Accounting Bankruptcy Overhead Profitability 
Contractor Bookkeeping
JUNE 11, 2013
There is some confusion about the differences between job costing accounting and regular accounting which leads some contractors to believe they can get what they need from any bookkeeper and the cheaper the better. Two Basic Types Of Accounting. #1 Tax Accountants are good people and have a place in the accounting world.
Contractor Bookkeeping
FEBRUARY 5, 2014
Each Branch Of Accounting serves a different function similar to how it works in construction. Three Accounting Skillsets = Three Types Of People. Bookkeepers are the lowest paid and the least skilled accounting specialist. Accountants are the next highest paid accounting specialist. Most C.P.A. Most C.P.A.
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Chianelli Estimating
AUGUST 6, 2020
One error may be the difference in bankruptcy or staying afloat. General Condition costs along with indirect costs tend to be much smaller but they are still a reality of doing business and a real profit killer; particularly when not accounted for. Accounting expanse. Less opportunities. Office Utilities. Office supplies.
Contractor Bookkeeping
OCTOBER 18, 2013
No construction company goes bankrupt that had useful accurate Financial Statements and Job Costing Reports that they understood and paid attention to because they would have seen bankruptcy coming well enough ahead of time to avoid it. If The Bookkeeper Has No Skill In Construction Accounting.
Contractor Bookkeeping
AUGUST 6, 2014
1 Your Profit & Loss and Balance Sheet Reports do not conform to financial industry standards. #2 2 The financials tell the banker your bookkeeper doesn''t understand Construction Accounting. #3 4 You have no access to a construction accountant, not even for quarterly check-ups. #5 Five Red Flags To Avoid. #1
Pro Builder
JULY 26, 2021
Process Perils and Profit for Home Builders. Some might cite the recently announced bankruptcy of high-tech building company Katerra as just one more sad story in this long, disappointing history, having blown through $2.4 Building Lean? Beyond Value Engineering. 3 Reasons Off-Site Construction Could Help Shape the Future of Housing.
Contractor Bookkeeping
FEBRUARY 14, 2014
It has always been and will likely always be that: 95 out of 100 contractors will earn less than 3% net profit. 4 out of 100 contractors will earn between 3%-15% net profit. 1 out of 100 contractors will earn in excess of 15% net profit. Innovation Or Bankruptcy. profit went straight to the bottom line.
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