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Atlas CFO Blog
Monthly Mission:  Tax Planning and Teenagers

Monthly Mission: Tax Planning and Teenagers

After this Tax Planning segment in All Access, you’ll have the timing down, a checklist of items to gather and a list of questions to ask to get the most out of your tax planning. “YEET” was heard throughout the house as it was screamed by one of our teenagers. ...

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Monthly Mission: Job Closeout Checklist

Monthly Mission: Job Closeout Checklist

Have you ever had a job that would never end? Back in our construction contractor days, we used to joke that we were the best 98% complete contractors out there.  We were great until we got to the final 2% of the job then it seems the job would drag on forever. And...

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Monthly Mission:  Cash Management Checkup

Monthly Mission: Cash Management Checkup

There are three times a year that we like to focus on cash management in a commercial construction company: Late fall – tax planning and the winding down in the workload require some additional cash management. Early spring – we survived the winter and there is a...

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Monthly Mission: Making Sure You Are On Track!

Monthly Mission: Making Sure You Are On Track!

Are you on track to hit your 2019 goals?  May is the month to do a checkup of your financial performance to check your progress.  Why May?  May is a shoulder month.  It’s past the first quarter but it hasn’t gotten CRAZY busy like the summer months.  We now have 1/3...

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Monthly Mission – Building Your Record Retention Policy

Monthly Mission – Building Your Record Retention Policy

It is time for Spring Cleaning!  Now is the time of year when we clear out old records, organize the system and start fresh.  This month’s Monthly Mission is about organizing and retaining the right records for the right amount of time in your business. After 20 years...

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Break-even Analysis Part II – Going Beyond Break-even

Break-even Analysis Part II – Going Beyond Break-even

In this month’s Monthly Mission, the goal was to calculate your break-even point and compare calculated revenue to your backlog to see if you are starting the year on solid ground (30% of your goal revenue is already in backlog/under contract).  The break-even...

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What Is Job Costing? A Simple Example

What Is Job Costing? A Simple Example

Job costing is the accounting function that tracks revenues and costs by job. Why is this important?  It allows you to analyze actual job performance compared to your estimate. This means you have actual results to better compare job revenue and cost data to help...

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Monthly Mission:  Know Your Break-Even Revenue

Monthly Mission: Know Your Break-Even Revenue

Warning:  This post contains math! How much revenue do I need to break even? This is one of the top 10 questions we get from business owners.  (However, if you are one of our clients doing forecasting with Shane, you already know the answer. You know who you are. :-))...

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Reviewing the Work In Progress Job Schedule at Year-end

Reviewing the Work In Progress Job Schedule at Year-end

The work in progress job schedule is a critical report to review at year end.  The WIP can affect your current year end financial results, via the under and over billings adjustment, and it can help set up the coming year for success.  All it takes is a little bit of...

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