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KPIs for Architects: 3 Performance Indicators to Watch

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Where direct labor is the percentage of salaries that are spent on billable work (rather than overhead time). Utilization rate is a measure of the percentage of hours spent on billable projects versus overhead or administrative work. For example, let’s look at a two-person firm that includes a designer and an office manager.

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A Cash Flow Guide for Architects

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This is in contrast to an accrual basis , which is a form of accounting that tracks revenue and expenses when they are incurred, not when they are paid or received. Each of the categories above can be further broken down into a more detailed list that provides the structure for the business’ chart of accounts.

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Contractor's Secretary Does Everything Including Bookkeeping!

Contractor Bookkeeping

Sending the Notice to Owner of Intent To Lien to protect my financial interests. Twelve General Office Duties: Be the receptionist. Fill out every new form that arrives in the office. Clean the office, the restroom and general housekeeping chores. Enter banking transfers between checking and savings accounts.

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

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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. New businesses can leverage technology, automation, and lower overhead costs to compete with existing businesses.

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How to Start a Plumbing Business: 9 Tips for Growth

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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. If you have an accountant, work with them to create a real-time view of your cash flow that you can check at any time.

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

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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. If you have an accountant, work with them to create a real-time view of your cash flow that you can check at any time.

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How to Start an Electrical Business: 9 Tips for Growth

Levelset

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. If you have an accountant, work with them to create a real-time view of your cash flow that you can check any time.