Proven Construction Business Processes When Creating Your To-Do List
Posted by Sharie DeHart on Fri, Jun 10, 2022
Topics: Business Process Management For Contractors, Winning Teams, Construction Productivity, Contractor Guidance, contractor delegation
Topics: Business Process Management For Contractors, Winning Teams, Construction Productivity, Contractor Guidance, contractor delegation
Processes To Increase Production And Reduce Injuries At The Job Site
Posted by Sharie DeHart on Fri, Apr 22, 2022
Some construction business owners believe in maximizing production by driving everyone from the laborers to the project managers to work harder, longer, faster, hustle, and run. And if they are giving less than 110% to the company, they are not doing enough.
One thing to consider: Don't let construction workers think too much; they may injure themselves.
Apprentices and most Journeymen working on a construction job site are better off not thinking but simply following routines and patterns established by management based upon best practices. At first read, this sounds harsh, and yet it comes from our own experiences as a contractor operating multiple job sites with small crews on each from two to ten people; this one concept generated a lot of bottom-line profits and kept injuries very low.
Topics: Business Process Management For Contractors, Winning Teams, Construction Productivity, Contractor Guidance, contractor delegation
Smart Contractors Spend Money On Marketing, Accounting, And Production
Posted by Sharie DeHart on Fri, Dec 25, 2020
There is no better time to reflect and think seriously about your construction business. Excellent organization systems add considerable value to any business because they allow you to spend more time working on your business rather than on it.
Year over year and regardless of the economy, one thing never changes; 20% of the contractors earn and keep 80% of the profits because they have a Business Process Management Strategy like our Contractors Success M.A.P. that tells them how, what, when, where and why to focus their limited resources on the M.A.P. = Marketing / Accounting / Production.
Topics: The Contractors Account, Construction Marketing, Construction Accounting, MAP vs. PAM, contractors bookkeeping and accounting, Accounting Software for Contractors, Contractor, Construction Productivity
Could Your Construction Business Benefit From The Gig Economy?
Posted by Sharie DeHart on Fri, Apr 17, 2020
Topics: Contractor, Contractor Tips, Contractor Operating Tips, Construction Productivity, Construction Workplace
(Note: We are tracking the latest construction industry news and online resources for contractors in time of COVID-19)
The success of any business, large or small, depends considerably on nurturing an efficient, productive workplace.
Some contractors and construction company owners believe in maximizing production by driving everyone from the laborers to the Project Managers to work harder, longer, faster, hustle, and run. And if they are giving less than 110% to the company, they are not doing enough.
While improving employee productivity should always be a priority when the ultimate goal is a sustainable and profitable business, the process is easier said than done.
Below are some of the most effective methods of managing a productive, happy workplace while increasing output:
Topics: Contractor, Contractor Tips, Contractor Operating Tips, Construction Productivity, Construction Workplace
Understanding Construction Accounting Terms And Why It Matters
Posted by Sharie DeHart on Fri, Nov 22, 2019
Hiring an accountant is widely considered best practice for small business owners. But delegating financial analysis and reporting doesn't mean thoroughly checking out of the process each month or quarter. On the contrary, it's recommended that business owners work closely with their accountants throughout the year to better understand their financial position and make smart plans for future growth.
We have discussed time and again the importance of knowing the difference between Construction Accounting and Regular Accounting. For the sake of our new readers, blog subscribers, and podcast listeners, I'll be providing you with some basic accounting knowledge so you can have more informed, insightful discussions with your financial advisors before the year ends.
Topics: Contractor Challenges, Contractor, Contractor Tips, Contractor Operating Tips, Construction Productivity
Improving Client Relationships With CRM In The Construction Industry
Posted by Sharie DeHart on Fri, Nov 15, 2019
Topics: Contractor Challenges, Contractor, Contractor Tips, Contractor Operating Tips, Construction Productivity
Inbox Productivity - Email Management For Your Construction Company
Posted by Sharie DeHart on Fri, Nov 08, 2019
Topics: Contractor Challenges, Contractor, Contractor Tips, Contractor Operating Tips, Construction Productivity
Proven Tax Reducing Opportunities For Your Construction Company
Posted by Randal DeHart on Fri, May 10, 2019
Accounting has two sides:
Internal Accounting (Management Accounting) - for making money. Its purpose is to help you operate and grow your business profitability.
External Accounting (Tax Accounting) - for paying taxes. Its purpose is to prepare tax forms, report your income, and make sure you pay your fair share of taxes.
Understanding the difference will impact your company's financial health and wealth. Both groups of accountants must know the relationship between your internal bookkeeping and the Internal Revenue Service, and the importance of paying the right amount of taxes. There are a lot of professional bookkeepers, accountants, and tax preparers and they all serve a different role in your business.
Read More
Topics: Contractor Sucess, Contractor Tips, Contractor Operating Tips, Construction Productivity