Remove Bankruptcy Remove Insurance Remove Overhead Remove Work in Progress
article thumbnail

Estimating- The New Normal

Chianelli Estimating

social distancing, staggered start times, wide-ranging disinfection for tools, work surfaces, equipment, machinery and hands. Unfortunately the contractor with work in progress is most vulnerable. One error may be the difference in bankruptcy or staying afloat. Insurances; Workers compensation, General Liability, Risk.

article thumbnail

Job Costing Accounting Vs. Regular Accounting

Contractor Bookkeeping

Knowing which markets to serve, when to hire more people, when and how to acquire loans, lines of credit, bonds, performance bonds, insurance cost savings, business planning and your overall construction company business strategy. It is used to M.A.P. Most bookkeepers can provide the Five Key Performance Reports with some degree of accuracy.

article thumbnail

FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

Innovation Or Bankruptcy. To paraphrase an old quote and adapt it to the contstruction industry "It is not the strongest, toughest, hardest working construction contractor that survives, nor the most intelligent among them. QuickBooks Works Best If You: Takes Job Deposits. Need Work-In-Progress. Have Change Orders.

FAQ 49