Contractor Bookkeeping

JULY 21, 2012

Strategic Construction QuickBooks Reports Optimize Profit And Growth. Strategy Comes From The Office - QuickBooks Reports and The 80-20 Rule For Construction is one of the tools you use to develop strategy for which markets and customers to focus your time on. Whatever is best for you!

Profitability 48

Profitability Construction IDEA US 48

Contractor Bookkeeping

SEPTEMBER 13, 2013

If you are a contractor you are most likely a "doer", someone who gets things done, not now but right now! When you were a child you enjoyed surprises but not in your construction company. None of my contractor friends who are in debt up to their ears do it. ( Business Plans Stir Up Debate! Business Plan Pros Vs. Cons.

Plans 48

Plans Contractors Cash Flow Profitability 48

Contractor Bookkeeping

MAY 22, 2013

Home Improvement Contractor, Hanover County Virginia: "I found your how to video on YouTube and really like how you have it set up and appreciate the pointers you had to offer. Construction Change Order Video. This video shows you step by step the Fast Easy Accounting way to work with your Free Construction Change Order Form.

Change Orders 49

Change Orders Contractors Cash Flow Profitability 49

Pro Builder

JUNE 6, 2022

Over the last 10 years, the housing industry has been recovering from the Great Recession when single-family housing starts plummeted over 80% in three years and more than half of home building and trade contractor businesses went bust. Chuck Shinn. . This is a longer version of an article that appeared in the May/June 2022 issue.

Management 52

Management Cash Flow Profitability Schedule 52

Contractor Bookkeeping

AUGUST 11, 2014

Recently A General Contractor Who Needed Help Getting Useful Reports Contacted Us. His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. He met with his banker to apply for a line of credit.

Profitability 48

Profitability Contractors Accounting Income 48

Contractor Bookkeeping

SEPTEMBER 23, 2013

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. In your construction company it is the same, you need the answers in order to develop understanding and that is what helps us all let go of the past and move forward.

Debt 49

Debt Construction Accounting Banking 49

Contractor Bookkeeping

SEPTEMBER 19, 2014

But It Can Be Made Into One For Contractors. If you Google “Construction Accounting Software” the results are over 20,000,000. Construction trade journals list over 4,000 construction accounting software programs that actually work well for the construction industry. With Annual Sales Volume Between.

Accounting 49

Accounting Software Software Construction 49

Contractor Bookkeeping

FEBRUARY 8, 2013

Why Would Any Contractor - In their right mind do that? The contractor does not understand the concept of Leveling and the fact that "Henry is my friend!". How Do I Know This - I am your guide on this trip and I have been down this road many times as a contractor and as a mentor to other contractors.

Profitability 52

Profitability Contractors Equity Housing 52

Contractor Bookkeeping

JUNE 16, 2012

Customers Want To Use Their Credit Cards For Construction Projects. If you are their contractor and you are actively working your Home Asset Management Plan you will get the go ahead to make the repairs. Highly profitable construction firms focus on developing their Strategy to do both using The 80 20 Rule.

Profitability 55

Profitability Contractors Cash Flow Banking 55

Contractor Bookkeeping

JUNE 1, 2013

The First Place to start is an understanding the real profit in any construction is made in the office, not in the field because hard work in the field cannot overcome bad strategy from the office. If hard work made contractors rich there would be a lot more of them" - Randalism. We are in this together and we are pulling for you.

Products 48

Products Profitability Construction Cash Flow 48

Contractor Bookkeeping

JUNE 18, 2013

New And Restarting Contractors Welcome Here. Are you starting or restarting your construction company? Either way you have made an important decision to own and operate a construction company. Most of you came from the skilled craftsman trades, some of you were working as a manager for a construction company.

Contractors 48

Contractors Overhead Insurance Bidding 48

Contractor Bookkeeping

MAY 2, 2013

Contractors hear these all the time. Part of the root cause can be traced to a mild case of "Stockholm Syndrome" where contractors feel their cash flow may be held captive by their customers or clients. 80% of your customers are going to play fair. The 80-20 Rule For Financial Success In Construction.

Change Orders 48

Change Orders Contractors Cash Flow Profitability 48

Contractor Bookkeeping

JUNE 20, 2012

Major Home Builder Actions Signal Profitable Opportunities Ahead For Contractors. Sharp Construction Company Owners - Do something similar. They network with people who are well connected and pay close attention to the profitable construction firms, large and small that who are doing well.

Seattle 51

Seattle Contractors Profitability Metro 51

Contractor Bookkeeping

FEBRUARY 20, 2013

Two construction companies, Company A and Company B, can do similar work for the similar customers using similar labor, materials and subcontractors yet Company A will earn twice the bottom line profits over Company B. Every Ten Minutes A Day Of Waste You Have In Your Construction Company. 80% will have the least impact.

Profitability 48

Profitability Construction Accounting Equipment 48

Contractor Bookkeeping

NOVEMBER 15, 2013

Of The Hundreds Of preset QuickBooks For Contractors these few easy to understand ones will do you the most good in the least amount of time. 02 Primary Financial Reports like Profit & Loss and Balance Sheet how your construction company is doing from a big picture view like looking out the window of an airplane cruising at 30,000 feet.

Accounting 48

Accounting Construction Profitability Project Management 48

Contractor Bookkeeping

AUGUST 25, 2014

Having Lived Through Several, Recessions Beginning In The Mid 1960''s I Sincerely Understand And Empathize With The Challenges That All Construction Owners, Workers And Support Staff Have Faced For The Past Several Years. Pent Up Demand For Construction Projects. The Good News Is Everything Is About To Change For The Better!

Contractors 48

Contractors Accounting Hawaii Profitability 48

Contractor Bookkeeping

JUNE 12, 2012

Some Of The Best - Framers, drywallers, plumbers, electricians, HVAC mechanics, roofers, landscapers, construction project managers and other tradespeople have become wealthy construction business owners been very successful and I say more power to you! Chronic Bookkeeping Headaches For Contractors. 83% - For 65 days late.

Washington 54

Washington Accounting Banking Contractors 54

Contractor Bookkeeping

SEPTEMBER 5, 2013

When A Contractor Brags About Getting Referrals It Drives Me Crazy! All Construction Contractors Get Referrals which some turn out to be profitable some turn out non-profitable. Customers Generate Most Of The Bad Reports against contractors because they know how to work the system and everyone in it, not just contractors.

Profitability 49

Profitability Contractors Accounting Income 49

Contractor Bookkeeping

JULY 27, 2012

Over The Past 30+ Years - I have accumulated a variety of terms to describe the construction industry. Please feel free to share them with your friends, relatives and most importantly contractors as they will appreciate the humor and perhaps find value in the words of wisdom we are sharing.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Contractor Bookkeeping

JUNE 22, 2012

From A Lifetime Of Experience In Construction. And Construction Accounting - Owners of small construction companies working at level 1,2 and 3 enjoy more freedom, peace of mind, make more money and have fewer upset stomachs on average than officers of large construction firms in level 4. Level One - Dog And Pick-Up Truck.

Construction 48

Construction Accounting Income Contractors 48

Contractor Bookkeeping

SEPTEMBER 20, 2013

BUT THEY ARE NOT FOR TIMID CONTRACTORS. Recently quite a few contractors are asking us for help in generating work so I reached into our archives of best practices and put together a collection construction marketing strategies we used to get one of our construction companies from start-up to over $20,000 a month in less than 100 days!

Construction 49

Construction Accounting Contractors Management 49

Contractor Bookkeeping

JULY 23, 2013

Customers are looking for a contractor to do a little work. When trying someone new they may go with a “Low Risk” by prepaying for services on a “Deal” on a contractor lead generation service. When trying someone new they may go with a “Low Risk” by prepaying for services on a “Deal” on a contractor lead generation service.

Construction 58

Construction Deals Change Orders Contractors 58

Contractor Bookkeeping

DECEMBER 1, 2012

Having Owned And Operated Construction Companies We Understand Employees. The question is how many can you afford and how do most construction office and field workers view you, the construction company owner? In fact in my experience the opposite is true and in most cases contractors tend to care too much and do too much.

Contractors 48

Contractors Profitability Construction Products 48

Contractor Bookkeeping

SEPTEMBER 5, 2012

Emerging Contractors Welcome Here. Any Construction Company - That is ready to take a long hard look at what has worked, not worked and map out a strategic plan for the future. This includes brand new contractors, seasoned contractors that have been in business since dirt was two days old and everyone in between.

Accounting 48

Accounting Contractors Overhead Insurance 48

Contractor Bookkeeping

JUNE 18, 2013

The Contractor Paradigm. We offer the following list of root causes for the extremely high rate of construction company failure which has accelerated beginning in 2009 and continuing as of June, 2013 when this article was written. You will be a better contractor for it. Construction Company Failure Root Causes.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Contractor Bookkeeping

JULY 10, 2013

Contractor Tips And Tricks. The 80 / 20 Rule For Business Owners. Speaking Engagements Featuring An Accountant With Humor. For Something New and refreshing consider bringing an QuickBooks expert accountant with a sense of humor to speak at your next gathering. You have to start somewhere for something to happen!

Accounting 48

Accounting Seattle Profitability Compensation 48

Contractor Bookkeeping

OCTOBER 3, 2014

An Alarming Number Of Construction Company Owners Are. Whenever we see a contractor is heading toward a problem, issue or disaster we immediately raise an alarm. I say that with all due respect to egg heads since I am an egg-head with several degrees and certifications in Accounting, Construction Accounting and Project Management.

Accounting 48

Accounting Construction Banking Contractors 48

Contractor Bookkeeping

JUNE 11, 2013

There is some confusion about the differences between job costing accounting and regular accounting which leads some contractors to believe they can get what they need from any bookkeeper and the cheaper the better. Yet most contractors believe the complete opposite about construction; cheaper is not better. It is used to M.A.P.

Accounting 48

Accounting Bankruptcy Profitability Contractors 48

Contractor Bookkeeping

JANUARY 2, 2015

We Are QuickBooks Experts Specializing In Construction. New Contractor''s Have horrendous Levels of Stress. Did You Quit Your Job - And start your own construction company only to discover you need a contractor’s license and bond. Consult with a construction attorney and follow their advice. You say O.K.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

AUGUST 9, 2012

Destroy Construction Company Owners Lives! Not all in house construction bookkeepers are rotten. It seems to me the 80-20 rule applies here and only 80% of them are rotten. We are no longer in construction having decided to focus 100% on our construction accounting practice since early 2000.

Organization 48

Organization Contractors Accounting Profitability 48

Contractor Bookkeeping

FEBRUARY 28, 2014

Your Construction Contracting Company. Is your Construction Company Process Dependent Or People Dependent? There is no one right answer; it depends on what you want from your construction company. You started your construction company to have more money, more freedom and to be in control of your destiny. Walking the dog.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Autodesk Construction Cloud

NOVEMBER 2, 2021

These past 18 months have challenged contractors across the globe in more ways that anyone could have imagined. If the resilience seen this year has shown construction professionals anything, it’s that this industry, and the people who work in it, are remarkable. 40 Under 40: Champions of Construction 2021. Christine Joy T.

Construction 52

Construction BIM San Francisco Management 52

Contractor Bookkeeping

OCTOBER 4, 2013

Starting Or Re-Starting A Construction Company Is Easy. There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Autodesk Construction Cloud

SEPTEMBER 9, 2021

No matter where you’re at in your construction career, or what business goals you’re out to achieve, get ready for a set of construction classes designed to leave you with a long list of actionable takeaways. With over 80 construction classes available this year, the question remains: what sessions should you attend?

Autodesk 52

Autodesk Construction BIM Modeling 52

Contractor Bookkeeping

JUNE 14, 2012

Construction bookkeeping has Four Levels of Learning: Level I – (Freshman) I don’t know that I don’t know about a particular subject. You Can Lead An Incompetent Bookkeeper - To the fountain of knowledge if you pay for their time, travel expenses, meals and lodging. Even after all of that most of them will only gargle!

Banking 48

Banking Accounting Office Contractors 48

Building Information Management

JULY 27, 2016

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency/. Facility Construction Subgroup: Divisions 02 – 19. Facility Services Subgroup: Divisions 20 – 29. Requirements.

Equipment 45

Equipment Construction Schedule Concrete 45

Buisness Facilities Contributed Content

APRIL 15, 2014

It allows for the construction of roads, bridges, etc. Have no more than 100 full-time employees, and 80% of employees are in Alabama or 80% of payroll is paid to employees in Alabama. architectural and engineering, interest incurred during construction, etc.). ALABAMA - updated for 2014.

Income 108

Income Finance Zoning Employment 108