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Avoid This When Investing in Your Business A.K.A. How much do I have available to spend on assets? As a general rule, construction contractors like equipment. And why not? It builds the Balance Sheet, should increase profit and gives you an asset for the future. Now,...
Three Ridiculously Easy Ways to Increase Profitability in Your Construction Company Have you ever wanted the “easy button?” Who doesn’t?! If there was an easy button for running a construction contractor and turning a profit, we would have loved it. We never found...
Three Mistakes Construction Companies Make in Their Business Construction contractors are tough, resilient, and relentless at building a successful business. They are hard-working and committed to doing the right thing and rewarding their team. Construction...
My favorite holiday is New Years. I love it. I love the reflection and planning that comes with a new year. For the most part, I’m a, “God faces your forward for a reason” type person, but at year end, I do like a bit of reflection and review so that I know how to...
Have you ever put on lipstick to kiss a check? Well, I have. There were a few times that a check showed up from a beloved customer just the moment we needed it. During those times, I whipped out my lipstick and kissed the check and then ran it to the bank. In the...
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. ...
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...
Ever had that nagging voice in your head saying, “I hope we’ve billed all our jobs….I think we billed all our jobs….how do I know if we billed all our jobs”? Because we've been there too, this month’s mission is to seek and bill those pesky jobs that may have fallen...
Have you ever felt completely overwhelmed by your to-do list, or the people calling you, or the growing number of emails in your inbox? Would you like to know my secret to fix it? Click here to get our Top 10 Tips for when you have too much to do and not enough time!...
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...
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...
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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