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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. Think of all the times: You loaned money to a friend or relative.

Finance 48
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Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

This means all legitimate banks; lenders and bonding companies have access to massive data bases which can make judgments about your Construction Company but only if you present the Profit & Loss Reports and Balance Sheet Reports in a format they can use.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Outflows for your Construction Company are generally the result of paying labor, material, other direct and indirect costs of goods sold and overhead expenses. Profit is a useful figure for calculating your taxes and reporting to the IRS. Please contact us and we can help you with it. Is Cash Flow The Same As Profit?