Contractor Bookkeeping

NOVEMBER 3, 2012

The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems. The Solution.

Profitability 49

Profitability Bankruptcy Contractors Remodeling 49

Buisness Facilities Contributed Content

MAY 21, 2014

A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. We are committed to helping make that future a reality,” the bank said, in an internal document acquired by The Detroit Free Press and posted online.

Detroit 49

Detroit Bankruptcy Michigan Banking 49

Contractor Bookkeeping

JUNE 11, 2013

Job costing reports are the key to unlocking the mystery of which markets to serve, which jobs to bid, how much they need to cover the direct and indirect costs and which ones to walk away from. Having QuickBooks Setup the right way for construction is the foundation for having a useful job costing reporting system.

Accounting 48

Accounting Bankruptcy Profitability Contractors 48

Contractor Bookkeeping

OCTOBER 3, 2014

Being Ripped-Off And Driven Into Bankruptcy! This is, always has been and will continue to be a major headache and in some cases the direct cause for construction company owners to file business and personal bankruptcy. 13 - Your Bookkeeper - Is the primary contact for your company''s banks, auditors, creditors, etc. #14

Accounting 48

Accounting Construction Banking Contractors 48

Contractor Bookkeeping

FEBRUARY 5, 2014

Their primary function is preparing the annual tax return, performing audits and preparing Certified Financial Statements for bank loans and when a construction contractor requires them before issuing a construction bond. Bank Balance - Un-cleared Checks) = Cash. Certified Public Accountants (C.P.A.) Most C.P.A. Cash On Hand.

Accounting 48

Accounting Construction Profitability Contractors 48

Levelset

JULY 18, 2022

Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. What kinds of jobs are they bidding on? If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. Analyze your competition.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Contractor Bookkeeping

FEBRUARY 14, 2014

Innovation Or Bankruptcy. If you are a remodel contractor your core competencies revolve around bidding, proposing, closing deals, getting a deposit, scheduling the work, hiring construction workers and qualified sub-contractors, getting the work done and collecting the balance of your money. Need Periodic Invoices For Bank draws.

FAQ 49

FAQ Contractors Accounting Security 49