• 20% of your customers normally generate 80% of your net profit. 

  • 20% of the goods or services you sell contribute 80% of your revenue

  • 20% or 2 out of 10 of your staff create 80% of the value for your customers.

The frightening consequence of the 80/20 rule is that 8 out of 10 hours we spend at work drive almost no value to the bottom line and the biggest drain is trying to save money doing our own contractor bookkeeping instead of reviewing the Key Performance Indicator (KPI) Reports. Through our contractors bookkeeping services system you can access them 24/7 without opening QuickBooks for Contractors.

 

The most important value good bookkeeping brings to a business is an understanding of where your 20% is hidden.  

By generating daily reports that uncover the best customers, jobs, services, or products, you will soon see how you can refocus your internal efforts on doing more good work.

This is the great contribution a company receives from good QuickBooks®  data and from using QuickBooks®  the ‘right-way’.

For insights on how to develop a Business Plan click here