Remove Banking Remove Cash Flow Remove Consulting Remove Schedule
article thumbnail

Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

article thumbnail

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

In the meantime, service agreement customers are a source of cash flow and are predetermined to call you instead of your competition when repairs are necessary. One of the best parts is you have an immediate increase in cash flow. Some clients will not return phone calls and never let you schedule their service.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Washington State Department of Revenue Sending E-Mail To Contractors

Contractor Bookkeeping

A new message regarding a change to the Department of Revenue''s banking information is waiting in your Secure Messaging Inbox regarding your account. On July 1, 2014, the Department''s bank account will move from Bank of America to US Bank. You may see a change in the payment description on your bank statement.

article thumbnail

Do Contractors Need Every QuickBooks Feature?

Contractor Bookkeeping

We agree with half of that statement; contractors need to pay their fair share of taxes but not until they absolutely have too for two reasons: #1 Paying bills early hurts cash flow. #2 The Next Two Profit & Loss Reports Show Accrual Vs. Cash And % of Income. 2 Comparing your contracting company with your competitors. #3

article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Go To Your Bank - And they offer you a line of credit. Consult with a construction attorney and follow their advice. Bank Accounts - Set up two bank accounts in your company name. It is a must have to borrow money from a bank. You do all the work they get half the profits and you politely refuse. You say O.K.

article thumbnail

Three Unique Marginal Costs Grow Construction Profitability

Contractor Bookkeeping

This one thing can have a massive impact on cash flow and profits. This Is One More Example of how Fast Easy Accounting is helping construction company owners all across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Call Sharie 206-361-3950.

article thumbnail

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Did You Go To Your Bank - And they offered to give you a line of credit. Consult with a construction attorney and follow their advice. Bank Accounts - Set up two bank accounts in your company name. It is a must have to borrow money from a bank. This is getting very stressful. You say O.K.