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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

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.

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Commitment to process

Cassell Construction Estimating

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. We have smaller projects going with Martel in Montana and Arita Poulson in Hawaii.

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Three Unique Marginal Costs Grow Construction Profitability

Contractor Bookkeeping

Cost Is What You See - Profit potential is what you don''t see. High profit construction company owner''s focus on both and understand it "Takes Money To Make Money". Highly Profitable Companies - Focus on how high is up? This one thing can have a massive impact on cash flow and profits. Construction Company.

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Lean Construction, Payroll and Equipment Tracking

Carol Hagen

Recently representatives of Mortenson spoke at a NAWIC Greater Phoenix Chapter meeting and discussed renewable energy (showcasing a wind farm project in Hawaii) and how lean construction practices have improved productivity and their bottom line. All these process improvements add up, make lean construction worthwhile and more profitable.

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Contractors Who Cheat On Taxes Lose Money

Contractor Bookkeeping

From several decades of experience and observations as construction accountants serving contractors all across the USA including Alaska and Hawaii we have proof that contractors who cheat on their taxes lose out on enjoying big cash flow and profits in the long run.

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Exciting products and fresh directions

Cassell Construction Estimating

However some of our clientele reports that it’s still possible to bid a job with some profit, and actually get awarded the job. This month’s stops included Hawaii, (Fukunaga Electrical and Hawaii Community College ), Seattle, (Absher Construction and WinEst),and California, (PBC Companies).

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How to Leverage Construction Metrics and KPIs for Profitability and Long-Term Growth

Construction Business Owner

How to Leverage Construction Metrics and KPIs for Profitability and Long-Term Growth Unlocking strategic insights for long-term profitability for your construction business. mhodges Wed, 07/31/2024 - 09:19 Long-term construction profitability requires a methodical approach based on timely, accurate, and complete information.