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Unique Construction Company Financing Secrets Revealed

Contractor Bookkeeping

You Want Money; Banks Want To Lend Money, What''s The Problem? Multiply That By 100,000 And You Will Begin To Understand Why Banks Seem So Tight Fisted About Loaning Money. Banks stay in business is by loaning money and earning interest. In particular, your construction company Profit & Loss and Balance Sheet.

Finance 48
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Bookkeeper Vs. Accountant Vs. C.P.A. For Your Construction Company

Contractor Bookkeeping

Their primary function is to review the transactions, reclassify some of them as needed and prepare payroll, monthly tax returns, quarterly tax returns, basic Profit & Loss Reports and Balance Sheet Reports. Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash.

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Stop Bookkeeper Embezzlement In Your Construction Company

Contractor Bookkeeping

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

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Scam Artists Are Calling Contractors Claiming To Be From The IRS

Contractor Bookkeeping

This has been a popular and from all indications a very profitable swindle because it appears to be getting worse. For the reasons outlined above some construction company owners have a nagging concern about when they will be found out and be faced with major fines, penalties and possible bankruptcy and in a few cases prison sentences.

IRS 48
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FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

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.

FAQ 49
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Contractor's Bookkeeping Causes Regular Bookkeepers To Panic!

Contractor Bookkeeping

Somewhere within the first two weeks the regular bookkeeper figures out there is either a lot of money in the checking account and everything looks rosy or there is no money in the checking account and they fear the contractor may be on the verge of bankruptcy. Click On The Button Below To Download A Free Guide. Need Help Now?