Remove Consulting Remove Profitability Remove Project Management Remove Remodeling
article thumbnail

Contractor Leads Profitable Vs. Not-Profitable

Contractor Bookkeeping

All Construction Contractors Get Referrals which some turn out to be profitable some turn out non-profitable. The key is getting more profitable leads and fewer not-profitable leads. Most Profitable Lead Referrals come from your clients and most not-profitable lead referrals come from customers.

article thumbnail

Contractor Breakeven Analysis Using QuickBooks

Contractor Bookkeeping

Breakeven For Contractors - Is very difficult to calculate because most projects are one-of-a-kind custom jobs. This means job costing and job profitability metrics must be used in conjunction with predetermined Universal Common Denominator(s) (UCD). Commercial tenant improvement contractor that does residential remodel projects.

professionals

Sign Up for our Newsletter

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

article thumbnail

Contractor Breakeven Analysis Using Excel

Contractor Bookkeeping

The Most Profit You Will Earn Will Come From Thinking. Developed By Bruce Henderson - For the Boston Consulting Group in 1968 to help corporations analyze business units or product lines. It helps companies allocate resources and is used as an analytical tool in brand marketing, product management, strategic management.

article thumbnail

Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” ” I get this question a lot from my architect friends when helping them budget their projects through the design process. x Bare Direct Project Cost. Mark It Up!

article thumbnail

Home Builders Who Need To Keep Track Of Specialty Contractor Costs

Contractor Bookkeeping

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? The difference between a Professional Bookkeeping Service and a Cheap Bookkeeper can cost you tens of thousands of dollars a year or more on your bottom line profit. We know what to do! Quarterly Tax Returns.

article thumbnail

We Remove Contractors Unique Paperwork Frustrations

Contractor Bookkeeping

Manage Change Orders. Generate Useful Profit & Loss Reports. And Manage A Few Hundred More Paperwork Nightmares. Own a trade or specialty Contractor Company (No Remodelers, Builders, Developers). Call Sharie 206-361-3950 or sharie@fasteasyaccounting.com and schedule your no charge one-hour consultation.

article thumbnail

The Contractors Accountant And What We Can Do For You

Contractor Bookkeeping

YOU may be a builder, remodeler, plumber, electrician, drywall specialists, excavation or one of the other tradespeople. Shares Keys To Peace Of Mind And How To Generate Profits In YOUR Construction Business in any economy. There is no peace of mind or profit in Chaos, only STD's: Stress, Terror, and Drama.