Consumers in the year 2020 have shifted to digital and are becoming more and more tech-savvy than ever before. Right at our fingertips, we have Google and th...

Job costing is considered to be the most crucial part of running a construction business. And you may think that it is too complicated and time consuming, an...

It’s 2020 already! Time flies! Are you keeping up with your resolutions? I am! One of my resolutions is to help as many business owners as I possibly can thi...

Running construction jobs without knowing your job costs is like driving blindfolded. What problems can you allocate if you don’t perform job costing? 1. It ...

The construction industry is plagued by slow payments. On average, it takes 83 days for contractors to get paid - longer than just about any industry in the w...

Profits are usually gained or lost based on how accurate your estimates are. Yes, one bad bid wouldn’t put you out of business, but if you keep making the sa...

Construction projects can be very lengthy with substantial budgets involved. How are you supposed to pay for all the materials and labor the whole time? You ...

We all know about two of the most helpful forms of reporting required by many institutions like Banks and IRS : Balance Sheet and Profit & Loss (Income State...

Often I see business owners struggling with invoice collections. Clients are waiting for the absolute last minute to pay the bill. Everyone wants their invoi...

Where is my cash? You might have asked yourself that question a couple times. When it comes to handling your business accounting, there are a few key financi...

So how does the work get done when I’m not actually working with the clients on site? It is more simple then it seems! I use the power of the internet and va...

A lot of times it’s a challenge to justify outsourcing business bookkeeping. Yes, paying a professional bookkeeper is an added expense, but by doing so you m...

The more I talk to business owners in construction industry, the more I realize how much they are struggling with the financial records being scattered all o...

It is very important for every business, especially for construction industry to manage not only operational aspects but also financial. Sometimes it’s easy ...

Regular accounting is focused on Total Profitability of the business, but in Construction it is very important to look at the different levels of performance...

Many business owners prefer to do their bookkeeping themselves, so I thought of outlining some of the mistakes that I have encountered after taking over my c...

Plenty of times I have heard from small business owners: “Why do I need to look at Financial Statements?” And the only statement that is known to have relati...