Construction
Results Through Strength
Construction companies today face the best and the worst of times.
Bid packages are flowing while at the same time there is increased competition, decreased labor available and delays, delays, delays in getting started, getting finished and getting paid. This can add up to fading margins. In other words, working more for less.
At Clark Schaefer Hackett we help construction companies overcome these challenges every day. We offer all the sophisticated services you expect from a top CPA and advisory firm — but it’s our service style that sets us apart. We believe better relationships produce better results, so we teach our professionals to deliver highly valued client experiences.
We will help you get that next project off the ground and keep it in the black. We can supply the tools and insight to manage risk and make smart decisions. Like a specialty sub, we bring deep experience and expertise in accounting, tax and industry knowledge. So, whether it is a new JV, a new geography, or a new form of contract, we are there to provide guidance. You see, we’re builders too: Our specialty is building strong working relationships. Together we’ll create results through remarkable relationships.
Who We Serve
General Contractor/Construction Managers
Specialty Trade Contractors
Highway & Heavy Contractors
Demolition Contractors
Homebuilders
Architectural & Engineering Firms
Good business decisions are based on a clear understanding of your company’s finances. We’ll help assess your financial picture and together set expectations for growth.
Our services include:
Tailored assurance services: financial statements, audits, reviews & compilations
Advisement on financing strategies, including attracting capital & evaluating loan proposals
Analysis of leasing & rental options
Cash flow analysis & budgeting
Prequalification filings & cost certifications
Review & implementation of internal control & cost accounting procedures
Advisement on business opportunities, managing financial risk & planning for long-term financial success
We offer a deep knowledge of the U.S. tax code, especially the unique opportunities for the construction industry. We can help you reduce the considerable business cost of taxation, while taking care of necessary reporting and compliance.
Our tax services include:
Local, state & federal tax return preparation, including planning & consulting for businesses & individuals
Representation before taxing authorities
Tax credit advice, including affordable housing, historic, green & new-market
Evaluation of entity structure & organizational options
Our experience in the construction industry has taught us which processes and systems work. We will be your resource for best practices, from corporate structure and operations to project management.
Our services include:
Job profitability breakdown & analysis for the purpose of increasing profit on all jobs
Heavy equipment rates analysis
Identification of your “sweet spot” projects to help you focus your efforts
Benchmarking & trend analysis
Procedural controls integrated with construction accounting
Employee benefit plan administration, audit & consulting
You’ve worked hard, built your business, and continue to nurture its growth. Although you’re not ready to retire now, it’s on the horizon. Now is the time to start planning to ensure you (and your family) can continue to reap the rewards of your success.
Our Certified Exit Planning Advisors have the specialized knowledge to help ensure you are personally prepared, financially prepared, and continuing to maximize the value of your business.
Our exit planning process is customized based on your unique situation and may include:
Succession planning
Business valuation
Value & profitability enhancement consulting
Tax structuring
Due diligence
Income tax planning
Estate tax planning