Remove Bankruptcy Remove Change Orders Remove Profitability Remove Remodeling
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How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! The most common situation is when a residential remodel contractor who has built a reputation and a substantial company generating profits of 15% or more decides to start building custom homes.

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Construction Change Order Phobia Increases Stress Reduces Profits

Contractor Bookkeeping

Construction Change Order Phobia. After Reviewing The QuickBooks Reports - We discovered a painful case of the dreaded disease I call "Change-Order-Phobia". In this case the pain of change in the contractor's mind had to be exceeded by the pain of staying the same. Customer Job Deposits. Progress Invoicing.

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FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

If you were to research some of the newspaper and magazine articles from the early 1800''s though today regarding the construction industry and contractors in general you will find not much has changed. It has always been and will likely always be that: 95 out of 100 contractors will earn less than 3% net profit. per hour (See below).

FAQ 49