Contractor Bookkeeping

NOVEMBER 3, 2012

The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems. Home Builder Doing A Residential Remodel.

Profitability 48

Profitability Bankruptcy Contractors Remodeling 48

Contractor Bookkeeping

OCTOBER 3, 2014

An Alarming Number Of Construction Company Owners Are. Being Ripped-Off And Driven Into Bankruptcy! I say that with all due respect to egg heads since I am an egg-head with several degrees and certifications in Accounting, Construction Accounting and Project Management. That sounds harsh but it is true!

Accounting 48

Accounting Construction Banking Contractors 48

Contractor Bookkeeping

JULY 27, 2012

Over The Past 30+ Years - I have accumulated a variety of terms to describe the construction industry. Aggravation Box - Computer with construction accounting software operated by a trainee. Bad Numbers - Lead to bad decisions / cash shrinks / business unstable / bankruptcy or failure.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Contractor Bookkeeping

FEBRUARY 5, 2014

Tax Season Is Here and this is when most construction contractors think about getting their construction bookkeeping system in order so they can file their annual tax return for the previous year. Each Branch Of Accounting serves a different function similar to how it works in construction. Why Not All Three? Most C.P.A.

Accounting 48

Accounting Construction Profitability Contractors 48

Contractor Bookkeeping

JUNE 18, 2012

Construction Change Order Phobia. The contractor appeared to be on the verge of a panic attack because he was experiencing serious financial trouble with his construction business and needed quick relief. The Contractor - Did eventually file bankruptcy and lost everything including his home and more than I care to discuss here.

Change Orders 48

Change Orders Profitability Work in Progress Construction 48

Contractor Bookkeeping

AUGUST 20, 2014

Finding a customer or a client who needs something built, repaired or remodeled. It helps if you understand that most Construction Contractors live in a rough and tumble world. Construction is a feast and famine type of industry. Either way it will be magnificent or a lot of fun! In most cases neither one is true.

Contractors 48

Contractors Accounting Cash Flow Project Management 48

Levelset

JULY 19, 2022

It’s an excellent time to consider starting a painting company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for painters. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52