Construction Business Owner

APRIL 1, 2011

Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs.

Cash Flow 120

Cash Flow Construction Software Software 120

Lets Build

AUGUST 4, 2023

Cost management : The solution should offer integrated financials like bids, budgets, payroll, invoicing, billing, and cash flow to manage every cost of the project. Traditional paper-based processes are inefficient, ineffective, and prone to error, impacting the profitability of construction firms.

Software 78

Software Software Construction Budgeting 78

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in). Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Lets Build

AUGUST 4, 2023

Cost management : The solution should offer integrated financials like bids, budgets, payroll, invoicing, billing, and cash flow to manage every cost of the project. Traditional paper-based processes are inefficient, ineffective, and prone to error, impacting the profitability of construction firms.

Software 78

Software Software Construction Budgeting 78

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. If You Know Exactly What To Do.

Profitability 48

Profitability Construction Accounting Cash Flow 48

PSMJ Resources

JUNE 24, 2014

Revenues and profits must allow new owners to recoup their investment.) · Show consistent profit earnings. Demonstrate consistent cash flow potential for the new owner. Value is subject to current market conditions and past and potential profitability, not cost of living. · How profitable your firm should be.

Cash Flow 46

Cash Flow Profitability Guidelines Design 46

Constructonomics

FEBRUARY 14, 2010

Me neither, until I ran across an article on the New York Times website today whe re an interview was published with the author of, “Profits Aren’t Everything, They’re the Only Thing” and the founder of American Management Services. Or do they? Wherever did he come up with this idea? You have to follow the law.

Profitability 148

Profitability Cash Flow Management New York 148

Construction Business Owner

MARCH 1, 2012

Collaborating on Cash flow » The Year of Mobile Technology? According to a report from the Pew Internet and American Life Project , “nearly 90% of Americans now own a cell phone, computer, MP3 player, game console, e-book reader or tablet computer” in 2011. Construction Business Owner Magazine. Home » Blogs.

Mobility 120

Mobility Cash Flow Construction Software 120

Contractor Bookkeeping

JUNE 22, 2012

1 Commercial Banker - Someone to help you manage cash flow and put your cash to work earning interest with sweep accounts and other banking tools. They are excellent at reviewing your Key Performance Indicators and advising on profit and growth opportunities. #2 and if you have one now keep them.

Profitability 48

Profitability Contractors Accounting Banking 48

Levelset

JUNE 21, 2022

So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow. An HVAC company that’s not managing cash flow is probably doing about as well as an AC unit that isn’t cooling.

Cash Flow 98

Cash Flow Accounting Profitability Residential 98

Construction Business Owner

JUNE 20, 2011

I think it is important that business owners never stop learning, so I read a lot of books to further my education on how to make my business the best it can be. February 2009. January 2009. December 2008. November 2008. October 2008. September 2008. August 2008. Tags accounting. accounting software. Add new tag. business development.

Construction 149

Construction Software Software Accounting 149

Contractor Bookkeeping

JULY 18, 2013

In time the laws of nature bring forth a great harvest of contacts, some of which become relationships that lead to construction projects which in turn generates massive amounts of cash flow, profit and eventually substantial wealth for the contractor.

Profitability 48

Profitability Contractors Accounting Compensation 48

Construction Business Owner

NOVEMBER 8, 2011

One of my favorite books is Good to Great by Jim Collins. Not All Construction Software is Created Equal » Being the Best. I read a lot. I think it’s a great way to keep the education ongoing like I talked about two weeks ago. January 2009. December 2008. November 2008. October 2008. September 2008. August 2008. Tags accounting.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

MARCH 1, 2012

« Collaborating on Cash flow. In the past few years, people have purchased billions of items over the internet from songs, books and apps to refrigerators, computers and cars. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Free Subscriptions. Construction Business Owner Magazine. February 2009.

Construction 120

Construction Cash Flow Security Software 120

Construction Business Owner

MARCH 6, 2011

I just finished reading Steven Rattner’s book, Overhaul – An insider’s account of the emergency rescue of the automakers. I learned something from reading this book. Construction Business Owner E-Newsletter. -->. Home » Blogs. « Don’t Dig Your Own Grave! February 2009. January 2009. December 2008.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JULY 27, 2012

Assets of Company - Cash / Receivables – Payables / Trucks / Tools / Equipment / Material. Assets of Firm - Cash / Business Process / Sales Process / Client List / Predictable Cash Flow. Contractor Not A Banker - Student of Business Consulting And Accounting who has mastered the art of managing cash flow properly.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Construction Business Owner

SEPTEMBER 29, 2021

How Construction Companies Can Boost Cash Flow and Profitability. How your company pays for purchases and manages expenses impacts your employees, your customers, and your key business metrics, including profitability. Improve cash flow with faster billing. project profitability. Greg Ragsdale.

Management 291

Management Virgin Islands Cash Flow Puerto Rico 291

Construction Business Owner

OCTOBER 10, 2011

The Right Tool for the Job » Linked-Tweet-Book-In-Face. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. « Construction Biz Group a Success. Today’s topic? Social media! A new list of do’s and don’ts seems to be posted every week along with a new social outlet. February 2009.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

I can see why this movie and book have become so inspiring. In the end, jobs must translate to bottom-line profitability.” “Moneyball is a film based on the true story of Oakland A’s general manager Billy Beane’s successful attempt to put together a baseball team on a tight budget. February 2009. January 2009. October 2008.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 22, 2011

Last week, I talked about Jim Collins’ book Good to Great , and the common characteristics of great companies. « E-mail overload. Cloud Computing Basics: The Internet as a Utility » Leveraging Technology to Enhance What You Already Do Well. First people, then processes. February 2009. January 2009. December 2008. November 2008.

Construction 159

Construction Software Software Accounting 159

Levelset

JULY 18, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing through your financial pipes. Here’s a little-known fact about growing a plumbing business: It can be incredibly cash-hungry. Review your cash flow regularly.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 19, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing as smoothly as your paint. Here’s a little-known fact about growing a painting business: It can be incredibly cash-hungry. Review your cash flow regularly.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 15, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing like current on a hot line. Here’s a little-known fact about growing an electrical business: It can be incredibly cash-hungry. You need to be a master of your cash flow.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Levelset

JULY 22, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing like water down a valley. Here’s a little-known fact about growing a roofing business: It can be incredibly cash-hungry. You need to be a master of your cash flow.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

Levelset

JUNE 21, 2022

So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow. An HVAC company that’s not managing cash flow is probably doing about as well as an AC unit that isn’t cooling.

Cash Flow 52

Cash Flow Contractors Accounting Profitability 52

Construction Business Owner

OCTOBER 10, 2011

Linked-Tweet-Book-In-Face » Construction Biz Group a Success. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. « The Third Key to Collaboration. February 2009. January 2009. December 2008. November 2008. October 2008. September 2008. August 2008.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 17, 2011

One of my very favorite books is Alan Cooper’s The Inmates Are Running The Asylum , which takes an in-depth look into software application design. Chaos reigns and some very ugly accounting software systems have infected the back offices of construction companies nationwide! I like to take the time to educate myself as much as possible.

Construction 149

Construction Software Software Accounting 149

PSMJ Resources

JULY 15, 2014

PSMJ''s Circle of Excellence is designed to highlight firms that are successfully managed, based on 13 key performance metrics that demonstrate outstanding achievements in profitability, staff growth, cash flow, productivity, business development, overhead management and turnover. About PSMJ: For 40 years, PSMJ Resources, Inc.

Resource 40

Resource Cash Flow Consulting Engineering 40

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. Profit margins in the construction industry are notoriously tight. As mentioned, construction teams risk losing out on profits when quality control isn’t given priority. For example, users can set limits on orders.

Procurement 52

Procurement Plans Construction Budgeting 52

Contractor Bookkeeping

FEBRUARY 10, 2014

Several years ago the accounting departments of smaller construction companies with less than $10M in annual sales had to slog through dozens of mind numbing General Journal Entries in order to "Close The Books". Verify Profit And Loss - Does It Make Sense? With QuickBooks that process is mostly automatic.

Accounting 48

Accounting Construction Banking Project Management 48

Construction Business Owner

OCTOBER 10, 2011

« Linked-Tweet-Book-In-Face. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. Support: One of the Most Important “Features” of Software » The Right Tool for the Job. February 2009.

Construction 120

Construction Software Software Accounting 120

PSMJ Resources

MAY 25, 2010

These benchmarks are indicative of performance in the various aspects of business operations, including cash flow, overhead control, business development, project performance, staff utilization, and overall profitability. About PSMJ Resources, Inc. For more than 35 years, PSMJ Resources, Inc.

Resource 40

Resource San Diego Cash Flow Overhead 40

Rory Woolsey

FEBRUARY 28, 2012

Knowing where the key project metrics such as time , costs, resources , and cash flow are relative to a datum (the project plan). A poor plan for time, costs, resources and cash flow is sometimes worse than no plan. Time schedules, resource schedules and cash flow plans all come from a well thought out cost estimate.

Estimating 40

Estimating Cash Flow Budgeting Budget 40

Contractor Bookkeeping

APRIL 1, 2014

We show you how to remove unique cash flow bottlenecks which are common in contractors bookkeeping, that results in more money in the bank, reduced overhead and lowers their stress level. Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!

Accounting 48

Accounting Contractors Project Management Cash Flow 48

PSMJ Resources

MAY 28, 2009

These benchmarks are indicative of performance in the various aspects of business operations, including cash flow, overhead control, business development, project performance, staff utilization, and overall profitability. About PSMJ Resources, Inc. For over 30 years, PSMJ Resources, Inc.

Resource 40

Resource Cash Flow Overhead Consulting 40

Contractor Bookkeeping

JULY 30, 2014

We can Setup Your QuickBooks File, Enter Your Current and Past Accounting Documents and create the Unique Reports for you and have a Clean Set of Books for your Tax Accountant to file the taxes. The IRS Tax Code is similar to the OSHA Book – Thick and has Tiny Print. We welcome talking with your “Brand New Unskilled Bookkeeper”.

Accounting 49

Accounting Housing Construction Contractors 49

Contractor Bookkeeping

APRIL 20, 2013

Your customers and clients are busy with their own lives and most of them need to be reminded about how much they owe you in order for you to get paid and maintain your cash flow. QuickBooks, invoices, all the subcontractors’ info, and everything to keep the company books. The computer had all the company business on it.

Contractors 48

Contractors Documentation Office Cash Flow 48