All Bookkeeping Methods Share The Same Accounting Equations
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Posted by Randal DeHart on Mon, Jun 18, 2012
Topics: Change Order Phobia
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.
Topics: Free Invoice Template, Cloud Based Bookkeeping Services
Posted by Randal DeHart on Sat, Jun 16, 2012
Topics: Accepting Credit Cards, Does Accepting Credit Cards Make Sense For Contrac
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 MorePosted by Randal DeHart on Fri, Jun 15, 2012
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
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.
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
Posted by Sharie DeHart on Wed, Jun 13, 2012
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.
Posted by Randal DeHart on Wed, Jun 13, 2012
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.
Topics: MR>MC
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