Contractor Bookkeeping

MAY 24, 2019

The most popular method designed by investors and developers and shrewd business people who understand the concept of divide and conquer is for contractors to get little or no down payment for a construction project, do all the work, including change orders and then try to collect their money.

Contractors 53

Contractors Profitability Banking Change Orders 53

Contractor Bookkeeping

AUGUST 30, 2013

More Secrets From Our Experiences With Successful Contractors. We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. The differences in operations between the two groups are very small and yet the profit picture is massively different. Subcontractors / Specialty Contractors.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

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! A lot of problems can be traced back to the "Halo Effect" which happens when a contractor thinks "We are so good at (fill in the blank) we should expand into (fill in the blank). Every problem has one answer "Brute Force".

Profitability 49

Profitability Bankruptcy Contractors Remodeling 49

Contractor Bookkeeping

FEBRUARY 28, 2014

If you are like most construction contractors your dream has turned into a bit of a nightmare which you cannot seem to wake up from. Perhaps it could be time for a shift is thinking and a radical change in the way you view the world. Perhaps it is time for you to experience: The Contractor Paradigm Shift!

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Viewpoint Construction Technology

OCTOBER 23, 2018

Many contractors are practically drowning in data and don’t have the right tools to parse and analyze the data in ways that would have meaningful impacts on their projects. That, however, is changing. We’ve heard our customers discuss it at both our Digital Contractor Roadshows and our Collaborate 2018 user conference this year.

Construction 225

Construction Software Software Cash Flow 225

Construction Business Owner

MARCH 1, 2012

Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. Technology for Collaboration & Cash Flow.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

JUNE 7, 2013

Free Construction Change Order Template. Free Cash Flow Diagram For Contractors. Free Cash Flow Diagram For Remodelers. Free Cash Flow Diagram For Home Builders. Would it be profitable or would something terrible happen to cause us to go bankrupt? Free One Hour Consultation.

Cash Flow 49

Cash Flow Contractors Spirit Change Orders 49

Contractor Bookkeeping

JUNE 19, 2013

Fast Easy Accounting has numerous FREE downloadable Forms for ever contractor around the world to use. Contractors and other business owners have come from a local level (Washington State), national level (across the USA), and internationally including Canada, Australia, UK, India, South Africa and many other countries around the world.

Profitability 49

Profitability Cash Flow Accounting Construction 49

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Process Change Orders Quickly. Automate P2P.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

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

Construction Business Owner

OCTOBER 14, 2011

Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Discussion about change order difficulties tends to be one of two types.

Change Orders 120

Change Orders Construction Software Software 120

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Process Change Orders Quickly. Automate P2P.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Autodesk Construction Cloud

JANUARY 19, 2022

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. Choose projects with profitable estimates.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Contractor Bookkeeping

JULY 28, 2014

Payment Applications For Residential Remodel & Commercial Tenant Improvement Contractors. This is a FREE form we developed for our handymen and trade contractors to use on the jobsite and at their office because invoicing in QuickBooks can be difficult. Change Orders and Related Payments. Simple Invoice.

Contractors 49

Contractors Change Orders Accounting Cash Flow 49

Construction Business Owner

APRIL 26, 2012

Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Stay on Top of Changes.

Change Orders 120

Change Orders Construction Profitability Software 120

Contractor Bookkeeping

MARCH 16, 2013

We Help Contractors Who Want The Company They Dreamed Of Owning. Most contractors love building things and meeting with customers. Seeing the joy on a homeowner's face when the new home is finished or when the big remodel is done gives contractors a lot of satisfaction and feelings of accomplishment. to the bottom line profit.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Construction Business Owner

OCTOBER 26, 2011

While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. change orders. January 2009. December 2008. November 2008. October 2008. September 2008.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

MARCH 16, 2013

We Help Contractors Who Want The Company They Dreamed Of Owning. Most contractors love building things and meeting with customers. Seeing the joy on a homeowner's face when the new home is finished or when the big remodel is done gives contractors a lot of satisfaction and feelings of accomplishment. to the bottom line profit.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

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

Construction Business Owner

OCTOBER 14, 2011

« A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. change orders. Processes & Tools. January 2009.

Change Orders 120

Change Orders Construction Software Software 120

Contractor Bookkeeping

MARCH 9, 2013

Some Contractors Hire Part Time Secretaries to do everything including construction bookkeeping and then wonder why their company debts keep growing and crushing them. Having all the job costs sorted and linked to each job in QuickBooks for Contractors. Tracking change orders in QuickBooks for Contractors for each job.

Contractors 48

Contractors Cash Flow Banking Change Orders 48

Construction Business Owner

JANUARY 30, 2011

» Relationship between the designer and the contractor. One part of our industry that I simply cannot get my head around is the oftentimes adversarial relationship that exists between the building design professionals and the building contractors on a particular job. change orders. My How You’ve Grown!

Contractors 120

Contractors Design Software Software 120

Construction Business Owner

AUGUST 18, 2011

Many State and Federal projects require a contractor to be bonded. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. This report illustrates how a contractor bills a client versus the work they have actually completed. change orders.

Cash Flow 168

Cash Flow Software Software Accounting 168

Contractor Bookkeeping

JULY 18, 2012

Electrical Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often electrical contractors hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. Electrical Contractors - Need people trained in construction bookkeeping not someone with experience in regular bookkeeping.

Electrical 48

Electrical Contractors Cash Flow Commissioning 48

Construction Business Owner

SEPTEMBER 27, 2011

A lot of contractors have asked me about Section 179. Most of these contractors are considering an investment in equipment or software, and they want to know if it can actually help their construction business. change orders. The Best Time to Go Live is…. The answer, in many circumstances, is yes. January 2009.

Construction 180

Construction Software Software Accounting 180

Construction Business Owner

FEBRUARY 16, 2012

» Contractors Seeking Credit Should Prepare to be Prepared. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds.

Banking 120

Banking Construction Cash Flow Finance 120

Contractor Bookkeeping

JULY 18, 2012

Commercial Tenant Improvement Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often Commercial Tenant Improvement Contractors hire a bookkeeper and end up with the wrong bookkeeper if they believe all bookkeepers are the same. Nothing is further from the truth. We know what to do! We know what to do!

Commercial 54

Commercial Contractors Remodeling Cash Flow 54

Contractor Bookkeeping

JULY 18, 2012

Plumbing Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often plumbing contractors hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. Plumbing Contractors - Need people trained in construction bookkeeping not someone with experience in regular bookkeeping.

Contractors 48

Contractors Cash Flow Commissioning Work in Progress 48

Contractor Bookkeeping

JUNE 18, 2013

The Contractor Paradigm. You will be a better contractor for it. We do not ask you to change who you are but rather encourage you to do what you do best and outsource the rest. We sincerely care about all contractors and want to do our part to help and support you. Poor scheduling affects production and cash flow.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Construction Business Owner

OCTOBER 26, 2011

I know a lot of contractors are getting into bidding season, and this got me thinking about communication. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. change orders.

Construction 159

Construction Software Software Bidding 159

Construction Business Owner

APRIL 5, 2012

And risk can be a profit center, since insurance companies obviously make money. Contractors work in the middle of a chain of risk passed onto them. change orders. With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. www.dexterchaney.com.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

JANUARY 18, 2012

Mid-January is a time of reflection for many contractors. Querying different type of jobs in job costing to look at profitability by type. change orders. Home » Blogs. « “How good do you want to be?” ” Pardon the Commercial Interruption… » Year-End Wake Up Call. January 2009.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

MAY 29, 2012

Contractors in today’s marketplace are caught in the middle of a paper and paperless culture. Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. change orders. Managing this information overload can be difficult. January 2009.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

MAY 24, 2012

But the point at which the office meets the field – where job progress is tracked, profitability is calculated, invoices and change orders are processed – this is the point where bad (or no) communications between the field and the office results in diminished performance and profits. change orders.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

NOVEMBER 8, 2011

It crystallizes our mission to make contractors’ jobs easier and we put that mission into our own words: “When better is possible, good is not enough.” For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” change orders.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

AUGUST 30, 2011

You know, lots of contractors using an off-the-shelf accounting program ask me the same question: Why is construction-specific accounting software so much more expensive? Construction-specific systems allow contractors to instantly track and analyze job progress and performance. change orders. Job Costing. January 2009.

Construction 168

Construction Software Software Accounting 168

Contractor Bookkeeping

JUNE 15, 2012

New Contractor's Levels of Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. You do all the work they get half the profits and you politely refuse. And spend time learning about Networking For Contractors. Now that's stressful. You say O.K.

Contractors 48

Contractors Insurance Claims Lien 48