Remove Accounting Remove IDEA Remove Overhead Remove Profitability
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PSMJ Resources Blog: 11 Ways to Cut Overhead

PSMJ Resources

11 Ways to Cut Overhead. Here are eleven creative ideas to reduce your overhead expenses. Shift job-cost reporting, billing, and other accounting functions to the secretary who does it as a part-time, collateral duty. Assign collateral duties to everybody in the office, virtually eliminating overhead positions.

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The Seven Ages of a Business

Constructonomics

This is the very start of a business, when it’s no more than an idea that’s trying to gain marketplace acceptance. Management becomes more formal and accounting needs to be stronger; money comes more from profits, banks and franchising options than from family. Money tends to come from profits, banks and government grants.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account.

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Proposal Pricing Strategies: How Much are You Selling that Watermelon For?

Help Everybody Everyday

After a few months of this, the two boys wonder where all the profits went. This may seem like a silly story, but it is one that Certified Public Accountants tell when they describe how many businesses today operate. That does not take into account how much each CAD Operator makes. Field Overhead. Home Office Overhead.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account.

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Contractor Bookkeeping Services Lies

Contractor Bookkeeping

I am going to talk to you about a "Scammer" that could be draining cash and profits out of your construction company. The idea that anyone can get something for nothing is only true in fairy tales where "Scammers" live which is what I say when someone is bs’ing me, but I’m being polite ;). You Can Only Choose Two. Learn More.

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Construction marketing: What really works when you are in crisis?

Construction Marketing Ideas

Here are some ideas that have been effective. I’ve been saved by the bell a few times by existing clients who placed timely, highly profitable orders — and I’d like to believe these purchases were more than blind luck. What should you do when you experience a business crisis? But why don’t I name him here?