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Measurement Fails in Business, Part II: Real-World Examples and Solutions

Pro Builder

To balance the material coming in, the gambit was to make deals and trade ingots, mostly on paper, with another mill. I wonder how often the Pittsburgh decision-makers were overhead proclaiming “The numbers don’t lie! Then dad returns on Tuesday morning to talk pricing and ask about available deals. Measurement Fails, Part I.

Permits 98
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Contractors Job Costing Library The Key To Increased Profits

Contractor Bookkeeping

This news caused a great deal of sadness because everyone knew the archeologist was the one person who was able to keep peace and harmony when tempers flared and made sure everyone stayed focused and kept on track. Everyone was very excited until he told how why he would not make it out of the jungle alive.

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Can We Make Home Building a Little Less ‘Interesting?’

Pro Builder

The nonprofit Building Talent Foundation , launched by the Leading Builders of America , has focused on job placement for program graduates and mentoring to help them stay in the construction trades. I’ve written a great deal over the years about how to achieve this, even in today’s zero-sum game of severe trade shortages.

Overhead 105
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Five Tips To Help Contractors Stop Losing Money On Change Orders

Contractor Bookkeeping

Four Important Words That Turn High Profit Jobs Into Non-Profit Jobs! You do what you promise and they will pay you, no questions asked and they are the foundation for high profit repeat customers. These are marginal customers you will want to replace with high profit repeat customers. That Should Be Included.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Outflows for your Construction Company are generally the result of paying labor, material, other direct and indirect costs of goods sold and overhead expenses. Is Cash Flow The Same As Profit? While they might seem similar, profit and cash flow are two entirely different concepts, each with entirely different results.

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Outsourcing Contractor Bookkeeping Services Vs. Jobs

Contractor Bookkeeping

Construction Accounting is built on a foundation of regular accounting and shares the same basic financial reports for operating and growing a business and preparing annual tax returns and some very rudimentary management decisions. For example: 20% of your customers normally generate 80% of your net profit. an hour X 2 hours = $50.58

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Bad Bookkeepers Train Their Boss Like Organ Grinders Train Monkeys!

Contractor Bookkeeping

Yes, I know that sounds a bit harsh please understand it comes from over thirty years of experience in the construction industry both as a contractor, a construction accountant and a profit and growth coach for a few select construction company owners. I have been there, done that, got the T-Shirt, the tattoo and sang a song about it.