Contractor Bookkeeping

AUGUST 11, 2014

The banker said his Profit & Loss, Balance Sheet did not look right to him. His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. QuickBooks Job Profitability Reports. He had to rely on his gut feeling.

Profitability 48

Profitability Contractors Accounting Income 48

Contractor Bookkeeping

AUGUST 4, 2014

Ever Wonder Why Some Competitors Seem To Have More Cash Flow And Profit Than You? Earning enormous amounts of cash and profits in any business is simple, not easy, but simple if you know what to do. Joe The Plumber''s Story: I met a plumbing contractor in the mid 1970''s who was very profitable.

Profitability 49

Profitability Contractors Accounting Documentation 49

Contractor Bookkeeping

DECEMBER 1, 2012

Construction Companies - In Washington State contractors selling material (as part of your service) is a taxable event. You Can Pay Sales Tax - On every purchase as you go if you have unlimited cash flow? tax the rental company charged off your bottom line profit. Who is the customer? When is sales tax paid?

Certification 52

Certification Washington Contractors Accounting 52

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Poor scheduling affects production and cash flow. Work-In-Progress (WIP) report the ultimate gauge for cash flow and least understood. Ignoring Profit Centers and Key Performance Indicators (KPI).

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Contractor''s Business Round Table Reduces Profits.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

SEPTEMBER 20, 2013

Wealthy contractors have a secret system that shows them what to do, when to do it, how much it will cost, how long it will take to be paid back, the Return on Investment and they use the new cash flow and profits to do it over and over and get richer and richer! Watch The Video Below And If You Are A Contractor.

Profitability 50

Profitability Contractors Accounting Montana 50

Contractor Bookkeeping

OCTOBER 1, 2013

Wealthy contractors have a secret system that shows them what to do, when to do it, how much it will cost, how long it will take to be paid back, the Return on Investment and they use the new cash flow and profits to do it over and over and get richer and richer! Watch The Video Below And If You Are A Contractor.

Profitability 48

Profitability Contractors Accounting Montana 48

Contractor Bookkeeping

DECEMBER 20, 2013

With the optional bill tracking and bill payment services they are increasing bottom line profits by avoiding late fees and taking advantage of vendor discounts which in some cases can generate 36% Return on Investment! About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Profitability 48

Profitability Accounting Construction Security 48

Contractor Bookkeeping

SEPTEMBER 25, 2013

If you are doing construction work in Washington State You can start here https://fortress.wa.gov/lni/bbip/Search.aspx - mobile app is coming. In Washington State you can do it through The Department of Labor And Industries. Washington State Licenses [link]. Is your #1 Favorite Customer adding / taking profits or cash flow?

Contractors 49

Contractors Cash Flow Washington Compensation 49

Construction Business Owner

SEPTEMBER 29, 2021

How Construction Companies Can Boost Cash Flow and Profitability. How your company pays for purchases and manages expenses impacts your employees, your customers, and your key business metrics, including profitability. Improve cash flow with faster billing. project profitability. . Greg Ragsdale.

Management 231

Management Virgin Islands Cash Flow Puerto Rico 231

Contractor Bookkeeping

OCTOBER 18, 2013

If your bookkeeper is an employee and they have no equity interest in your company they do not have the same concern about your construction company''s cash flow and bottom line profit that you do because when it fails they can blame you for "Not knowing how to run a business" and go wreak havoc elsewhere.

Contractors 48

Contractors Bankruptcy Cash Flow Accounting 48

Contractor Bookkeeping

SEPTEMBER 1, 2014

For Example - The simple Profit & Loss Report Can Be Shown Four Different Ways With Little Effort. The First Two Profit & Loss Reports Show Accrual Basis Vs. Cash Basis. The Next Two Profit & Loss Reports Show Accrual Vs. Cash And % of Income. This may sound too good to be true and yet it is not.

Contractors 48

Contractors Accounting Cash Flow Profitability 48

Contractor Bookkeeping

JUNE 20, 2012

Major Home Builder Actions Signal Profitable Opportunities Ahead For Contractors. They network with people who are well connected and pay close attention to the profitable construction firms, large and small that who are doing well. Sharp Construction Company Owners - Do something similar.

Seattle 51

Seattle Contractors Profitability Metro 51

Contractor Bookkeeping

MAY 28, 2014

Can Help You Overcome the challenges of Marketing, Accounting and Production by focusing on the keys to unlock your contracting company natural inclination to generate consistently high cash flow and profits. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Contractors 48

Contractors Accounting Profitability Cash Flow 48

Contractor Bookkeeping

NOVEMBER 18, 2013

They are all from the Washington State Department of Labor & Industries website. There are an infinite number of reasons why most construction companies do not generate a minimum 20% net profit and a six figure after tax income for the owners. There Are Three Links With FREE Downloads. No Form To Fill Out - Just Click And Go!

Accidents 48

Accidents Accounting Construction Profitability 48

Contractor Bookkeeping

NOVEMBER 15, 2013

. #02 Primary Financial Reports like Profit & Loss and Balance Sheet how your construction company is doing from a big picture view like looking out the window of an airplane cruising at 30,000 feet. 03 Job Costing Reports like Profit & Loss By Job, Job Profitability and Estimates Vs. . #03 QuickBooks Cash Report.

Accounting 48

Accounting Construction Profitability Project Management 48

Construction Business Owner

DECEMBER 9, 2011

For Washington, please visit the Washington State Department of Labor & Industries. Lower insurance costs mean project managers can submit more competitive bids on a job because they are no longer worried about higher employee costs-a win-win all around! www.dexterchaney.com. February 2009. January 2009. December 2008. August 2008.

Construction 136

Construction Insurance Software Software 136

Contractor Bookkeeping

AUGUST 13, 2014

I Do Like Managed Risks - Which is anything I can control the input and have a greater than breakeven chance of making a profit. Knowledge Leads To Profits And Cash Flow. One Tiny Bit Of Knowledge High Profit Contractors. At 10% Profit You Need $15,544.20 More Sales To Maintain Profit Margin.

Contractors 48

Contractors Accounting Profitability CA 48

Contractor Bookkeeping

SEPTEMBER 11, 2012

07 - Are you are having cash flow problems? #08 All Outsourced Accounting Services Are Done In Our Office In Lynnwood Washington. #05 - Can you not afford to hire a full time construction bookkeeper and is this what you have now? Is Thi s What You Need? #06 08 - Are you are spending time fighting financial fires? #9

Accounting 57

Accounting Contract Cash Flow Contractors 57

Contractor Bookkeeping

SEPTEMBER 13, 2013

Having worked with contractors for a very, very long time the one thing we see highly profitable contractors do that other contractors don''t is they all have a documented Business Plan which they review and update during the two weeks following the end of every calendar quarter. 20% of your customers normally generate 80% of your net profit.

Plans 48

Plans Contractors Cash Flow Profitability 48

Contractor Bookkeeping

MARCH 13, 2014

The truth is the most successful, wealthy, highly profitable construction contractors don''t like change. Six keys helped us out perform other contractors in terms of cash flow and profit year after year regardless of the economic conditions: I was raised in a construction family. Never, never let your C.P.A.

Accounting 48

Accounting Construction Contractors Profitability 48

Contractor Bookkeeping

JULY 4, 2012

Whether You Are Working out of your truck, home, the local coffee shop, commercial office space or The SnoKing Contractors Center we are your best choice because we work remotely from our office in Lynnwood Washington. Then I focus on helping you increase your construction company's Profit and Growth. Lynnwood, Washington, 98036.

Contractors 48

Contractors Cash Flow Accounting Washington 48

Cassell Construction Estimating

JUNE 4, 2009

The trends of the last quarter are continuing – decreasing profit margins, more bidders on every job, and at times companies bidding what appears to be downright foolishly. Our clientele reports that it is mainly living off last year’s backlog, a pervasive trend in this market. We’re staying busy.

Montana 100

Montana Hawaii Bidding Cash Flow 100

Contractor Bookkeeping

DECEMBER 20, 2013

In the end we believe Bill.Com is still a worthwhile investment because of the time savings and increased cash flow.). Profitable Construction - Companies have known about the value of online invoicing and bill payment to help increase their cash flow and profitability and now you know about it too!

Contractors 48

Contractors Accounting Cash Flow Construction 48

Contractor Bookkeeping

JULY 18, 2012

The difference between a Professional Bookkeeping Service and a Cheap Bookkeeper can cost you tens of thousands of dollars a year or more on your bottom line profit. Randal DeHart, our co-founder served a plumbing apprenticeship in the late 1970's and is still licensed as a Journeyman Plumber PL01 in Washington State.

Contractors 48

Contractors Cash Flow Commissioning Work in Progress 48

Rory Woolsey

FEBRUARY 28, 2012

Knowing where the key project metrics such as time , costs, resources , and cash flow are relative to a datum (the project plan). A poor plan for time, costs, resources and cash flow is sometimes worse than no plan. Time schedules, resource schedules and cash flow plans all come from a well thought out cost estimate.

Estimating 40

Estimating Cash Flow Budgeting Budget 40

Contractor Bookkeeping

JANUARY 27, 2014

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? The difference between a Professional Bookkeeping Service and a Cheap Bookkeeper can cost you tens of thousands of dollars a year or more on your bottom line profit. We know what to do!

Contractors 48

Contractors Accounting Banking Profitability 48

Contractor Bookkeeping

APRIL 1, 2014

We show you how to remove unique cash flow bottlenecks which are common in contractors bookkeeping, that results in more money in the bank, reduced overhead and lowers their stress level. Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!

Accounting 48

Accounting Contractors Project Management Cash Flow 48

Contractor Bookkeeping

AUGUST 25, 2014

In normal times, contractors who pay close attention to their Five Key Performance Indicators financial reports and stay aware of the macro global economy and the micro local economy can plan ahead and earn a normal profit after paying the owners a reasonable salary. Pent Up Demand #01 - Deferred maintenance.

Contractors 48

Contractors Accounting Profitability Hawaii 48

Contractor Bookkeeping

JULY 28, 2014

All construction problems are related to cash flow or communication. As soon as I need money I will ask for it - See Cash Flow Diagram. Large Profitable Construction - Companies have known about and used some form of Business Process Management (BPM) for hundreds of years. Click Here To Learn More.

Contractors 48

Contractors Change Orders Accounting Cash Flow 48

Contractor Bookkeeping

FEBRUARY 10, 2014

Verify Profit And Loss - Does It Make Sense? If you are having cash flow problems you could be paying too much in state, Federal and local taxes and we may be able to help. Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!

Accounting 48

Accounting Construction Banking Project Management 48

Contractor Bookkeeping

SEPTEMBER 27, 2013

You Need Reports You Can Trust - Because the truth about owning a construction company is you have to make decisions and you need good solid reliable financial reports, Profit and Loss, Balance Sheet, Job Costing, Job Profitability reports and most importantly the Five Key Performance Indicators (KPI) to help you make the best decisions.

Banking 48

Banking Change Orders Accounting Cash Flow 48

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Tax Advantages For LLC or a Sub S - If you do not setup your corporation correctly the profit or loss from your business will be passed through to the owners as normal income. 20% Of The Contractors Earn And Keep 80% Of The Profits.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

MAY 22, 2013

Here is the story: Randal DeHart is an accountant in Lynnwood, Washington, just outside Seattle. He evangelizes to his clients to manage cash flow first. His favorite saying is " cash is a fact, profit is an opinion.". It''s the greatest thing since sliced bread.". DeHart is innovative and embraces technology.

Contractors 48

Contractors Accounting Software Software 48

Contractor Bookkeeping

JULY 30, 2014

Fast Easy Accounting translates Builder Documents Into Usable Reports for better profits. Profitable Contractors and Construction Company owners have known about the value of outsourced bookkeeping services and contractor coaching services like ours for a long time and now you know about it too! Warm Regards, Need Help Now?

Accounting 49

Accounting Housing Construction Contractors 49

Contractor Bookkeeping

DECEMBER 20, 2012

07 - Are you are having cash flow problems? #08 All Your Outsourced Bookkeeping Services Done At Our Lynnwood Washington. #06 - Are your vendors, suppliers and specialty trade contractors calling to get paid? Worse yet are they being paid several times due to bad bookkeeping? #07 Fill Out The Form And Get The Help You Need!

Contractors 48

Contractors Accounting Cash Flow Construction 48

Contractor Bookkeeping

JUNE 20, 2014

You do all the work they get half the profits and you politely refuse. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Payment terms put you in never ending negative cash flow by loaning the customer money at 0% and borrowing on your credit cards at 24%.

Insurance 48

Insurance Construction Accounting Claims 48