Remove Finance Remove Overhead Remove Profitability Remove Residential
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Bill.Com Can Save Time And Increase Your Construction Company Profits

Contractor Bookkeeping

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! an hour after all of the taxes and overhead. For example a part-time bookkeeper paid $15.00

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Common Types of Construction Contracts And Their Use

cnstrctr

The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain. This type is often used by governments and in simple residential construction. These are great for usage on simple residential and commercial construction projects.

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A Cash Flow Guide for Architects

Levelset

If you don’t have enough cash available for your expenses, you may need to look at some short-term financing options. Gray recommends starting with your breakeven rate and then adding 20% to that as your profit margin. Where direct labor is the percentage of salaries that are spent on billable work (rather than overhead time).

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle. Which QuickBooks Reports Will Help You Increase Sales And Profits? Of course you are!

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How to Start a Roofing Business: 9 Tips to Grow & Thrive

Levelset

It’s an excellent time to consider starting a roofing company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for the roofing industry, which is expected to grow revenues by around 1% annually for the next five years. . Read more: The profit roadmap for contractors.

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PSMJ Resources Blog: How to Gain Your Client's Trust

PSMJ Resources

And, with overhead dollars so tightly controlled, you must leverage every dollar you spend developing new business. PSMJs A/E/C Project Management Bootcamp can instantly and dramatically improve your ability to manage projects for quality, speed, and profitability. Corporate Finance Associates blog. Monday, October 17, 2011.

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Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

When you own a small contracting company, like a residential remodeler, plumber, electrician, concrete contractor, flooring contractor or any other construction related company it is imperative that you have a good clean set of books that are consistent and updated regularly. See more at: [link].