Contractor Bookkeeping

NOVEMBER 3, 2012

You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! A lot of problems can be traced back to the "Halo Effect" which happens when a contractor thinks "We are so good at (fill in the blank) we should expand into (fill in the blank). Home Builder Doing A Residential Remodel.

Profitability 49

Profitability Bankruptcy Contractors Remodeling 49

Contractor Bookkeeping

NOVEMBER 11, 2022

Understanding the High-Profit Client Most of them have personality traits commonly known as drivers. Folks accustomed to getting things done quickly and efficiently do not mind paying professionals for servicing, repairing, remodeling, or building new construction projects related to their houses and commercial buildings.

Remodeling 96

Remodeling Construction Profitability Deals 96

HardHatChat

MAY 15, 2013

Hospitality construction has been a bright spot for commercial construction general contractors in 2013 across all spectrums of the market. This is mainly because tourism numbers are improving and hotels are seeing a strong increase in profitability. As we’ve noted in the past, remodeling projects come with their own pitfalls.

Contractors 222

Contractors Chicago Commercial Travel 222

Contractor Bookkeeping

JUNE 12, 2015

The Following Is An Outline From Patrick Ingram's Guest Appearance On The Contractors Success M.A.P. I Highly Recommend all contractors spend some time on his website www.constructionaccountingandconsulting.biz and get to know him/her. He/she is a valuable resource to all contractors, not just remodel contractors.

Contractors 48

Contractors Remodeling Accounting Roads 48

Pro Builder

NOVEMBER 13, 2020

The National Association of Home Builders believes that by diversifying offerings, builders can grow their business and, in return, see more profit. Identify types of businesses that provide diversification opportunities for builders, remodelers, residential contractors and small commercial contractors.

Remodeling 52

Remodeling NAHB Commercial Profitability 52

Contractor Bookkeeping

MAY 3, 2019

Your ability to look beyond the initial statement and understand the hidden meaning why successful contractors adapt to change to survive and thrive will serve you well. The truth is the most successful, wealthy, highly profitable construction contractors don't like change.

Cash Flow 52

Cash Flow Management Profitability Accounting 52

Contractor Bookkeeping

SEPTEMBER 11, 2015

Contractor Six Pack Marketing Secret To Massive Increase In Sales And Profits! The key is you, the contractor have full control, no waiting and wondering if some slick marketing gimmick will work. Because of all the money it can earn for you if you do it right.

Contractors 48

Contractors Seattle Remodeling Profitability 48

Wolgast Corporation

MARCH 3, 2023

Gerald’s sons, Lynn and the late Patrick and Mark Wolgast left their own legacy on the general contracting company by diversifying to include Design-Build and Construction Management services, helping start the local Associated Builders and Contractors Association Chapter, and forging a relationship with McDonald’s Corporation in the 1980s.

Michigan 118

Michigan Office Remodeling Retail 118

Contractor Bookkeeping

AUGUST 14, 2015

From the brand new contractor just getting started with your first sale to the specialty contractor, general contractor and spec builder we know what to do. You found out getting the jobs and doing the work was only a small part of being a contractor.

Contractors 48

Contractors Accounting Remodeling Profitability 48

Contractor Bookkeeping

JUNE 18, 2012

Business Owners - Need three basic reports, Cash, Profit and Equity. Profit And Loss Report. Sales - Expenses) = Profit. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. All Bookkeeping Methods Share The Same Accounting Equations. Cash On Hand.

Contractors 58

Contractors Profitability Overhead Equity 58

Contractor Bookkeeping

MAY 17, 2013

Business Owners - Need three basic reports, Cash, Profit and Equity. Profit And Loss Report. Sales - Expenses) = Profit. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. All Accounting Methods Share The Same Accounting Equations. Cash On Hand.

Accounting 48

Accounting Contractors Profitability Overhead 48

Contractor Bookkeeping

AUGUST 27, 2014

QuickBooks For Contractors Setup. We Fix Bad QuickBooks For Contractors Setup Issues. Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle.

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Job Order Contracting

OCTOBER 24, 2017

Designed to Accomplish Small-Medium Size, Multi-trade, Minor Construction, Repair and Remodel Projects, or Minor New Construction. Contractor coefficient(s) – Normal Hours, Outside of Normal Hours, Special Access, etc. Minimum and Maximum Dollar Values (Per Contract, Per Job/Task Order). Best Value Procurement Competitively Bid.

Budgeting 100

Budgeting Budget Renovating Overhead 100

Contractor Bookkeeping

JUNE 19, 2013

Fast Easy Accounting has numerous FREE downloadable Forms for ever contractor around the world to use. Contractors and other business owners have come from a local level (Washington State), national level (across the USA), and internationally including Canada, Australia, UK, India, South Africa and many other countries around the world.

Profitability 49

Profitability Cash Flow Accounting Construction 49

Contractor Magazine

APRIL 22, 2014

Develop relationships with the homeowners of every construction or remodel job you do. There are tons of ways to do this, but "the" best is your guarantee that your work is completely independent of whatever the general contractor''s is. Best Practices Registered User'

Profitability 55

Profitability Remodeling Contractors Construction 55

Contractor Bookkeeping

SEPTEMBER 5, 2014

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). The Method Shown In This Article Applies To The Following Contractors: 1-20 employees.

Contractors 48

Contractors Accounting Remodeling Project Management 48

Contractor Bookkeeping

JUNE 29, 2013

Contractors Don''t Want Drills - They want holes. Contractors Don''t Want QuickBooks - In fact most of our clients don''t like it, some hate it and a few see it as a necessary evil that must be tolerated. They just want financial reports, Profit & Loss, Balance Sheet, Job Costing Reports and Job Profitability Reports.

Contractors 73

Contractors Office Work in Progress Profitability 73

Fieldwire

MARCH 5, 2024

Subcontractors getting awarded a contract spells financial disaster if the bid is too high to be competitive or too low to be profitable. However, trying to be a specialty contractor for everyone can backfire. If you don’t have enough employees, use independent contractors to round out the team. On average, remodelers net 4.7%

Budgeting 52

Budgeting Budget Estimating Bidding 52

Contractor Bookkeeping

MAY 30, 2013

Opportunity costs are something contractors earning over $200,000 a year in take home pay understand and use on a daily basis and since the majority of our readers earn less than $75,000 I felt it would be something useful to share. All contractors make rational decisions by weighing the sacrifices involved.

Contractors 49

Contractors Remodeling Products Equipment 49

Contractor Bookkeeping

MARCH 16, 2013

We Help Contractors Who Want The Company They Dreamed Of Owning. Most contractors love building things and meeting with customers. Seeing the joy on a homeowner's face when the new home is finished or when the big remodel is done gives contractors a lot of satisfaction and feelings of accomplishment.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Contractor Bookkeeping

SEPTEMBER 20, 2013

We Can Move Your QuickBooks Online To A QuickBooks For Contractors Desktop Version You Can Access Online! We can move everything from inside QuickBooks Online into QuickBooks For Contractors Desktop version and provide you with easy online access. Key Performance Reports Every Contractor Needs. We have a solution for you!

Contractors 48

Contractors Accounting Profitability Overhead 48

Contractor Bookkeeping

JANUARY 13, 2014

Lately a lot of contractors like you are discovering the need to get better financial and job costing reporting from their accounting software in order to stay competitive and know in advance which jobs to bid on that have a history of making your construction company a reasonable profit and which ones to ignore. Questions to ask.

Contractors 61

Contractors Accounting Project Management Profitability 61

Contractor Bookkeeping

MARCH 16, 2013

We Help Contractors Who Want The Company They Dreamed Of Owning. Most contractors love building things and meeting with customers. Seeing the joy on a homeowner's face when the new home is finished or when the big remodel is done gives contractors a lot of satisfaction and feelings of accomplishment.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Contractor Bookkeeping

OCTOBER 10, 2014

The Most Profit You Will Earn Will Come From Thinking. Every contractor I have ever lead on this journey have all wanted to give up and continue using their "Guesstimate" and "Gut-Feeling" method of "I think I make money on __ jobs and __ type of customers. The Hardest Work You Will Ever Do Is Think.

Contractors 48

Contractors Accounting Profitability Management 48

Contractor Bookkeeping

JUNE 13, 2013

Contractors Need People Who Solve Problems Not Assign Homework! I asked a few questions to dig deeper and here is what I found: His construction company does general repair and light remodel work on residential and small commercial buildings. His wife works a full time job and performs the contractor bookkeeping services.

Contractors 48

Contractors Profitability Cash Flow Consulting 48

Contractor Bookkeeping

JULY 18, 2012

Commercial Tenant Improvement Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often Commercial Tenant Improvement Contractors hire a bookkeeper and end up with the wrong bookkeeper if they believe all bookkeepers are the same. Contractor Invoicing. Pay Application Invoicing For Remodel Projects.

Commercial 54

Commercial Contractors Remodeling Cash Flow 54

Contractor Bookkeeping

JULY 5, 2013

You may not need our contractors bookkeeping services today, tomorrow, or next week but someday you may in fact need some help. How do I know……Because we have been around construction and contractors for a long time and the rule of thumb is once contractor, always a contractor. New, remodel or service and repair.

Contractors 48

Contractors Remodeling Residential Accounting 48

BD+C

FEBRUARY 23, 2023

Roofing Rich Russo, Show Director for the International Roofing Expo ( www.theroofingexpo.com ) chats with Pro Remodeler's Erika Mosse and Building Design+Construction's David Barista about the new programs and initiates at IRE 2023, March 7-9, 2023, at the Kay Bailey Hutchison Convention Center in Dallas.

Dallas 52

Dallas Remodeling Innovation Industrial 52

Contractor Bookkeeping

SEPTEMBER 13, 2013

If you are a contractor you are most likely a "doer", someone who gets things done, not now but right now! Cash flow and Profit is not accident, it is a result of deliberate action. None of my contractor friends who are in debt up to their ears do it. ( Business Plans Stir Up Debate! Business Plan Pros Vs. Cons. See Leveling ).

Plans 48

Plans Contractors Cash Flow Profitability 48

Contractor Bookkeeping

JANUARY 14, 2013

Do you have a wife, girlfriend, partner, neighbor doing your contractor bookkeeping? Financial Profit And Growth Coaching For Contractors! Then read what other contractors say about us Click Here. Your Strategic Bookkeeping Services Include: No hassle contractor bookkeeping services.

Contractors 55

Contractors Accounting Profitability Insurance 55

Construction Cost Estimating

NOVEMBER 6, 2011

Construction Estimating Tool for General Contractors. General Contractors know the key to profitability is having accurate estimates for everything from electrical to concrete work. General Contractors are benefited with reduced costs while hiring or employing a full time Surveyor or Estimator. Monday, November 7, 2011.

Estimating 53

Estimating Contractors Software Software 53

Contractor Bookkeeping

JUNE 7, 2013

Free Cash Flow Diagram For Contractors. Free Cash Flow Diagram For Remodelers. I saved the best for last, Free Loaves Of Bread For Your Head because as a contractor I spent many a sleepless nights wondering how we were going to make payroll. Would it be profitable or would something terrible happen to cause us to go bankrupt?

Cash Flow 49

Cash Flow Contractors Spirit Change Orders 49

Contractor Bookkeeping

DECEMBER 7, 2012

Contractor Bookkeeping Services For Contractors. Do You Suspect Your Contractor Bookkeeper - Is overwhelmed trying to figure out how to do construction accounting and they are costing you more than they are worth in salary, fees and loss profits because you cannot get QuickBooks reports and financial reports when you need them?

Contractors 48

Contractors Accounting Organization Remodeling 48

Contractor Bookkeeping

FEBRUARY 14, 2014

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. Click the button below to get right to the Frequently Asked Questions About Outsourced Contractors Bookkeeping Services. 4 out of 100 contractors will earn between 3%-15% net profit.

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

JUNE 14, 2013

Are You Suffering Bad Contractor Bookkeeping Services Pain? Do You Suspect Your Contractor Bookkeeper - Is overwhelmed trying to figure out how to do construction accounting and they are costing you more than they are worth in salary, fees and loss profits because you cannot get QuickBooks reports and financial reports when you need them?

Contractors 49

Contractors Accounting Organization Remodeling 49

Contractor Bookkeeping

JANUARY 27, 2014

Spec Home Builders Have Unique Construction Accounting Needs : Keeping Track Of Specialty Contractor Costs - Is one of the most valuable things your contractors bookkeeping services can do for you. 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?

Contractors 49

Contractors Accounting Banking Profitability 49

Contractor Bookkeeping

JULY 7, 2014

If you do you are not alone, many contractors feel that way. Owning a construction company is so much different from just working for another construction contractor and in most cases, new contractors had no idea what was involved in the business end of the operation before they started. Incompetent Bookkeepers. Embezzlers.

Contractors 49

Contractors Accounting Banking Project Management 49