Contractor Bookkeeping

MAY 30, 2013

If construction workers can remodel one large home a year or remodel six smaller homes a year then the opportunity cost of producing one large remodel is the six smaller remodels forgone (assuming the production possibilities is a linear equation). What is an opportunity cost? Click here for more.

Contractors 49

Contractors Remodeling Products Equipment 49

Contractor Bookkeeping

JULY 21, 2012

You would never hire a construction worker with a background in new construction commercial work to help you with a delicate residential remodeling project because they are trained to rip and tear, yell, get aggressive and bully everyone and everything in their way. Pay Application Invoicing For Remodel Projects. Contractor Invoicing.

Remodeling 51

Remodeling Cash Flow Construction Work in Progress 51

Pro Builder

JUNE 9, 2021

Yet, here we are, with strong sales, great cash flow, abundant profits, and not enough people to build the homes. . The question of whether the money has been spent in all the right places during our current crisis notwithstanding, most of us accept the enormous outlay as something our nation simply had to do. . COVID-19 Drives Sales.

Remodeling 52

Remodeling Cash Flow Profitability US 52

Contractor Bookkeeping

JUNE 7, 2013

Free Cash Flow Diagram For Remodelers. Would it be profitable or would something terrible happen to cause us to go bankrupt? Free Construction Estimate Template. Free Construction Change Order Template. Free Time Card Templates. Free Notary Services. Free Cash Flow Diagram For Contractors. Free Business Process Management Tips.

Cash Flow 48

Cash Flow Contractors Spirit Change Orders 48

Rory Woolsey

MAY 31, 2012

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added. The phase of design that a project is in will also influence the markups used.

Estimating 40

Estimating Overhead Profitability Construction 40

Contractor Bookkeeping

JULY 18, 2012

Put the wrong foundation under your business and it will not matter who is doing the bookkeeping because it will always be a mess and you will never get the reports you really need in order to operate and grow your business profitably. Pay Application Invoicing For Remodel Projects. We know what to do! Job Deposit Tracking.

Commercial 54

Commercial Contractors Remodeling Cash Flow 54

Construction Marketing Ideas

SEPTEMBER 14, 2015

Bernie Heer, in the Closing Success Systems blog (Mike Jeffries), reminds us in a recent posting of the importance of referrals, and that you should set a system to (a) ask for and (b) reward referrals as your highest priority. He also wisely reminds us that you don’t want to “cheap out” on a referral program.

Remodeling 48

Remodeling Renovating Guidelines US 48

Contractor Bookkeeping

JULY 18, 2012

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! Job Deposit Tracking.

Banking 54

Banking Remodeling Profitability Drawings 54

Contractor Bookkeeping

JANUARY 5, 2013

One of the most profitable business resolutions you can make is to start out the New Year by converting your construction company to an S-Corporation because it could reduce your tax burden! Do you see growth in sales and profits in the coming months and years? Do you want to grow your sales and profits? So how did you do?

Income 48

Income Profitability Construction Contractors 48

Contractor Bookkeeping

JANUARY 5, 2013

One of the most profitable business resolutions you can make is to start out the New Year by converting your construction company to an S-Corporation because it could reduce your tax burden! Do you see growth in sales and profits in the coming months and years? Do you want to grow your sales and profits? So how did you do?

Income 48

Income Profitability Construction Contractors 48

Contractor Bookkeeping

MARCH 16, 2013

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. They came to us because they wanted to spend less time on paperwork and more time making money; which meant more time and money to spend on friends and family.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Contractor Bookkeeping

MARCH 16, 2013

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. They came to us because they wanted to spend less time on paperwork and more time making money; which meant more time and money to spend on friends and family.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Contractor Bookkeeping

JUNE 13, 2013

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. Heated arguments occurred when he asks for Profit and Loss or Job Profitability reports. QuickBooks Job Profitability Report.

Contractors 48

Contractors Profitability Cash Flow Consulting 48

Contractor Bookkeeping

JANUARY 14, 2013

That means you do not having to sort anything - In fact we prefer that you not try to pre-sort for us because in the end it will save you time and money. Getting paperwork to us is fast and easy! Financial Profit And Growth Coaching For Contractors! Training To Understand And Use Financial Reports! QuickBooks cleanup.

Contractors 55

Contractors Accounting Profitability Insurance 55

Contractor Bookkeeping

JULY 5, 2013

As of the date of this article every general contractor doing residential remodels is excited for every new construction home builder who says "I have new houses to build and I am no longer interested in remodel work or handyman services". Most new construction contractors do not like residential remodels and handyman work.

Contractors 48

Contractors Remodeling Residential Accounting 48

Contractor Bookkeeping

SEPTEMBER 29, 2012

Financial Profit And Growth Coaching For Contractors! Training To Understand And Use Financial Reports! Contractors Often Ask How - Can we save them $100's or even $1,000's dollar a year using outsourced bookkeeping services when they can do their own construction bookkeeping or hire a Cheap Bookkeeper? QuickBooks cleanup.

Construction 48

Construction Accounting Contractors Profitability 48

Levelset

JULY 18, 2022

Industry research shows that the US plumbing industry includes over 130,00 businesses (and more than 500,000 employees) with total annual revenues exceeding $130 billion. While cash flow is critical for survival, profit is essential for growing a plumbing business. Read more: The profit roadmap for contractors.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Contractor Magazine

JUNE 13, 2012

Contact Us. Remodeling. The program, supported by California Manufacturing Technology Consulting (CMTC) , a non-profit organization partly funded by the US Department of Commerce , is committed to retaining and cultivating as many jobs as possible of the 44,000 manufacturers that produce products within in “The Golden State.

California 57

California US Employment Green 57

Levelset

JULY 22, 2022

Industry research notes that the US roofing industry consists of more than 80,000 businesses employing 250,000 people — and annual industry revenues exceed $50 billion. While cash flow is critical for survival, profit is essential for growing a roofing business. Read more: The profit roadmap for contractors.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

Contractor Bookkeeping

JULY 18, 2012

They could do a fine job, the only question is how long would it take and would you be able to charge the homeowner enough to make a substaintial 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.

Cash Flow 48

Cash Flow Remodeling Profitability Banking 48

Contractor Bookkeeping

JANUARY 27, 2014

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! Contractor Invoicing.

Contractors 48

Contractors Accounting Banking Profitability 48

Levelset

JULY 19, 2022

Industry research reveals that the US painting industry includes over 255,000 businesses with total annual revenues exceeding $35 billion. While cash flow is critical for survival, profit is essential for growing a painting business. Your profit is the money you will use to reinvest in the business for continued growth.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 15, 2022

Industry research shows that the US electrical industry has more than 1 million employees working for 200,000 businesses — and annual revenue exceeding $200 billion. While cash flow is critical for survival, profit is essential for growing an electrical business. Read more: The profit roadmap for contractors.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Contractor Bookkeeping

JULY 18, 2012

You would never hire a rough-in electrician with a background in new construction commercial work to be part of your residential remodeling crew because they are trained to rip and tear and work fast will little or no concern for anyone or anything that gets in their way. Nothing is further from the truth. Not all electricians are the same.

Electrical 48

Electrical Contractors Cash Flow Commissioning 48

Contractor Bookkeeping

OCTOBER 11, 2013

Recently A Builder Who Constructs Spec And Custom Homes as well as a few custom remodel projects contacted us because his in house bookkeeper could not provide him with Job Costing Reports or Work-In-Progress Reports that made any sense. Actuals Detail Report shown below is a sample of what the QuickBooks file produced.

Office 48

Office Accounting Profitability Contractors 48

Construction Marketing Ideas

OCTOBER 12, 2012

Here, Sean references Indianapolis remodeler Chris Wright : Chris Wright: Design-Build with a twist, working with interior designers. It is easy for me to say: “Turn down a profitable job/commission because you can’t stand working with one or more of the project colleagues.”

Design 69

Design Contractors Indianapolis Spirit 69

Contractor Bookkeeping

AUGUST 16, 2013

All Accounting Uses The Accounting Equation. 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. -. Regular Bookkeeping.

Work in Progress 59

Work in Progress Accounting Construction Leases 59

Contractor Bookkeeping

NOVEMBER 1, 2013

Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company? Fast Easy Way To Get Paperwork To Us. Pay Application Invoicing For Remodel. Optional scanner for sending paperwork to us with the touch of a button. Cloud based document storage.

Accounting 49

Accounting Contractors Project Management Change Orders 49

Contractor Bookkeeping

NOVEMBER 25, 2013

Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company? Fast Easy Way To Get Paperwork To Us. Pay Application Invoicing For Remodel. Optional scanner for sending paperwork to us with the touch of a button. Cloud based document storage.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company? Fast Easy Way To Get Paperwork To Us. Pay Application Invoicing For Remodel. Optional scanner for sending paperwork to us with the touch of a button. Cloud based document storage.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company? Fast Easy Way To Get Paperwork To Us. Pay Application Invoicing For Remodel. Optional scanner for sending paperwork to us with the touch of a button. Cloud based document storage.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 7, 2013

Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company? Fast Easy Way To Get Paperwork To Us. Pay Application Invoicing For Remodel. Optional scanner for sending paperwork to us with the touch of a button. Cloud based document storage.

Accounting 48

Accounting Construction Contractors Project Management 48

Contractor Bookkeeping

NOVEMBER 1, 2013

Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company? Fast Easy Way To Get Paperwork To Us. Pay Application Invoicing For Remodel. Optional scanner for sending paperwork to us with the touch of a button. Cloud based document storage.

Accounting 48

Accounting Construction Contractors Project Management 48

Contractor Bookkeeping

OCTOBER 20, 2012

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? Getting Paperwork To Us Is Fast And Easy.

Contractors 56

Contractors Accounting Organization Remodeling 56

Contractor Bookkeeping

AUGUST 27, 2014

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. Which QuickBooks Reports Will Help You Increase Sales And Profits?

Contractors 88

Contractors Accounting Work in Progress Profitability 88

Contractor Bookkeeping

FEBRUARY 19, 2013

Once the decision has been made on which market to pursue you have to decide which subset of that market: New, Remodel or Service & Repair. Five Key Points To Help You Optimize Sales And Profits. Get to know us by visiting our About Page since it will give you some insights too who we are and what we are all about.

Construction 49

Construction Profitability Remodeling Residential 49

Contractor Bookkeeping

JUNE 14, 2013

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? Getting Paperwork To Us Is Fast And Easy.

Contractors 49

Contractors Accounting Organization Remodeling 49