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Construction Business Owner Blogs

Construction Business Owner

But I have been surprised at the number of contractors who tell me that they have bid for jobs at break-even or at a loss. ” Every construction project is a gamble – you’re betting that your estimate is accurate, that labor and material prices don’t go through the roof, etc. Committing Intentional Project Communications.

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Free Customizable Construction Accident Prevention Programs

Contractor Bookkeeping

A lot of our contractor clients have needed an Accident Prevention Program to include with their bid submittal package and some of them have found this resource useful. And we go over and over how the foundation of a successful construction company is good solid financial reports. We hope you do too! Visit [link] to learn more.

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Latest Trend, Bookkeeper Works For Contractor That Goes Bankrupt

Contractor Bookkeeping

In today''s fast paced construction environment you need accurate up to date Profit & Loss, Balance Sheet and Job Costing Reports to produce accurate bids, invoices and progress billings for your customers and clients. No Construction Bookkeeping Services System Means Chaos Rules! Visit [link] to learn more.

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Bookkeeper Vs. Accountant Vs. C.P.A. For Your Construction Company

Contractor Bookkeeping

Expenses - Overhead required to maintain business operations. Expenses - Overhead is extremely complex because some expenses in regular Accounting are actually Cost of Goods Sold in construction accounting. Breakeven - Very difficult to calculate because most projects are one-of-a-kind custom jobs. Visit [link] to learn more.

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QuickBooks Online Converted To QuickBooks Contractors Desktop Online

Contractor Bookkeeping

Expenses - Overhead required to maintain business operations. Expenses - Overhead is extremely complex because some expenses in regular Accounting are actually Cost of Goods Sold in construction accounting. Breakeven - Very difficult to calculate because most projects are one-of-a-kind custom jobs.

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Rory Woolsey's Construction Estimating Blog: The Estimating.

Rory Woolsey

The estimating process begins with a thorough understanding (and visualization) of the projects scope of work. Successful "hard bid" contractors know very well that scoping construction goes well beyond the AE scope and must include field specific scope. Typically the published unit costs do not include all the above.

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Rory Woolsey's Construction Estimating Blog: Losing Your Shirt.

Rory Woolsey

Knowing where the key project metrics such as time , costs, resources , and cash flow are relative to a datum (the project plan). Good project managers will always know where these project metrics are because they are indicative of the immediate health of the project. Enough said! construction consultants.