Contractor Bookkeeping

NOVEMBER 3, 2012

You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! The most common situation is when a residential remodel contractor who has built a reputation and a substantial company generating profits of 15% or more decides to start building custom homes.

Profitability 48

Profitability Bankruptcy Contractors Remodeling 48

Contractor Bookkeeping

JULY 27, 2012

Bad Numbers - Lead to bad decisions / cash shrinks / business unstable / bankruptcy or failure. Bankruptcy - Result of saving money on bookkeeping and making decisions on garbage reports. Purpose Of Your Construction Company - Acquire clients, satisfy their needs and repeat as often as possible to increase cash flow and profits.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Pro Builder

JULY 26, 2021

Accept the definition that anything not firmly defined and nailed down prior to opening the first model home for sale will cost you time, money, trade frustration, customer irritation, and “brain damage” to your staff both in the office and in the field. Process Perils and Profit for Home Builders. Building Lean? Apply technology.

Overhead 105

Overhead Profitability Housing Materials 105

Buisness Facilities Contributed Content

OCTOBER 22, 2013

city in history to file for bankruptcy. The 4,600 workers now employed at the plant will produce nearly 300,000 vehicles this year, generating an estimated $2 billion in annual profits. You definitely will see more of these specialized higher education partnerships in the future in Louisiana.

Louisiana 49

Louisiana Detroit Education Bankruptcy 49

Contractor Bookkeeping

OCTOBER 3, 2014

Being Ripped-Off And Driven Into Bankruptcy! This is, always has been and will continue to be a major headache and in some cases the direct cause for construction company owners to file business and personal bankruptcy. An Alarming Number Of Construction Company Owners Are. That sounds harsh but it is true! For the full article [link].

Accounting 48

Accounting Construction Banking Contractors 48

Pro Builder

OCTOBER 3, 2020

Shortly after, I read another piece on bankruptcies in home building, and soon I was thinking of the more than 250 builders I’ve worked with over more than three decades and wondering: Does this “ Anna Karenina Principle ” about families also apply to home building? The question is: How profitable and sustainable are they, and at what cost?

Profitability 96

Profitability Finance Schedule Products 96

Levelset

JULY 18, 2022

Below, we’ve listed some items your business plan should definitely include. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. While cash flow is critical for survival, profit is essential for growing a plumbing business. Set goals for your business.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52