Contractor Bookkeeping

NOVEMBER 3, 2012

You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! The most common situation is when a residential remodel contractor who has built a reputation and a substantial company generating profits of 15% or more decides to start building custom homes.

Profitability 49

Profitability Bankruptcy Contractors Remodeling 49

Contractor Bookkeeping

FEBRUARY 5, 2014

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.

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. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. While cash flow is critical for survival, profit is essential for growing a plumbing business.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 19, 2022

Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. While cash flow is critical for survival, profit is essential for growing a painting business.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 15, 2022

Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. While cash flow is critical for survival, profit is essential for growing an electrical business.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Contractor Bookkeeping

OCTOBER 3, 2014

Being Ripped-Off And Driven Into Bankruptcy! For example I am a licensed Journeyman Plumber (PL01) in Washington State, and have owned and operated successful residential remodel companies, new construction residential and commercial plumbing companies as well as service, repair and drain cleaning plumbing companies.

Accounting 48

Accounting Construction Banking Contractors 48

Levelset

JULY 22, 2022

Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. While cash flow is critical for survival, profit is essential for growing a roofing business.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52