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Phases of Commercial Real Estate Development

Construction Marketing

Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. The developer may also be responsible for arranging to finance the project, which can consist of a combination of equity and debt. You must secure financing for the project.

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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

The Balance Sheet is the summary report which shows all of the assets minus the liabilities which equals the "Book Value" or owner''s equity. Owner’s equity is in theory what would be left over if you liquidated the company, sold the assets and paid all of the debts or liabilities. Service Agreements Place On The Financial Reports.

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Contractor Bookkeeping Vs. Regular Bookkeeping

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Profit And Loss Report. Sales - Expenses) = Profit. Assets - Liabilities) = Equity. The bookkeeper generates a report showing $5,000 profit when in reality it was a ($15,000) loss!

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Contractor Accounting Vs. Regular Accounting

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Profit And Loss Report. Sales - Expenses) = Profit. Assets - Liabilities) = Equity. The bookkeeper generates a report showing $5,000 profit when in reality it was a ($15,000) loss!

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Profit And Loss Report. Sales - Expenses) = Profit. Assets - Liabilities) = Equity. -. Bank Account - Escrow Deposits. Bank Account - Operating. Bank Account - Job Deposits.

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QuickBooks Online Converted To QuickBooks Contractors Desktop Online

Contractor Bookkeeping

QuickBooks Online is a great program for small companies including some non-profit organizations but it is not suited for a serious construction contractor with more than two projects a month and generating more than $500 a year in sales. Profit & Loss statement anytime YOU want it! Bank Balance - Un-cleared Checks) = Cash.

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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.