Remove Bankruptcy Remove Management Remove Profitability Remove Residential
article thumbnail

How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

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! Construction company owners who understand Construction Psychology and the need for Business Process Management (BPM) System also know the importance of being process dependent, not people dependent.

article thumbnail

Construction Change Order Phobia Increases Stress Reduces Profits

Contractor Bookkeeping

Several Years Ago - A prospect and his office manager / bad bookkeeper / wealth prevention tool came to our office. Oddly Enough - The office manager / bad bookkeeper / wealth prevention tool was not the least bit concerned about anything. Hopefully He Will Read - Some of what I have and contact us as we have lost contact with him.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Stop Bookkeeper Embezzlement In Your Construction Company

Contractor Bookkeeping

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. An Alarming Number Of Construction Company Owners Are. That sounds harsh but it is true! For the full article [link].

article thumbnail

How to Start a Roofing Business: 9 Tips to Grow & Thrive

Levelset

It’s an excellent time to consider starting a roofing company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for the roofing industry, which is expected to grow revenues by around 1% annually for the next five years. . Read more: The profit roadmap for contractors.

article thumbnail

How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

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. Will your business focus on residential customers or commercial painting projects ? Read more: The profit roadmap for contractors.

article thumbnail

How to Start a Plumbing Business: 9 Tips for Growth

Levelset

It’s an excellent time to consider starting a plumbing company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for plumbing companies, which are expected to grow revenues by more than 1% annually for the next five years. Read more: The profit roadmap for contractors.

article thumbnail

How to Start an Electrical Business: 9 Tips for Growth

Levelset

It’s an excellent time to consider starting an electrical company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for the electrical industry, which is expected to grow revenues by more than 1.5% Read more: The profit roadmap for contractors.