Category Archives : Monthly Mission

Ask the Expert  /  Monthly Mission

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 calculation creates some simple revenue goals that…

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. :-))…

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…

Does anyone really get excited about doing a budget?  Doing a budget takes time.  Doing a budget takes effort.  Doing a budget sets limits and boundaries.  You are already busy.  Life, work doesn’t wait for you to do a budget.  Transactions do not stop occurring so that you can sit…

Many of you know my Dad is a physician.  When I was little and I’d get sick he would tell me the same thing every time:  Eat well, sleep well, get a little sun.  Sometimes he’d also recite a little poem to me called The Best Six Doctors by Wayne…

Check out our recent video on Year-End and Tax Planning for Your Construction Business. Download our free checklist here.