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    SnoKing Contractors MasterMind Group

    Posted by Randal DeHart on Fri, Sep 30, 2011

    A Place For Contractors And Those Who Support Contractors To Share Valuable Insights, Experiences, Challenges, Successes And Best Practices From Their Experience In The Wide Wonderful World Of Construction.

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    Topics: SnoKing Contractors Mastermind Group

    Construction Company Board of Advisors

    Posted by Randal DeHart on Wed, Sep 28, 2011

    How To Setup Your Board Of Advisors

    If your construction business is making enough money to stay afloat and you can take enough money out to pay your bills then you are the person I want to talk too because what I have to say will make sense to you.

    If your construction business needs to make more money in order to stay in business and you are willing to hear what I have to say, then you are the person I want to talk too also, because what I have to say will make sense to you as well.

    Large profitable construction firms have a Board of Directors to develop and oversee the Strategic Objectives of the company. They provide business insights from a very high level top down view because the board members are already skilled in running similar firms which means they know how to navigate the treacherous waters of the ups and downs in the construction industry.

    This one thing can dramatically improve their quality of life and everyone around them because it begins the transformation of working IN the business to working ON the business.

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    Topics: Systems And Processes, General Contractor, Board of Advisors

    The Four Types Of Contractors

    Posted by Randal DeHart on Wed, Sep 28, 2011

    I have been blessed with opportunities to work with people who own and operate construction businesses.

     

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    Construction Company Strategy PAM vs. MAP?

    Posted by Randal DeHart on Thu, Sep 22, 2011

    Construction Company Growth Strategy

    Most Construction Companies Use "P.A.M"

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    Topics: Construction, Construction Strategy, Bookkeeping, Bookkeeping Services, Strategic Planning, Construction Accounting, Systems And Processes, MAP vs. PAM, General Contractor, 80 20 Rule

    How To Make More Money In Construction Faster By Using Our Services

    Posted by Randal DeHart on Wed, Sep 21, 2011

    How To Make More Money In Construction Faster!

    Category One Business Owners:

    • Have or are developing their Strategic Business Process they use to guide the day-to-day business operations and the long term vision of where their construction company is headed. They operate their business like a police officer calmly directing traffic.


    Category Two Business Owners

    • Focus on PAM (Production, Accounting and Marketing) and become the lowest-price contractor, hire the cheapest construction workers and suppliers you can find, continually search for cheaper alternatives and do not show loyalty to anyone. Start work on first job that comes along…Ready, Fire Aim because planning is a waste of time and if you lose money on one job you can make it up on the next one. And if you lose money on every job you can make up for it on volume…(Hmmm, you may want to re-think that one).

    • Rarely spend time looking at Financial or Job Costing reports and only find out if they made a profit after the Income Tax Return is filed and get an unpleasant surprise!

    • Get most or all construction projects by word of mouth instead of using a Marketing Plan. The idea is to rely on other people to promote their construction business because they work so very cheap; almost like Wal-Mart, continually rolling back prices.

    • Do all your QuickBooks setup, construction bookkeeping, payroll processing and Quarterly Tax Reports yourself or find a Cheap Bookkeeper

    • Avoid getting to organized because in the short run nobody pays for it. Keep the collection of junk tools and equipment because it is cheaper than buying something reliable. They most likely charge by the hour anyway.

    • If customers do not get what they want to bad…you never said you were good…just the cheapest price in town!

    • Pays the lowest wage you can get away with to your employees and don’t pay them regularly if they can get away with it!

    • Keep all information secret including daily work schedules and pay the price in lost profits due to poor communication

    • Picks suppliers based on lowest price and only pays them when they refuse to deliver goods and services. And always looking for cheaper alternatives.

    • Never looks at any Key Performance Reports of any kind if at all possible

    • They attend the nightly meeting of Poor Contractor's Business Round Table also known as the "Round Table with a Pitcher of Beer and Four Poor Contractors Giving Each Other Advice on How to Go Broke Running a Construction Business. The meeting begins when the clock shows the time as Beer-Thirty!

    We have mentored many construction business owners to better lifestyles with a process we call "Leveling" and can do the same for you when you are ready!

    Who Is Invited To Become A Client?

    Business owners in Category One and those in Category Two ready to turn their construction business around.

    We strive to be easy to do business with and since our time, energy and resources are limited we limit our client base to working with people we can help to achieve their definition of success.

    If you have tax issues, demand letters, unpaid or unfiled Washington State Department of Revenue Reports, Washington State Department of Labor and Industries, L&I, Reports, Washington State Employment Security, SUI, Reports, Federal 940, 941 Quarterly Tax Returns welcome to the club.

    It seems most construction companies have these issues at one time or another and if you are ready to turn your business around we can help you.

    For us to help it must be understood the overdue reports will be filed and all of the back taxes need to be paid, no exceptions, no passes, no way, no how!

    The good news is we work well with all of the state, local and Federal tax authorities and have found in most cases when we get involved they are willing to help. In a lot of cases they will propose payment arrangements that you can live with to help you get caught up and stay current.

    It is in everybody’s best interest to help Construction Company owners become successful and stay that way because the “Rising Tide Raises All Ships”

    QuickBooks Expert Specializing In Construction Bookkeeping Services

     

    About The Author:

    Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional and Construction Accountant and Intuit ProAdvisor. This combination of experience and skillsets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.

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    Topics: Bookkeeping Services, QuickBooks For Contractors, Systems And Processes

    How Construction Companies Can Get Paid The Easy Way - Cash Flow

    Posted by Randal DeHart on Wed, Sep 21, 2011

    We Show You How To Get Paid The Easy Way

    All construction problems are related to cash flow or communicationSome construction company owners are gung-ho about doing the work and yet are embarrassed about asking for money. 

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    Topics: Pay Applications, Invoicing, QuickBooks For Contractors, Business Process Management For Contractors, General Contractor, BPM

    General Contractor Business Cycle - TIP #1 - Taxes

    Posted by Sharie DeHart on Wed, Sep 21, 2011

    How To Get Your Construction Business Started Right – TIPS

    T = Taxes

    The last thing we want to think about is TAXES when in reality it the First thing we should be thinking about.  Our office is in Lynnwood, Washington so this blog is directed to Washington State residents.

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    Topics: General Contractor licensing in Washington State, Bookkeeping Services, Sales Tax, Sales Tax Reports, Systems And Processes, contractors bookkeeping and accounting

    General Contractor Business Cycle - And So It Begins!

    Posted by Sharie DeHart on Thu, Sep 15, 2011

    I Just Started My Brand New Construction Business!  I Am A Contractor!  This Is Easy!

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    Topics: QuickBooks Tune-Up, Bookkeeping Services, QuickBooks For Contractors, General Contractor, 80 20 Rule, QuickBooks Clean-Up, QuickBooks Setup, contractors bookkeeping and accounting seattle

    Fixed Price Vs. Hourly Fee Bookkeeping Services

    Posted by Randal DeHart on Thu, Sep 15, 2011

    Outsourced Contractor Bookkeeping Services Fixed Price Or Hourly?

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    Why Professional Bookkeepers Cost Less Than Bad Bookkeepers

    Posted by Randal DeHart on Wed, Sep 14, 2011

    The First Thing You Need To Know Is Bad Bookkeepers Have A Code Of Misconduct:

    Rule #1 - Work expands to fill the time allowed for it or the outer edge of what business owner will tolerate

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    Topics: Bad Bookkeepers, Cheap Bookkeepers, Professional Bookkeepers, Seattle, Bookkeeping, Bookkeeping Services, QuickBooks For Contractors, Construction Accounting, Construction Bookkeeping And Accounting, QuickBooks, contractors bookkeeping and accounting, Accounting, Bookkeeper, QuickBooks Setup

    How To Access Your Full Desktop QuickBooks Online

    Posted by Randal DeHart on Mon, Sep 12, 2011

    Remote Access To Your QuickBooks Desktop Online

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    Topics: Professional Bookkeepers, Bookkeeping Services, QuickBooks For Contractors, Strategic Planning, QuickBooks, QuickBooks Backup, Outsourced bookkeeping, Desktop QuickBooks Online, contractors bookkeeping and accounting seattle

    We Make Bookkeeping Easy For Construction Company Owners

    Posted by Randal DeHart on Fri, Sep 09, 2011

    We Are Easy To Do Business With

    When a Construction business owner is searching for the right bookkeeping service they learn to walk on egg shells and try not to offend the “Great And Powerful PooBah Accountant” 

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    Topics: Leveling Up, Bookkeeping Services, QuickBooks For Contractors, Strategic Planning, Systems And Processes, Increase Sales, 80 20 Rule

    Is QuickBooks Premier Contractor Right For Your Construction Company?

    Posted by Randal DeHart on Thu, Sep 08, 2011

    Which QuickBooks Is Best For My Construction Company?

    This question comes up a lot when a contractor asks us about our Outsourced Contractors Bookkeeping Services Program. In most cases we only invite construction companies with annual sales up to $10M and no more than 20 employees to become clients. The reason has to do with a principle from the study of economics known as expansion isoquants which describes the hidden dangers of growing any company to higher and lower production levels. Click here for more about this concept of Optimize Vs. Maximize.

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    Topics: Pay Applications, QuickBooks For Contractors, Construction Bookkeeping, Construction Bookkeeping And Accounting, QuickBooks, Contractors Bookkeeping Services, QuickBooks For Contractors Setup

    Why Our Construction Bookkeeping Service Is Different

    Posted by Randal DeHart on Wed, Sep 07, 2011

    What Will It Cost To Fix My QuickBooks? 

    And Take Over The Bookkeeping?

    Difference #1 We Understand Construction

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    Topics: Bookkeeping, Bookkeeping Services, QuickBooks For Contractors, Construction Bookkeeping, Strategic Planning, Construction Accounting, Professional bookkeeping, Construction Bookkeeping And Accounting

    Construction Bookkeeping And The Four Levels Of Learning

    Posted by Randal DeHart on Fri, Sep 02, 2011

    As someone who has been around since the early days of information technology...beginning with chiseling on stone tablets, moving on to using charcoal to write on the back of tree bark and then progressing to IBM punch-cards, it is good to finally get close to using current technology in an era where we can have QuickBooks desktop version online and have it appear as if it were on our local computer.

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    Topics: Bookkeeping, QuickBooks For Contractors, Construction Psychology, Contractors Bookkeeping Services

    Contractors Daily Workload - Too Many Hats And Not Enough Time

    Posted by Sharie DeHart on Thu, Sep 01, 2011

    Summer has been a break for many, extra challenges for others. For a small business owner – summer provides extra challenges with children out of school.

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    Topics: Bookkeeping, Bookkeeping Services, QuickBooks For Contractors, Strategic Planning, QuickBooks, Construction Psychology

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    Outsourced Construction Accounting Services For Contractors All Across The U.S.A. By Fast Easy Accounting 206-361-3950

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