article thumbnail

Lean Construction, Payroll and Equipment Tracking

Carol Hagen

Lean Construction has been a hot topic for the past few years and is still gaining momentum. Recently representatives of Mortenson spoke at a NAWIC Greater Phoenix Chapter meeting and discussed renewable energy (showcasing a wind farm project in Hawaii) and how lean construction practices have improved productivity and their bottom line.

Equipment 120
article thumbnail

Three Unique Marginal Costs Grow Construction Profitability

Contractor Bookkeeping

Construction Company. High profit construction company owner''s focus on both and understand it "Takes Money To Make Money". 1 Get Rid Of Paperwork - All it does is slow your down and the more construction projects you win the more paperwork you will have to deal with. Three Simple Yet Powerful Action Steps You.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Safety as service for Kevin Moorhead

The Korte Company

Whether that means advising construction workers against taking shortcuts while handling chemicals or simply moving ladders out of the way, safety is a day-to-day job that’s best done through prevention, not response. And in construction, small mistakes can have big consequences. It makes him glad he intervened. From service to safety.

Safety 98
article thumbnail

Safety as service for Kevin Moorehead

The Korte Company

Whether that means advising construction workers against taking shortcuts while handling chemicals or simply moving ladders out of the way, safety is a day-to-day job that’s best done through prevention, not response. And in construction, small mistakes can have big consequences. It makes him glad he intervened. From service to safety.

Safety 98
article thumbnail

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?

article thumbnail

Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

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. It was obvious to us QuickBooks Setup was done by someone with very little if any experience in accounting let alone construction accounting.

article thumbnail

FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

We have owned and operated several construction companies from the early 1970''s until 2000 and experienced just about every good, bad and ugly thing possible. It is the construction contractors that is most adaptable to change.". They are listed in detail further down. 4 out of 100 contractors will earn between 3%-15% net profit.

FAQ 49