by Shane Dick | Jan 15, 2021 | Monthly Mission
This month the Monthly Mission was to calculate your break-even point to see if you are starting the year on solid ground. The break-even calculation creates some simple revenue goals, basically how much revenue is needed to cover your basic operating costs each...
by Shane Dick | Nov 12, 2019 | Cash Management, Monthly Mission
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...
by Shane Dick | Sep 10, 2019 | Construction accounting, Monthly Mission, Productivity
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...
by Shane Dick | Aug 8, 2019 | Construction accounting, Monthly Mission
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...
by Shane Dick | Jun 6, 2019 | Cash Management, Monthly Mission
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...
by Shane Dick | May 5, 2019 | Monthly Mission
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...
