Matthew Downey • October 30, 2024The amount of commercial goodwill attached to a profitable construction business will depend on its specific characteristics. In general terms, goodwill is the value of a business in excess of its balance sheet “book value”. “Commercial” goodwill represents intangible value associated with a business’ location, product/service brand or of ... Read more
Matthew Downey • July 16, 2024Energy consumption represents a significant operational cost for building owners and managers, accounting for up to 30 per cent of total operating expenses. As such, energy savings have long been a top agenda item for building owners and managers. With the escalating energy costs and rising demand for energy efficient buildings, property owners, te ... Read more
Fuller Landau team • November 18, 2021Data analytics is the process of extracting, processing, and analyzing large volumes of data to draw observations and conclusions. Construction companies benefit greatly from the use of data analytics. Transaction data (i.e., the data collected in your accounting and other systems) is analyzed to identify irregularities, potential problems, and i ... Read more
Fuller Landau team • February 23, 2021As many new restrictions are being implemented across Canada in response to COVID-19, the Federal government has updated and revamped their rent subsidy program. The Canadian Emergency Rent Subsidy (CERS) is a transformative update to the retired Canada Emergency Commercial Rent Assistance (CECRA) program. The CERS subsidizes rent for small busines ... Read more
Matthew Downey • September 25, 2020The Canada Emergency Commercial Rent Assistance Program (CECRA) provides forgivable loans to commercial property owners to cover up to 50% of rent payments payable by eligible small business tenants that are undergoing financial difficulties due to COVID-19. Under the program, the tenant must pay between 0% and 25% of their normal monthly gross ren ... Read more
The amount of commercial goodwill attached to a profitable construction business will depend on its specific characteristics. In general terms, goodwill is the value of a business in excess of its balance sheet “book value”. “Commercial” goodwill represents intangible value associated with a business’ location, product/service brand or of ... Read more