Contractor Success Webinar Series

You Are Invited

Associated Construction Publications and Somerset CPAs Construction & A/E Team invite you to participate in our Contractor Success Webinars. The schedule for this 5-webinar series is as follows:

Strategic Bidding for Equipment-Intensive Contractors 
Thursday, September 22, 2011
Today's challenging bidding market demands unparalleled scrutiny on a company's internal costing procedures, and more variation is seen in equipment bidding practices than in any other area of the construction market. Companies that have a keen sense of their true annual equipment pool costs seem to enjoy much more bidding success than other companies that take a very simplistic approach with bidding equipment or consider their equipment costs as part of their overhead structure. In this presentation, Steve George of Somerset will discuss equipment costing considerations, hidden equity, measuring/recording utilization, considerations of leasing vs. buying, equipment fleet needs analysis, equipment cost management and other types of pooled costs. Handouts and Audio available.

Management Continuity and Succession for Contractors: Are Key Employees an Option?
Thursday, October 27, 2011  

Have you planned for the future of your business? For a lot of businesses, transitioning the business to the next generation of family isn't always the best solution. In many cases, your key employees are best qualified to continue running the business. But, do they have the financial means to buy you out? Ken Hedlund of Somerset will discuss the "ultimate key employee incentive plan" and show illustrations of successfully implemented plans. We will discuss how you can develop a performance-based incentive program that will help your management understand the value of ownership and help define compensation and return on investment to shareholders. An effective plan will establish incentives and incorporate a mechanism to ensure implementation and monitoring. It can be essential to attracting and retaining good employees and providing for management continuity. Handouts and Audio available.

Year-End Tax Strategies for Contractors 
Thursday, December 1, 2011

Do you know how current tax legislation is affecting contractors and the construction industry? In this webinar, Jay Feller will break down the complex contractor taxation rules. Participants will learn techniques for minimizing taxable income while preserving much needed working capital and equity for bonding, borrowing and licensing capacity. Handouts and Audio available.

Economic, Banking and Surety Update 
Thursday, January 12, 2012
11:30 a.m. to 1:00 p.m. (Eastern) - Presentation / 1:00 p.m. to 1:30 p.m. - Open Q&A
 

2011 real time data on industry performance and outlook will be presented by Somerset and economic and banking experts. We will review current economic data and indicators, provide an update on the surety and banking industries outlook and practices, plus assess the ever-changing landscape of the political environment, current economic data and indicators. Register now.

Permanent vs. Temporary Labor Impact on Bottom Line and Human Resource Strategies
Thursday, February 16, 2012 
11:30 a.m. to 1:00 p.m. (Eastern) - Presentation / 1:00 p.m. to 1:30 p.m. - Open Q&A
 

In this session, an expert from the construction labor field will discuss how the decision to utilize permanent vs. temporary labor impacts your bottom line. Howard Cox of Somerset will present HR strategies that identify common organization "HR sins" and how to avoid and remediate them. Register now.

Who Should Participate
Construction-industry business owners, CEOs, COOs, CFOs, all key managers and anyone in line for those positions in the future will benefit from participating.

For an investment of only $149 each or the entire series at a discounted rate of $550, you can all participate in our Contractor Success Webinar Series as a group and essentially receive 10 hours of consulting with industry experts. The value you receive will be far in excess of the cost.

CPE Qualified
Each webinar qualifies for 2 hours of CPE credit. CPE credits are for Indiana and may qualify in other states as well. Please check with your state's CPA society for determination.

How to Participate
Utilizing GoToWebinar and your telephone, you can participate at your desk or in a conference room with a group. There is no limit to the number participants at one location. To register, please click the "Register Now" links above or you may click the "Print Registration" button below.

Print Registration

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Additional Somerset Events
Our full event schedule is on our web site--www.somersetcpas.com. Please contact us with any questions.

Notice
Somerset seminars and classes are for our clients and other interested parties. We reserve the right to restrict seminar and class registrations as we deem necessary. Please be sure to register so we may properly plan our seating and catering needs. We also respectfully request that you notify us if you need to cancel your reservation. 

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