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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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Construction Business Owner Blogs

Construction Business Owner

your increasing payroll, jobs, inventory, equipment, etc.), This post was mentioned on Twitter by Erica Brindley, Foundation Software. Foundation Software said: Check out Fred Ode's New Blog: "Don't Dig Your Own Grave": [link] #construction #accounting #software [.]. foundation. foundation software.

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Commercial Tenant Improvement Contractors Have Unique Bookkeeping Needs

Contractor Bookkeeping

QuickBooks Setup - And choosing the correct QuickBooks Version is the most critical part of all because it is the foundation upon which your entire financial system is built. Typically they work in the daytime and sleep at night. We know what to do!

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Three Unique Marginal Costs Grow Construction Profitability

Contractor Bookkeeping

3 Excess Inventory - Empty your trucks and vans, clean out the dirt and grim and when you restock see how much you can leave out. This one thing can have a massive impact on cash flow and profits. Then develop a project plan to eliminate them, one at a time. #3 Edward Deming, Michael Gerber, Walter A.

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Spec Home Builders Have Unique Bookkeeping Needs

Contractor Bookkeeping

QuickBooks Setup - And choosing the correct QuickBooks Version is the most critical part of all because it is the foundation upon which your entire financial system is built. They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? We know what to do!

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

Excessive Accounts Were setup to track individual inventory items like lumber, nails, paint, pipe, roofing material, dirt, bark etcetera. The ripple effect, like throwing a stone in a pool of water impacts the area around it, caused massive cash-flow headaches. Education is the foundation for shifting paradigm.

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Home Builders Who Need To Keep Track Of Specialty Contractor Costs

Contractor Bookkeeping

QuickBooks Setup - And choosing the correct QuickBooks Version is the most critical part of all because it is the foundation upon which your entire financial system is built. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve.