Construction Companies - Operate with two basic leadership styles; wait until an urgent situation occurs and jump up and react like a firefighter only with a chaotic-neurotic twist; or develop business processes that allow the company to respond calmly and direct resources and solutions to the issues like a traffic police officer doing it with ease and grace. No pressure, no worries.
Thinking About Adding Construction Workers To Your Payroll?
In Some Cases - You may be better off outsourcing to a professional construction labor service like Madden Industrial Craftsmen especially when you consider the cost of a bad hiring decision.
Topics: Outsource, Outsourced labor, Outsourced Construction labor, Construction workers costs, Construction, fully burdened labor costs for construction worker, Strategic Planning
How Leveling Makes Construction Business Owners Wealthy
Posted by Randal DeHart on Wed, Nov 16, 2011
As A Construction Business Owner - You deserve to make a lot of money because you add value to people’s lives. You also provide employment for construction workers, material manufacturers, architects, and engineers, permit desks at every city in the nation, cell phone service providers and a whole lot of other people.
Maximize Vs. Optimize Which Is Better For Your Construction Company?
Posted by Randal DeHart on Tue, Nov 15, 2011
This Is Max's Story - *Max had a construction company in the previous century in the early 2000's and this is a brief recap of some of what he discovered including how the 80/20 Rule applies to his general contracting business.
Topics: Strategic Planning, Business Process Management For Contractors, 80 20 Rule, Optimize Vs. Maximize
Your Income Tax Preparer - Is paid to fill out the tax forms and could not care less if you are paying too much in taxes because your QuickBooks file is a mess.
Sometimes They Will - Say something to you about how much easier it would be for them if your bookkeeping was in order and all the entries were in the right accounts where they belong.
Topics: QuickBooks Tune-Up, Save Money On Income Taxes, QuickBooks For Contractors, QuickBooks, QuickBooks Clean-Up, QuickBooks For Contractors Setup
Business Process Management (BPM) For Your Construction Company
Posted by Randal DeHart on Fri, Nov 11, 2011
How Business Process Management Strategy Can Increase Cash Flow And Profit In Your Construction Company
Developing A Comprehensive Strategy - For your construction company can be about as much fun as wrestling a pig in the mud because:
Topics: Meet Your New Bookkeeper, Professional Bookkeeper, Contractors Bookkeeping, Bookkeeping, Bookkeeping Services, QuickBooks For Contractors, Construction Bookkeeping, QuickBooks, Desktop QuickBooks Online, Bookkeeper
The Nine Steps To Construction Bookkeeping And Accounting
Posted by Randal DeHart on Wed, Nov 09, 2011
Topics: Nine Steps To Construction Accounting, Bookkeeping Services, QuickBooks For Contractors, Construction Bookkeeping, Business Process Management For Contractors, QuickBooks, Accounting, Bookkeeper
Over The Past 30+ Years - I have accumulated a variety of terms to describe the construction industry. Some of them are intended to be funny, some are serious and the rest are entertaining. Please treat them accordingly.
If You Have - Any others you would like to share please leave a comment below
80/20 Rule – 80% of a contractor’s wealth and wellbeing comes from 20% of their activities
24 Hour Bookkeeper - Bookkeeper that sits in your office quietly, no watering, no feeding, available to work around the clock, never wastes company time surfing the web or chatting on cell phone
The BCG Matrix
Developed By Bruce Henderson - For the Boston Consulting Group in 1968 to help corporations analyze business units or product lines. It helps companies allocate resources and is used as an analytical tool in brand marketing, product management, strategic management.
Topics: Strategic Planning, BPM