Remove Banking Remove Foundation Remove IDEA Remove Profitability
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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

The banker said his Profit & Loss, Balance Sheet did not look right to him. His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. QuickBooks Job Profitability Reports. He had to rely on his gut feeling.

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Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Education is the foundation for shifting paradigm.

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We Work With CPA's, Bankers, Advisers To Increase Contractor Profits

Contractor Bookkeeping

So we tend to mentor contractors in the early phases until they get the financial foundation in place and start making money. 1 Commercial Banker - Someone to help you manage cash flow and put your cash to work earning interest with sweep accounts and other banking tools. We work closely with C.P.A.

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Construction Business Owner Blogs

Construction Business Owner

Mr. Rattner discussed the stress tests given by the Treasury Department to large banks that were receiving TARP funds. What would you do next week if you lost that job you had been banking on? Let me know if any of you have done this before or have any ideas for putting together a stress test model for the construction industry.

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As Economy Heats Up Your Bookkeeper May Leave For Bigger Better Deal

Contractor Bookkeeping

Internal Accounting - The part that provides information for the Business Process Management system and generates reports for business owners to read and make decisions about what jobs are profitable and what jobs are not and the reasons why it is that way. After A Few Months - The bank started bouncing Fred''s checks.

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Construction Business Owner Blogs

Construction Business Owner

Drawings have been used by designers for centuries to communicate ideas to the construction trades. Does an electrical raceway run through a duct bank? Though we’ve just scratched the surface here, hopefully, we’ve covered some fundamental characteristics of BIM that will help set the foundation on which we can all go forward.

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Adding Efficient Construction Management and LEED Certification to Lower Operating Costs

Constructonomics

The United States Green Building Council, a national non-profit organization, is credited by many for paving the way toward more responsible construction. Sustainable projects often also enjoy preferred financing from banks and other lenders. The decision to retrofit and become LEED certified is becoming more and more popular.