Among the first bits and peices of mentoring we offer new contractors relates to string theory. Not the particle physics definition; rather a Randalism - "Develop your M.A.P. and let it guide to achieve your definition of success"
#2 Accounting - Setup QuickBooks properly for construction so you can have the financial and job costing reports you need to operate and grow your roofing company profitably.
#3 Production - The answers to the first two questions can be used to determine the proper mix of labor, material, equipment, tools and suppliers.
Avoid the reverse P.A.M. which can lead to disaster in the long run.
I have a demonstration for our contractor clients that go like this:
M.A.P. - I drop a three foot piece of string on my desk, grab one end of it and start pulling. Very quickly everything lines up straight and smooth.
P.A.M. - I drop a three foot piece of string on my desk, grab one end of it and start pushing. Very quickly gets bunched up and is a knotted mess.
You can read more about M.A.P. vs. P.A.M. here
Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!
We Scan Your Receipts And Invoices link them to your QuickBooks or Xero transactions where it is appropriate and give you back a CPA-ready packet for your tax return and we provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.
About The Author:
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. Follow Randal on Google+