Taxes - 4 Critical Aspects
D. Brown Management
January 1, 2025
Your taxes are most likely one of your top three expense categories. There are four critical aspects to them, starting with strategy, then modeling and planning, management, and preparation and filing. All are important and must work together over time.
accounting finance tax
Tax Deferral vs Tax Savings
D. Brown Management
January 1, 2025
Tax savings are very different than tax deferrals. Too often these are misunderstood by owners leading to negative surprises down the road with the most common being the switch from cash to accrual accounting in the earlier stages of growth.
accounting finance tax
Not All Growth is Visible Above the Surface
D. Brown Management
December 21, 2024
Deep roots equal strong trees, and the same is true for strong people. Those roots include relationships and skills that are largely invisible for years while they are being built. Like an iceberg, there is always a lot more going on under the surface.
talent development training
Leadership Combinations and States of Market Growth
D. Brown Management
December 21, 2024
There is a beautiful tension in leadership teams that is required for growth. That tension shifts with different stages of a market's growth and must be integrated with the contractor's stage of growth as a company.
market strategy Organizational Development talent
Profitability and Cash Flow: From Goal to Plan to Process to Prerequisite
D. Brown Management
December 8, 2024
Profitability and cash flow evolve with a contractor's growth, transitioning from goals to plans, to processes, and finally to prerequisites that sustain the business.
cash growth profit
Relationship Tiers and Impact on Outcomes
D. Brown Management
December 8, 2024
Relationships form the foundation of every construction business, from customers to key vendors and subcontractors. While all relationships are valuable, their value varies and must be managed accordingly—a task that becomes more complex with growth.
business development management
2024 Contractor 5-Year Growth Rates (ENR Top 400/600 Lists)
D. Brown Management
December 2, 2024
"More companies die of indigestion than starvation." - David Packard (Founder of HP). Growth is challenging for all contractors. The decision to grow must be intentional and aligned with strategy and capability. 5-Year growth stats from 2024.
benchmark
Capacity Expansion as a Strategic Decision
D. Brown Management
December 1, 2024
"Capacity expansion is one of the most significant strategic decisions faced by firms, measured both in terms of the amount of capital involved and the complexity of the decision-making problem." - Michael Porter (Author of Competitive Strategy)
planning strategy
Succession and the 2024 Olympics as an Example
D. Brown Management
December 1, 2024
Succession in any job role should be looked at like the USA Team in the Mixed 4x400 Relay Race at the 2024 Olympics. This is especially true for ownership transitions for construction contractors. Learn more about this 4-step process.
ownership transition succession talent
Foundations for Growth (Life, Career, and Construction)
D. Brown Management
November 30, 2024
A calm mind, focused thinking, and deliberate action forms the strongest and most resilient foundation you can have in your life, career, and construction. Achieving this for yourself requires constant work and is a lifelong process.
self improvement