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. 3 Your Income Tax Return Preparer.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Construction Business Owner

AUGUST 18, 2011

Now I am by no means an expert on the subject, so prior to starting the bonding process, it is important to consult with a bonding specialist to review all the requirements for your specific situation. So how do you get bonded? A few basic tips. These reports are great indicators of a company’s financial viability. February 2009. foundation.

Cash Flow 169

Cash Flow Software Software Accounting 169

Construction Business Owner

SEPTEMBER 27, 2011

I highly recommend that any contractor considering such an investment first consult with their CPA or tax specialist to discuss how Section 179 applies to their unique situation. Section 179 was designed to provide an attractive tax savings on these purchases. And who doesn’t like to save a buck or two, right? February 2009. foundation.

Construction 181

Construction Software Software Accounting 181

Contractor Bookkeeping

SEPTEMBER 1, 2014

For Example - The simple Profit & Loss Report Can Be Shown Four Different Ways With Little Effort. The First Two Profit & Loss Reports Show Accrual Basis Vs. Cash Basis. The Next Two Profit & Loss Reports Show Accrual Vs. Cash And % of Income. This may sound too good to be true and yet it is not.

Contractors 48

Contractors Accounting Cash Flow Profitability 48

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. Bad Numbers - Lead to bad decisions / cash shrinks / business unstable / bankruptcy or failure.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Contractor Bookkeeping

MAY 2, 2013

Four Important Words That Turn High Profit Jobs Into Non-Profit Jobs! Part of the root cause can be traced to a mild case of "Stockholm Syndrome" where contractors feel their cash flow may be held captive by their customers or clients. 3 Consult Your Employees. 3 Consult Your Subcontractors. I Have An Idea.

Change Orders 48

Change Orders Contractors Cash Flow Profitability 48

Contractor Bookkeeping

AUGUST 13, 2014

I Do Like Managed Risks - Which is anything I can control the input and have a greater than breakeven chance of making a profit. Knowledge Leads To Profits And Cash Flow. One Tiny Bit Of Knowledge High Profit Contractors. At 10% Profit You Need $15,544.20 More Sales To Maintain Profit Margin.

Contractors 48

Contractors Accounting Profitability CA 48

Contractor Bookkeeping

MAY 28, 2014

Can Help You Overcome the challenges of Marketing, Accounting and Production by focusing on the keys to unlock your contracting company natural inclination to generate consistently high cash flow and profits. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Contractors 48

Contractors Accounting Profitability Cash Flow 48

Contractor Bookkeeping

NOVEMBER 18, 2013

There are an infinite number of reasons why most construction companies do not generate a minimum 20% net profit and a six figure after tax income for the owners. I leave you with one thought here - How much in hard dollar profit does your construction crew generate annually? What Gets Measured Gets Managed!

Accidents 48

Accidents Accounting Construction Profitability 48

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Consult with a construction attorney and follow their advice. All large income and expenses go through one account and keep the debit card in your personal safe. 20% Of The Contractors Earn And Keep 80% Of The Profits.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

JUNE 20, 2014

You do all the work they get half the profits and you politely refuse. Consult with a construction attorney and follow their advice. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. This is getting very stressful.

Insurance 48

Insurance Construction Accounting Claims 48

Buisness Facilities Contributed Content

APRIL 15, 2014

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108

Income Finance Zoning Employment 108

Contractor Bookkeeping

MARCH 13, 2014

The truth is the most successful, wealthy, highly profitable construction contractors don''t like change. Six keys helped us out perform other contractors in terms of cash flow and profit year after year regardless of the economic conditions: I was raised in a construction family. Never, never let your C.P.A.

Accounting 48

Accounting Construction Contractors Profitability 48

Contractor Bookkeeping

SEPTEMBER 1, 2012

To control spam, I now allow incoming messages only from senders I have approved beforehand. How can we be of help with accounting, bookkeeping or consulting? Step 2: One hour FREE Consultation. Is your #1 Favorite Customer adding or taking away profits and cash flow? Your Answer: 3. Who do you owe money.

Accounting 48

Accounting Cash Flow Remodeling Consulting 48

Contractor Bookkeeping

JUNE 15, 2012

You do all the work they get half the profits and you politely refuse. Consult with a construction attorney and follow their advice. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. This is getting very stressful.

Contractors 48

Contractors Insurance Claims Lien 48

Buisness Facilities Contributed Content

MARCH 21, 2014

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

Income 75

Income Finance Zoning Equipment 75

Contractor Bookkeeping

MARCH 25, 2014

Also, a professional producer will be able to introduce you to other professionals and consultants, such as accountants and attorneys who can help grow your business. A producer who is familiar with your area of construction can give you the best guidance and help you foster a business relationship with your surety company.

Cash Flow 52

Cash Flow Accounting Profitability Work in Progress 52