Contractor Bookkeeping

AUGUST 11, 2014

The banker said his Profit & Loss, Balance Sheet did not look right to him. His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. QuickBooks Job Profitability Reports. He had to rely on his gut feeling.

Profitability 48

Profitability Contractors Accounting Income 48

Contractor Bookkeeping

AUGUST 4, 2014

Ever Wonder Why Some Competitors Seem To Have More Cash Flow And Profit Than You? Earning enormous amounts of cash and profits in any business is simple, not easy, but simple if you know what to do. Joe The Plumber''s Story: I met a plumbing contractor in the mid 1970''s who was very profitable.

Profitability 49

Profitability Contractors Accounting Documentation 49

Job Order Contracting

DECEMBER 13, 2020

Organizations that do not implement and continuously import upon a program-based approach, under which all projects a planned, procured, and executed, suffer from unclear objectives , shifting requirements , unrealistic schedule s, and reactive planning , Poor planning and poor change management impede individual project successes.

Project Management 161

Project Management Capterra Organization Management 161

Contractor Bookkeeping

AUGUST 30, 2013

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. Invite Your Construction Bookkeeper To A Jobsite For Half A Day. We do something similar for some of our contractor clients.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

PSMJ Resources

MARCH 26, 2012

Effective Project Managers Need Authority. Clients want strong project leaders rather than mere project “administrators” who’ll simply manage things and move them around. The project team is looking to the PM for guidance and direction. • Make the planned profit on every job.

Project Management 43

Project Management Resource Management Cash Flow 43

Contractor Bookkeeping

FEBRUARY 28, 2014

To make matters worse there are a never ending parade of consults and hucksters ready to solve all your problems and make everything right as if by magic; and you know that''s not going to happen! Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

SEPTEMBER 20, 2013

Wealthy contractors have a secret system that shows them what to do, when to do it, how much it will cost, how long it will take to be paid back, the Return on Investment and they use the new cash flow and profits to do it over and over and get richer and richer! Watch The Video Below And If You Are A Contractor.

Profitability 50

Profitability Contractors Accounting Montana 50

Contractor Bookkeeping

OCTOBER 1, 2013

Wealthy contractors have a secret system that shows them what to do, when to do it, how much it will cost, how long it will take to be paid back, the Return on Investment and they use the new cash flow and profits to do it over and over and get richer and richer! Watch The Video Below And If You Are A Contractor.

Profitability 49

Profitability Contractors Accounting Montana 49

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. Construction Project Manager PMP.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

DECEMBER 20, 2013

With the optional bill tracking and bill payment services they are increasing bottom line profits by avoiding late fees and taking advantage of vendor discounts which in some cases can generate 36% Return on Investment! About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Profitability 48

Profitability Accounting Construction Security 48

Construction Business Owner

AUGUST 18, 2011

This agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports.

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. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management.

Construction 181

Construction Software Software Accounting 181

Construction Business Owner

JUNE 29, 2012

« Better Project Management through Better Communication. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. construction management.

Construction 120

Construction Safety Software Software 120

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management. Document management. Click To Tweet. Estimation tool.

Procurement 63

Procurement Plans Construction Budgeting 63

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

OCTOBER 18, 2013

If your bookkeeper is an employee and they have no equity interest in your company they do not have the same concern about your construction company''s cash flow and bottom line profit that you do because when it fails they can blame you for "Not knowing how to run a business" and go wreak havoc elsewhere.

Contractors 48

Contractors Bankruptcy Cash Flow Accounting 48

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management. Document management. ” username=””]. Estimation tool.

Procurement 52

Procurement Plans Construction Budgeting 52

Construction Business Owner

MAY 31, 2011

This phase consists of consultation with Customers, Sales, Client Services, Quality Control, Programming and Management. This may involve continued consultations with those people previously interviewed. Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 150

Construction Software Software Accounting 150

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

Construction Business Owner

DECEMBER 9, 2011

David is a construction safety expert for Carolina Safety Consultants with over 20 years of experience. Some project managers tend to think of safety in the workplace as one of those things that we do “when we get a chance.” Committing Intentional Project Communications. construction management. Management.

Construction 137

Construction Insurance Software Software 137

Construction Business Owner

NOVEMBER 3, 2011

Gregg is a consultant with FMI and specializes in the areas of productivity and project management. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

In the February issue of CBO, FMI consultant Gregg Schoppman points out some important lessons every construction business owner can learn from Beane’s story. In the end, jobs must translate to bottom-line profitability.” Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 120

Construction Software Software Accounting 120

PSMJ Resources

JULY 15, 2014

the premier management consulting firm for the architecture, engineering, and construction industries, announces members of the 2014 Circle of Excellence. Phillips + Bacon Consulting Engineers DGR Engineering Praxis3 Enterprise Engineering, Inc. Robinson Consultants Inc. GEC Architecture Rodgers Consulting Inc.

Resource 40

Resource Cash Flow Consulting Engineering 40

Cassell Construction Estimating

JUNE 4, 2009

We at Cassell Consulting are having a decent year. The trends of the last quarter are continuing – decreasing profit margins, more bidders on every job, and at times companies bidding what appears to be downright foolishly. We have smaller projects going with Martel in Montana and Arita Poulson in Hawaii.

Montana 100

Montana Hawaii Bidding Cash Flow 100

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

NOVEMBER 15, 2013

. #02 Primary Financial Reports like Profit & Loss and Balance Sheet how your construction company is doing from a big picture view like looking out the window of an airplane cruising at 30,000 feet. 03 Job Costing Reports like Profit & Loss By Job, Job Profitability and Estimates Vs. . #03 QuickBooks Cash Report.

Accounting 48

Accounting Construction Profitability Project Management 48

Construction Business Owner

FEBRUARY 9, 2012

I’m pleased to announce that this week’s blog is written by David DeVita, President of Carolina Safety Consultants. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. Management.

Construction 120

Construction Software Software Safety 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. BPM – Business Process Management for construction company owners to grow passive income streams.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Construction Business Owner

FEBRUARY 2, 2012

Jim is a senior consultant with FMI and specializes in building profits by developing tailored operations strategies for his clients. If leadership success was measured only on profitability, then there were certainly many “great leaders” sitting in the CEO position of many contracting companies. construction management.

Construction 120

Construction Software Software Accounting 120

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. What Gets Measured Gets Managed! I leave you with one thought here - How much in hard dollar profit does your construction crew generate annually?

Accidents 48

Accidents Accounting Construction Profitability 48

Construction Business Owner

AUGUST 19, 2011

These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. Management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 17, 2012

This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management.

Construction 120

Construction Software Software Injury 120

Contractor Bookkeeping

AUGUST 25, 2014

In normal times, contractors who pay close attention to their Five Key Performance Indicators financial reports and stay aware of the macro global economy and the micro local economy can plan ahead and earn a normal profit after paying the owners a reasonable salary. Pent Up Demand #01 - Deferred maintenance. Visit [link] to learn more.

Contractors 48

Contractors Accounting Hawaii Profitability 48

Contractor Bookkeeping

DECEMBER 20, 2013

In the end we believe Bill.Com is still a worthwhile investment because of the time savings and increased cash flow.). Profitable Construction - Companies have known about the value of online invoicing and bill payment to help increase their cash flow and profitability and now you know about it too!

Contractors 48

Contractors Accounting Cash Flow Construction 48

Contractor Bookkeeping

JUNE 1, 2013

The First Place to start is an understanding the real profit in any construction is made in the office, not in the field because hard work in the field cannot overcome bad strategy from the office. The Key To Maximizing Profits is finding the right mix of production and resources. Grow By The Inch Is A Cinch, Grow By The Yard Is Hard.

Products 48

Products Profitability Construction Cash Flow 48

Contractor Bookkeeping

JULY 28, 2014

All construction problems are related to cash flow or communication. As soon as I need money I will ask for it - See Cash Flow Diagram. Large Profitable Construction - Companies have known about and used some form of Business Process Management (BPM) for hundreds of years. Click Here To Learn More.

Contractors 49

Contractors Change Orders Accounting Cash Flow 49

Construction Business Owner

NOVEMBER 10, 2011

This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management.

Construction 120

Construction Software Software Safety 120