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PSMJ Resources Blog: 11 Ways to Cut Overhead

PSMJ Resources

11 Ways to Cut Overhead. Here are eleven creative ideas to reduce your overhead expenses. Shift job-cost reporting, billing, and other accounting functions to the secretary who does it as a part-time, collateral duty. Assign collateral duties to everybody in the office, virtually eliminating overhead positions.

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Contractors Use Google Earth Like A Giant Stanley Tape Measure

Contractor Bookkeeping

an hour plus overhead. Which means if they invest $100 today we would like to see the money back in the company bank account in four years? For Our Financial Analyst , financial manager and economist and statistician friends reading this I know what you are thinking: What about the Present Value? What about discount rates?

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Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

In the late 1800''s bankers, lenders and credit agencies began working toward a common language to develop a set of standards for how financial statements could be presented that would allow everyone in the world of finance to compare apples to apples. See more at: [link]. See more at: [link].

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Getting the basics right (for residential contractors): It isn’t complicated

Construction Marketing Ideas

Sure, you may get some unqualified leads, but the salesperson is usually too quick to blame “price, products or people” instead of “poor presentation and preparation.”. If you have excessive overhead and business costs, you’ll also fail. Take a look at your overhead, scheduling and any waste, of course.

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Free Customizable Construction Accident Prevention Programs

Contractor Bookkeeping

I talk endlessly during in person presentations to gatherings of contractors and other business owners about developing and monitoring their construction company''s strategy, expansion isoquants, business plans. We Are QuickBooks And Xero Online Accounting Experts Specializing In Construction Bookkeeping Services.

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Unique Construction Company Financing Secrets Revealed

Contractor Bookkeeping

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 Bankers love chatting with accountants because we speak the same language. The Construction Specifications Institute (CSI).

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How to Select a JOC Unit Price Book

Building Information Management

Modifiers, on average, account for 30% of the cost a a JOC task order. Are demolition line items present ? It is critical that any JOC consultant involved in approving individual JOC task orders be totally independent form any JOC products or services. Documenting and presenting the estimate. Learn more… [link].