Cash flow and bad bookkeepers are the #1, and #2 reasons construction companies go out of business. 
Do NOT hire any Contractor Bookkeeping Service until you read this guide.

Effective January 1, 2022, W-2 employees employed in WA state will be subject to a 0.58% payroll tax on all compensation. You can either pay the tax for the rest of your working years or own a long-term care policy before October 31, 2021.

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    Early Warning Signs Of Insolvency To Watch Out For

    Posted by Sharie DeHart on Fri, Feb 05, 2021

    Running a construction business isn't exactly a walk in the park. It is hard work but a rewarding journey at the same time, and you can probably attest to this yourself. 
     
    Sometimes, things also don't go as planned, and you may find your business in financial distress. Suddenly you find yourself falling behind on due dates, suppliers are chasing for payments, and your stress levels are skyrocketing. 
     
    Regardless of your business's nature, it would be best if you had sufficient cash flow to meet your financial obligations. And the closer you are to not being able to do this, the closer you get to insolvency.
     
    Read More

    Topics: The Contractors Account, Checklists, Contractor Tips

    Streamline Your Contracting Company Operations With This Checklist

    Posted by Randal DeHart on Fri, Jan 29, 2016


    You are an intelligent Contractor which means you know how to operate your construction company and the biggest barrier to your success is getting your employees to do what you want them to do, when you want them to do it, and do it the way you know works best.

    Read More

    Topics: Business Process Management For Contractors, Contractor Mentoring, Checklists

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