How WIP Reporting Impacts Construction Business Valuation in M&A
During mergers and acquisitions in the construction industry, numerous factors can influence valuation outcomes. Among these, Work-in-Progress (WIP)...
1 min read
Cathy Lydon, CPA
:
March 19, 2020
March 19, 2020 - The Saint Paul and Minnesota Foundation has established a donation site to collect and redistribute funds to be allocated for coronavirus response efforts by the nonprofit community in Minnesota.
“The Minnesota Disaster Recovery Fund (MDRF) for coronavirus funds both short and long-term needs that arise within communities as a direct result of the coronavirus pandemic. Fund contributions will be directed to local community foundations, Minnesota Initiative Foundations and intermediaries. Funds will then be distributed by the community foundations or intermediaries.”
Funds will be distributed by community foundations, Minnesota Initiative Foundations or intermediaries for needs that arise for individuals and families due to the impact of coronavirus. This may include nonprofits that are seeing increased demand for services or are struggling due to social distancing recommendations; and small businesses that have interrupted operations.
You can learn more about the fund, see how to participate as a nonprofit, donate today, or learn about their advisory committee on their website.
During mergers and acquisitions in the construction industry, numerous factors can influence valuation outcomes. Among these, Work-in-Progress (WIP)...
This article was originally written in October 2020. It has been updated with new references and information.
Editor's note: this blog was updated in 2025 with additional resources for business owners.