industry – from the border wall, to pipeline projects, to fast-track future projects, to a focus on infrastructure needs, to proposed tax and regulatory changes. ...

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The value of independent or outside directors (access required)

It is considered a “best practice” to have “independent” or “outside” directors on a corporate board. Companies listed on the NYSE and NASDAQ are required to have a majority of directors be independent. Also, public companies’ audit committees are required ...

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Family-owned businesses are getting it right (access required)

Family businesses account for approximately 80 percent of U.S. companies and 80 to 90 percent of businesses across the globe. Some of the world’s biggest companies are family-owned, including Samsung, Tata Group, Wal-Mart and Cargill, and about one-third of all ...

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