All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do.
We've been there before, and it will probably happen again in the future. Owning and operating any business, including accounting, means sometimes you provide goods and services and not get paid.
Knowing The Answers Helps
"If you know the answers, the questions will not bother you" - Randalism.
When you sat for an exam or a school test and knew the material forwards and backward, it was fast and easy. The exams and tests for the classes you struggled with were the opposite.
In your construction company, it is the same; you need the answers to develop understanding, which helps us all let go of the past and move forward.Read More
We Show You How To Get Paid The Easy Way
Which QuickBooks Is Best For My Construction Company?
This question comes up a lot when a contractor asks us about our Outsourced Contractors Bookkeeping Services Program. In most cases we only invite construction companies with annual sales up to $10M and no more than 20 employees to become clients. The reason has to do with a principle from the study of economics known as expansion isoquants which describes the hidden dangers of growing any company to higher and lower production levels. Click here for more about this concept of Optimize Vs. Maximize.