Wolgast Corporation
APRIL 24, 2023
He can close the doors, walk away, and lay off his staff of 25, he can sell the business and the building to an interested party and use the money to supplement his retirement savings, or he can find someone who wants to buy the business and then lease the building to him or her, keeping rental income for continual cash flow.
Contractor Bookkeeping
JULY 27, 2012
Assets of Company - Cash / Receivables – Payables / Trucks / Tools / Equipment / Material. Assets of Firm - Cash / Business Process / Sales Process / Client List / Predictable Cash Flow. Bad Numbers - Lead to bad decisions / cash shrinks / business unstable / bankruptcy or failure.
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Contractor Bookkeeping
JUNE 19, 2013
Each one is just a little thing, a tiny process improvement that helps you be more efficient, have more cash flow and a better life. As Construction Accountants our core focus is the accounting processes, Sales Income, Expense, Net Income, COGS and the Profit and Loss. Change Orders are a huge source of new profit.
Contractor Bookkeeping
JULY 18, 2012
For a short while the deposit is actually a liability not income until the part is futher along in the process. Custom Home Builders - Who also do some remodel work, buy houses for rental inventory and buy houses to fix up and sell, house flippers, create special problems for regular bookkeepers. Quarterly Tax Returns.
Contractor Bookkeeping
SEPTEMBER 1, 2012
To control spam, I now allow incoming messages only from senders I have approved beforehand. Common types of items I find in the subject lines in my spam filter: Bathroom remodels. Is your #1 Favorite Customer adding or taking away profits and cash flow? I was doing a follow up email and received this auto response. “To
Contractor Bookkeeping
SEPTEMBER 23, 2013
Having owned and operated several construction businesses I know how important cash flow is to the success or failure of any business and especially construction companies like yours! 1 Annual sales of $250,000 with $45,000 net income including your salary. #2 Answer #6 - Which Is Better. #1
Buisness Facilities Contributed Content
APRIL 15, 2014
Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25
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