Remove Cash Flow Remove Debt Remove Project Management Remove Washington
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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! Is Cash Flow The Same As Profit?

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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

In the meantime, service agreement customers are a source of cash flow and are predetermined to call you instead of your competition when repairs are necessary. Owner’s equity is in theory what would be left over if you liquidated the company, sold the assets and paid all of the debts or liabilities. Visit [link] to learn more.

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Construction Bad Debt What To Do About It

Contractor Bookkeeping

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. Oddly enough most of them paid the debt years later and all of them were very appreciative that we treated them with courtesy and respect. Knowing The Answers Helps.

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Unique Contractor Investment Can Exceed 100% Return

Contractor Bookkeeping

Knowledge Leads To Profits And Cash Flow. If You Could Harness And truly understand even half of the information contained within your existing QuickBooks company file and I mean truly understood it, you could easily become a wealthy enough to be debt free and be living the lifestyle you truly deserve in five years or less.

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Contractor's Unique Business Plan Outline

Contractor Bookkeeping

Cash flow and Profit is not accident, it is a result of deliberate action. None of my contractor friends who are in debt up to their ears do it. ( About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. PRO: Prior Planning Prevents Poor Performance.

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As Economy Heats Up Your Bookkeeper May Leave For Bigger Better Deal

Contractor Bookkeeping

All of this made a bad cash flow situation worse. had left the company in the form of cash, credit card debt, unfiled and unpaid sales tax payments, unfiled and unpaid payroll tax payments and unauthorized charges on his supplier charge accounts. He "forgot" she was not hard of hearing". Visit [link] to learn more.

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