article thumbnail

The 40 Best Construction Podcasts

Lets Build

But for those of you who don’t, here is a quick reminder: Podcasts are radio shows you can subscribe to, download to your phone or computer, and listen to anywhere you like. It features both, audio as well as video, and on top of that you have an option to download individual episodes without subscription. The Lien Zone.

article thumbnail

A Cash Flow Guide for Architects

Levelset

Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. Operating activities include income from sales minus labor expenses and other costs of doing business. Cash flow basics. You can think of cash flow as your business’s wallet.

professionals

Sign Up for our Newsletter

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

article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Since the LLC or Sub S does not pay state or federal income tax (as separate business entities), you may be able to save money over a Sole Proprietorship; no double taxation.

article thumbnail

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Tax Advantages For LLC or a Sub S - If you do not setup your corporation correctly the profit or loss from your business will be passed through to the owners as normal income. All large income and expenses go through one account and keep the debit card in your personal safe. Partnerships Are The Only Ships - Designed to sink.

article thumbnail

New Contractor Business Start Up

Contractor Bookkeeping

Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Since the LLC or Sub S does not pay state or federal income tax (as separate business entities), you may be able to save money over a Sole Proprietorship; no double taxation.

article thumbnail

Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

Action Step - 03: Click the button below Contractors Bookkeeping Services Guide to download it. 3 Your Income Tax Return Preparer. You can learn a lot about investing and run some scenarios that will show you how much income you will need to retire and develop an action plan. Poor scheduling affects production and cash flow.

article thumbnail

Process Dependent Vs. People Dependent Increases Contractor's Profits

Contractor Bookkeeping

Sales tax liens against contractors twenty two times higher than any other business. Every contractor’s income is the average of their customers and client’s income. Click On The Button Below To Download A Free Guide. Cash flow issues kill contractors even though they have profit. Need Help Now?