by Shane Dick | Apr 5, 2019 | Construction accounting, Monthly Mission
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...
by Shane Dick | Mar 5, 2019 | Monthly Mission
It’s that time of year! Larger jobs are on the horizon and the goal is building backlog. Many of these jobs require bonding and many contractors are surprised to learn they can’t bond “the job” that fits perfectly in their schedule. The reason, they discover, is...
by Shane Dick | Feb 14, 2019 | 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...
by Shane Dick | Feb 4, 2019 | Monthly Mission
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. :-))...
by Shane Dick | Jan 21, 2019 | Monthly Mission
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...
by Shane Dick | Jan 7, 2019 | Financials, Monthly Mission, Productivity
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...
