There are many risks unique to the construction industry.
And it isn't easy to plan for them. For example, how do you remain profitable in a highly competitive market? Are you maintaining an adequate backlog of work, or do you need to be more aggressive? Material and labor costs are consistently increasing, paired with uncertainty in the governmental climate, leaving many in the construction industry with questions and concerns about the future of their business.
When the stakes are high, you need a construction accountant with experience in your industry that is well versed in the financial statement and tax issues that impact contractors. When it comes to accounting, tax, and consulting services for contractors, our team is unmatched. We understand that every contractor has unique needs which can change over time as projects evolve. We're ready to help you navigate complex regulations, so you can worry less about compliance issues and spend more time on your business.
Our clients include general contractors and subcontractors operating locally in the greater Fresno Metropolitan area. For more than 40 years, we have been helping our construction clients with everything from their traditional accounting and tax needs to optimizing their overall operation.
Our services include:
- Auditing and accounting
- Financial statement preparation with full disclosures and complete open and closed job schedules
- Federal, state, and local tax planning
- Strategic business planning
- Family business and succession planning
- Litigation support
- Merger and acquisition assistance
- Job costing and budgeting
- Technology assessment and planning
- Employee benefits design and planning
- Financial reporting
- Software selection
The DGSM Difference
Our firm is uniquely qualified to serve you because we have specific knowledge of the ever-changing construction industry. We understand the array of challenges because our clients range from sole self-contractors to large family-owned construction operations. Our expertise and connections in the construction industry result in greater efficiencies for the client. For example, our financial reporting package considers what your bonding company likes to see, which is a critical component of maintaining your bonding. When you work with us, you can expect:
Strategic business planning with an experienced and knowledgeable construction specialist.
Profit improvement strategies that include analysis of working capital requirements, gross profit analysis, and cash flow projections and budgets.
Tax services that help reduce your tax burden while maintaining compliance with federal, state, and local tax laws and regulations.
As your trusted advisor, we will prompt the critical conversations you should be having. Has your business outgrown your accounting method? Is it time for a new costing accounting system? Are your profit margins too low? What is your succession plan? From everyday operations to major decisions and everything in between, DGSM is with you every step of the way.
Our professionals will consult with you to provide the guidance and experience you need for your construction business. Call us today.
For more information on our Construction services, please contact Malcolm Dedekian.
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