by Shane Dick | Jul 21, 2020 | Construction accounting
Getting a “no” answer from a bonding agent or surety is frustrating. And it seems counter-intuitive, because you need the work to make the profit that the surety wants you to have, but…they won’t give you the green light on the work you need to make the profit....
by Shane Dick | May 6, 2020 | Construction accounting
Make Life Easy, Steal this Cash Forecasting Template There’s been a lot of talk about cash forecasting recently. Whether it’s a 13-week look ahead or 8-week cash plan or calculating your “cash burn,” they all mean the same thing: How long will my cash last,...
by Shane Dick | Mar 31, 2020 | Construction accounting
What can you get ready to get done? I’m a sci-fi lover, but I didn’t think I’d be in one. And after just a few days of living in this sci-fi movie, I’m done. That’s it. I’m over it. The brain can only handle one emotion at a time. What emotion have we been running on?...
by Shane Dick | Mar 10, 2020 | Construction accounting
Receiving a collection call sucks. We’ve got 3 tricks to handle them. The last one’s the best. For most of us, making collection calls ranks near the top on the list of things we don’t like to do. However, being on the receiving end of collection calls...
by Shane Dick | Feb 11, 2020 | Construction accounting
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,...