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Top Five Secrets Of High Performing Construction Companies Revealed

Posted by Randal DeHart on Thu, Feb 16, 2012

Clients Often Ask - Why is it that some Construction Companies make a lot of money and others doing similar work either barely stay in business or give up and file bankruptcy.

 
 
 
 
 
 
 

 

We Decided To Reveal - The Top Five Secrets we used in our Construction Companies in the past and that we see successful Construction Company Owners doing now that keep them in the top 20% of the income producers.

Secret #01 They Know What They Want - From their Construction Companies. They took the time to think about what they want and they wrote it on a piece of paper by hand in cursive, just a paragraph or two and they keep in a private location. Somewhere they can see it when they want; which is at least once a week.

Secret #02 They Plan Their Work And Work Their Plan - Sounds simple right? Well it is and here is the overall strategy for your Business Process Management (BPM) System and the main tool to start with is a copy of this Business Plan Software. It will be a lot of work; however, there is system for everything and once you know the answers the questions will not bother you...get a copy of Business Planning Software and schedule a Free One Hour Consultation with Sharie to review your current situation.

Secret #03 They Feed Their Mind - Bread for the head is extremely important so most of them have a library card, yes in this day and age they have a library card. They read good books on a wide variety of subjects, biographies of successful people, books about art and science, social issues, philosophy and other subjects. Get a library card. To get you started we have a webpage with a list of the most popular books this group reads and re-reads regularly Recommended Reading List Then click on Thoughts And Inspirations.

Secret #04 They Understand Leveling - Which means they spend time with people who will support them and whom they can support. Read more about this concept in Think And Grow Rich, By Napoleon Hill and pay close attention to the discussion regarding the "Master Mind Group". Be careful that term has been hi-jacked and there are many jolly jokers out there putting together so called "Master Mind Groups". Study Napoleon Hill's Book Think And Grow Rich and you will know the right group when you find it.

Secret #05 They Build Their Construction Company - Like a Parthenon supporting it with many pillars of M.A.P. and processes all wrapped inside their Strategic Business System; because they understand the true meaning behind the phrase "The System Is The Solution"

Unlike A Lot Of Their Competitors - That build their Construction Company on the Diving Board Principle..."Systems? Processes? Business Plan? Are you crazy? Who has time for that stuff? Our plan is simple we plan to make a lot of money!"  This reminds me of the phrase "Leverage Is Great....Until The Stick Breaks!

These Are Some - Of the Threads of Success Weaved Into The Fabric Of Success In Owning And Operating a successful and highly profitable construction business. Please visit our site http://www.fasteasyaccounting.com/ and wander through early and often as we are continuously adding fresh new content.

One Final Hint - They make money in their office; not in the field

We Remove Contractor's Unique Paperwork Frustrations

For Construction Company Owners who do not need the full power of QuickBooks for contractors and want 24/7 online access we offer Xero Accounting Online and we have custom setup for construction companies. Click Here For More.

This Is One More Example of how Fast Easy Accounting is helping construction company owners all across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to people like you so stop missing out! Call Sharie 206-361-3950 or sharie@fasteasyaccounting.com and schedule your no charge one-hour consultation.

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Profitable Contractors and Construction Company owners have known about the value of outsourced bookkeeping services and contractor coaching services like ours for a long time and now you know about it too! 

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We Scan Your Receipts And Invoices link the appropriate transactions to QuickBooks or Xero Accounting Online depending on the construction accounting service you are using and provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.

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About The Author:

Randal DeHart, PMP, QPA The Construction Accountant 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, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist. This combination of experience and skill sets 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 Xero 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.

Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Check out our Contractor Success Map Podcast on iTunes and Follow Randal on Google+

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