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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

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Five Tips To Help Contractors Stop Losing Money On Change Orders

Contractor Bookkeeping

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. Life gives us a test (working without change order management system) and if we learn the lesson (get change orders signed and paid) we pass the test. Am I crazy?

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Construction Bad Debt What To Do About It

Contractor Bookkeeping

In your construction company it is the same, you need the answers in order to develop understanding and that is what helps us all let go of the past and move forward. You can offer financing by getting a merchant account setup at a bank and/or credit union that will offer to loan your construction client''s money for small projects.

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Is There a Future in Commercial Investment Properties for You?

Wolgast Corporation

On a surface level, it seems like a long-term, but easy investment that will generate ongoing income and also potentially appreciate in value the longer you own it. You can calculate the Cap Rate by dividing the Net Operating Income by the current market rate 4. Financing Help. Otherwise, you could contact us at 800-WOLGAST.

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

Recently A General Contractor Who Needed Help Getting Useful Reports Contacted Us. Another contractor client of ours referred us and he called Sharie 206-361-3950 and asked what we could do to help and how much would it cost. This One Bookkeeper Error Caused the contractor to OVERPAY HIS ANNUAL INCOME TAX.