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Preparing Your Business for a New Buyer

Wolgast Corporation

He can close the doors, walk away, and lay off his staff of 25, he can sell the business and the building to an interested party and use the money to supplement his retirement savings, or he can find someone who wants to buy the business and then lease the building to him or her, keeping rental income for continual cash flow.

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Remodel Contractors Have Unique Bookkeeping Needs

Contractor Bookkeeping

Remodel Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often remodel contractors hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. The resulting destruction to you, your crew, your company and the poor family whose home you are remodeling would be extremely expensive.

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Construction Company Technology Practices To Reduce Financial Management Cost

Contractor Bookkeeping

Six keys helped us outperform other contractors in terms of cash flow and profit year after year regardless of the economic conditions: I was raised in a construction family. From the mid-1970's until 2000 we owned and operated several construction companies and a few Plumbing Contracting companies.

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Twelve Free Ways For Contractors To Get Through The Recession

Contractor Bookkeeping

Free Cash Flow Diagram For Contractors. Free Cash Flow Diagram For Remodelers. Free Cash Flow Diagram For Home Builders. Free Business Process Management Tips. Free Construction Estimate Template. Free Construction Change Order Template. Free Time Card Templates. Free Notary Services.

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How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems. Home Builder Doing A Residential Remodel.

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Small And Micro Construction Companies Have Unique Bookkeeping Needs

Contractor Bookkeeping

You would never hire a construction worker with a background in new construction commercial work to help you with a delicate residential remodeling project because they are trained to rip and tear, yell, get aggressive and bully everyone and everything in their way. Pay Application Invoicing For Remodel Projects.

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What Labor Shortage? Not All Home Builders Affected Equally

Pro Builder

Yet, here we are, with strong sales, great cash flow, abundant profits, and not enough people to build the homes. . Business Management. Bill was fired up in those days about concepts such as creating “customers for life,” becoming the “builder of choice,” and learning to do “right things right, the first time.”