Blog | Albin Randall & Bennett
Recent Articles
How Blockchain Technology Can Benefit Your Supply Chain
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Blockchain technology is increasingly transforming manufacturing supply chains. In a traditional supply chain, tracking the journey from
Pursuing Trends vs. Using Fundamentals
Differentiating your business is an important element of growing it successfully. But how should you draw the line between pursuing the newest trends and sticking
What Should You Do with a Stalled Project?
Originally published in On-Site, ARB’s Construction Industry newsletter. Stalled construction jobs are far from unusual. Earlier this year, software developer ConstructConnect’s Project Stress Index indicated
Fine-Tune Your Financial Clarity with Benchmarking Studies
Originally published in Manufacturer, ARB’s Manufacturing Industry newsletter. Behind every manufacturing company’s production is a complex financial engine. Understanding that engine is critical for your
The Evolution of BIM: What Contractors Need to Know
Originally published in On-Site, ARB’s Construction Industry newsletter. Building information modeling (BIM) has been around for a while. Yet the concept and software continue to
Don’t Be a Pest: Exiting with Grace
Letting go of the business you own may be one of the hardest things you’ll ever have to do. A key goal of Exit Planning
Manufacturing M&A: 2021 May Be the Right Time for Manufacturing Company Owners to Sell
In 2020, manufacturing merger and acquisition activity fluctuated like a transverse wave, alternating from crest to trough with each passing quarter. Fear that COVID-19 would
Employee Retention Credit: How Recent & Pending Legislation Affects the ERC
The employee retention credit (ERC) is a tax credit available for eligible employers to claim against qualified wages paid after March 12, 2020, through December
Massachusetts Enacts Elective Excise Tax for Pass-Through Entities
Massachusetts passed budget legislation that allows eligible pass-through entities, including S corporations, partnerships, and limited liability companies (LLCs), to pay an elective excise tax on
2021 Construction Industry Trends: Ownership Transfers & Management Succession Planning
Most business owners right now are sharply focused on steady cash flow, cutting costs, maintaining operations as close to the status quo as possible, and
Construction Accounting Basics: 6 Questions Contractors Need to Ask When Starting a New Construction Firm
Starting your own construction company without a financial strategy rooted in smart accounting basics is like starting a build without a floor plan. Many of