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How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

A lot of problems can be traced back to the "Halo Effect" which happens when a contractor thinks "We are so good at (fill in the blank) we should expand into (fill in the blank). Or the opposite a home builder who decides to branch out into residential remodeling. Home Builder Doing A Residential Remodel.

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Bookkeeper Vs. Accountant Vs. C.P.A. For Your Construction Company

Contractor Bookkeeping

Tax Season Is Here and this is when most construction contractors think about getting their construction bookkeeping system in order so they can file their annual tax return for the previous year. Each Branch Of Accounting serves a different function similar to how it works in construction. Certified Public Accountants (C.P.A.)

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Serious And Funny Construction Definitions Contractors Enjoy Reading

Contractor Bookkeeping

Please feel free to share them with your friends, relatives and most importantly contractors as they will appreciate the humor and perhaps find value in the words of wisdom we are sharing. 80/20 Rule – 80% of a contractor’s wealth and wellbeing comes from 20% of their activities.

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FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. Click the button below to get right to the Frequently Asked Questions About Outsourced Contractors Bookkeeping Services. 4 out of 100 contractors will earn between 3%-15% net profit.

FAQ 49
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Stop Bookkeeper Embezzlement In Your Construction Company

Contractor Bookkeeping

Being Ripped-Off And Driven Into Bankruptcy! Whenever we see a contractor is heading toward a problem, issue or disaster we immediately raise an alarm. I say that with all due respect to egg heads since I am an egg-head with several degrees and certifications in Accounting, Construction Accounting and Project Management.

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How to Start a Roofing Business: 9 Tips to Grow & Thrive

Levelset

Moving from working as a roofing contractor to starting your own business may feel a bit dizzying, but it doesn’t have to be. We have a contractor licensing guide for every state you can refer to — as many states do require specific licensing for roofing businesses. Review your cash flow regularly.

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How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

We have a contractor licensing guide for every state you can refer to. Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. It’s important to keep your business’ finances separate from your personal accounts. Read more: The profit roadmap for contractors.