Construction
The construction industry is facing significant challenges due to crumbling credit markets, declining real estate development, and increasing demand for LEED-certified buildings, among other factors.
However, the future holds promise. Innovation will spur healthy growth, and having a business advisor who comprehensively understands the construction industry’s past, present, and future can make the difference between merely surviving and thriving.
We support you by preparing and analyzing cash flow projections and stabilizing your cash flow. Recognizing the critical importance of cash flow to your business, we help you maintain stability, allowing for adjustments without reliance on short-term loans. This stability is also crucial for budgeting and determining the best long- and short-term investments.
Job Costing System Assessment
A robust job costing system is vital for your company’s cash flow, profitability, and efficient staff utilization. We evaluate your current system, providing recommendations for enhancements or helping you implement a new, customized solution. Our objective is to ensure you receive comprehensive training and ongoing support, enabling you to operate the system effectively and fully capitalize on its benefits.
Creative Financing Solutions
Securing financing is an art, especially in today’s economy. Kong & Associates assists you in selecting and negotiating the right loan for your business needs. We handle complex applications and ensure you have the proper documentation to present to lenders, making the process smoother and more efficient.
Kong & Associates Construction Industry Services include:
- Job costing & gross profit analysis
- Audit, review, and compilation
- Financial statement preparation
- Cash flow analysis
- Bonding & financing assistance
- Employee benefits planning
- Business succession planning
- Business valuations
- Risk management
- Equipment management and control
- Inventory control systems
- Mergers and acquisitions
- Cost segregation studies
Our industry experience and strong relationships within the local community ensure your construction business has all the tools it needs to thrive.