Specialists Combine Synergy To Guide Construction Companies
Construction Businesses Growing Pains
When You Started- Your construction business it was you and maybe a partner or somebody who was helping with the office work like answering phones, bookkeeping and running a few errands.
Topics: Right People In The Right Places
Other People's Money O.P.M.
Construction Working Capital - Definitions are fairly complex and can take a lot of room to explain and since we are primarily concerned about helping small construction companies like yours to make a lot of money I will keep it simple and easy.
Getting Time Cards Filled Out And Submitted Is A Global Problem
JWT's CASA Office In Brazil - Has the time sheets on the company's computers linked to a fridge that automatically unlocks and dispenses free beer. See video below:
Because You Have Already Incurred Marketing And Mobilization Costs
Topics: Add On Sales
Major Home Builder Actions Signal Profitable Opportunities Ahead For Contractors
Sharp Small Retail Business Owners - Do not invest millions of dollars in market research to determine where to open a new store. They simply follow large multi-national retailers like McDonalds and Wal-Mart because they have the resources and have already done the research before investing money to open new stores.
Topics: Small Contractor
If You Want To Profit Massively From Riding The Economic Crests Read On...
Our First Construction Business - In the early 1970's it became painfully obvious there were signs the more experienced construction business owners could read and interpret that I couldn't. They were easy to spot because they were the happy contractors in a sea of blue faces.
All Bookkeeping Methods Share The Same Accounting Equations
Construction Change Order Phobia
Topics: Change Order Phobia
Chaos Is Always On The Dollars Coming In; Never On The Money Going Out!
Most Construction Business Owners - Take a lot of pride in their work and for some reason are reluctant to ask for money from their customers and clients. There are some deep seated psychological reasons behind this and we will not go into them here.
Customers Want To Use Their Credit Cards For Construction Projects
You Are Not A Bank - Never lend money to a customer in the form of providing a lot of labor, material, subcontractors and rental equipment hoping to get paid later on down the road.Read More
Construction Has Been Tough - These past few years. I thought I had seen the worst it could get when the prime rate banks charged on loans hit a record high of 21.50% on December 19, 1980. Builders were walking away from unfinished homes and entire developments.
Topics: Keep The Faith
Let Us Help Make Your Construction Business Start Up Easier
You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Suddenly you realize it costs real money. Now that's stressful.
Incompetent Bookkeepers And What To Do To Fix Them
The Answer Is You Can't - My Apologies if the title misleads you into believing I had a better answer because I don't.
Topics: Incompetent Bookkeepers
Reports Tax Accountants Use Are Profit & Loss And Balance Sheet
The Numbers On These Reports - Offer a summary snap shot of your business. They are referred to and reviewed over and over by banks and others. See a copy of the Schedule “C” it is the standardized format from the Internal Revenue Service.
Marginal Revenue Vs. Marginal Cost (MR>MC)
Every Day You Are - Presented With opportunities to invest your money and the key strategy is putting your money to work where it will earn you the most bottom line profit and increase your cash flow.
Chronic Bookkeeping Pain Comes From Trying To Do It Yourself, Hiring Cheap Bookkeepers and Tax Preparers Pretending To Be Bookkeepers
Topics: Welcome New Client
Topics: Stress Reduction For Contractors
According To Malcolm Gladwell - Author of the book "Outlier". The Beatles played nearly 10,000 hours together in Germany before the emerged as "The Beatles", Tiger Woods invested 10,000 hours on the golf course before he turned 21, Bill Gates as a kid put in 10,000 on his PC.
Secrets To How Profitable Contractors Make Money Belonging To Trade Groups
When Someone Says “Virtual” (_____) – What they mean is a real person or activity that exists in a remote location. The internet is real somewhere out in space and time that we can’t exactly touch; but we can connect to it.
Topics: Virtual Bookkeeping
Every So Often Someone Comes Along That We Just Have To Promote
Pamela Jackson - Is one of those people. I have known Pamela for roughly a year and have met here at a variety of networking events in the Seattle Metro Area. There are coaches and then there are coaches. Every one of them has a niche and some are better defined than others.
I Like Change As Long As It Doesn't Affect Me!
When Homeowners Decide To Remodel - Their living space they tend to dream about how it will look and feel when it is done and they have no idea what an emotional roller coaster is in store for them.
Topics: Remodeling Nightmare
It Depends On Your Computer And Server Technician Resources - If you or someone in your office can maintain, navigate, setup, copy, move and delete sensitive data files and folders in a Microsoft Windows environment for desktop computers, notebook computers and mobile devices and inside remote network environments over the internet then you have the basics of what is needed.
Most Construction Businesses - Pay Federal, State and Local taxes often. How often is often? Most contractors file returns and pay on a quarterly basis due by the last day of the month following the end of the quarter.
Topics: Quarterly Tax Returns
Systems To Help You Get And Keep High Profit Construction Clients
Understand The High Profit Client - Most of them have personality traits commonly known as drivers. Folks who are accustomed to getting things done quickly and efficiently and do not mind paying professionals for servicing, repairing, remodeling or building new construction projects related to their houses and commercial buildings.
Give Your Customers And Clients Whatever They Want, Not What You Want!
Are You Ready To Wake Up - To a swollen river of cash flow or continue sleeping on the hard mattress of regret under the cold blanket of lost opportunity?
The Business Cycle Can Be Deadly To Construction Companies!
Topics: The Business Cycle
Understanding How The 80 20 Rule Works In Your Business Can Bring Positive Changes To Your Life In Ways You Never Dreamed Were Possible!
Topics: 80 20 Rule
Customers - Are disloyal price buyers who purchase commodities and services with cost as their primary consideration.
Your Tax Bill Is Based On Reports From Your QuickBooks Construction Accounting System
QuickBooks For A Tiny Company - But not any construction company, can be setup and maintained by just about anyone who can fog a mirror. Setting Up QuickBooks and Maintaining QuickBooks for a construction company is a whole different thing. It is the difference between flying a tiny remote control toy plane at the park on a sunny afternoon and piloting a Boeing 787 jetliner with your company and everyone depending on it aboard.
Topics: How To Lower Your Tax Bill