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Back office support can make or break your contracting company. Let us move your contractor bookkeeping service off the roller coaster of pain onto the merry go round of peace of mind with our U.S.A. based outsourced contractors bookkeeping services and contractor success M.A.P.
 
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This Podcast Is Episode Number 438, And It's About Proven Proactive Contractors Formula To Get Things Done And Get Paid As much as we plan, it would be best if you were flexible, adaptable, and reliant. Things happen that are beyond your immediate control. Those of you who want a predictable environment are employees working for a large employer wh…
 
This Podcast Is Episode Number 437, And It's About How A Bookkeeper's Incompetence Can Ruin Your Construction Business Contractors, by nature, are tenacious, resilient, and have a tremendous amount of "Grit And Determination To Succeed," which means they are not easily disturbed or prone to react hastily or rashly at the first sign of trouble. This…
 
This Podcast Is Episode Number 436, And It's About The Advantages Of Healthy Competition For Your Contracting Business Starting a construction business means you'll compete with other companies that already exist. It's a good thing if you have a competition to go up against. Competition pushes you to be innovative. It also means there's an establis…
 
This Podcast Is Episode Number 435, And It's About Construction Company Recovery After A Financial Setback You started your construction business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Whether those hardships are pandemic-related or linked to other …
 
This Podcast Is Episode Number 434, And It's About The Actual Net Worth Of Your Construction Company Have you been in business as a construction contractor or specialty contractor for a while, and now you are wondering what your construction company is worth? Nothing is ever as good or as bad as it appears. If you are like most contractors, you lea…
 
This Podcast Is Episode Number 433, And It's About Why Smart Construction Business Owners Never Stop Marketing One classic mistake construction business owners make when money gets tight is stopping marketing or cutting their budgets. At first glance, it seems logical to cut down your expenses during harsh economic conditions. However, in reality, …
 
This Podcast Is Episode Number 432, And It's About Cash Flow Advice For Construction Businesses Solid cash flow management is vital to ensuring your business survives, but not everyone understands what cash flow is or how to manage it. That's likely what makes it a leading cause of stress for construction business owners. Cash flow refers to the mo…
 
This Podcast Is Episode Number 431, And It's About Consequences Of Avoiding Your Construction Bookkeeping Every business needs a financial plan. Your financial plan gives you a way to monitor and review your cash flow, make adjustments to your spending, and anticipate any upcoming economic issues. It can also make you more prepared to request fundi…
 
This Podcast Is Episode Number 430 And It's About Five Key Points To Optimize Construction Sales And Profits Owning a construction company and being an employee requires different mindsets and attitudes or paradigms. Both positions are natural enemies and generate tension, leading to various diseases; mental, physical, emotional, and spiritual. Con…
 
This Podcast Is Episode Number 429, And It's About The Challenges Of Construction Business Partnership Randalism: A Partnership is the only ship designed to sink. However, we understand your preference, so I would like to talk about it in this blog post. Joint ventures are a bit like change orders. They can be an incredible opportunity to make or l…
 
This Podcast Is Episode Number 428, And It's About Managing Field Workers Effectively In Your Construction Business The construction manager is conditioned to avoid emergencies by being proactive. It is necessary to have systems in place to deal with emergencies when they arise. After the crisis has passed, the effective project manager evaluates t…
 
This Podcast Is Episode Number 427, And It's About Consequences Of Avoiding Your Construction Bookkeeping If you ask 100 business owners what they like least about running a business, the chances are good that bookkeeping will rank high on the list. It's an annoying and frustrating chore that takes up much time and is easy to put off until tomorrow…
 
This Podcast Is Episode Number 426, And It's About Construction Business Mid-Year Reminder For Setting And Reviewing Goals How are you and your construction business? Have you considered what you'd like to achieve in the coming twelve to eighteen months? Or maybe your set of priorities for the next half of 2021? Contractors like you are typically h…
 
This Podcast Is Episode Number 425, And It's About Digital Disaster Recovery For Your Construction Company Hiring or not hiring employees is one of the few optional things the business owner chooses, changes their mind, or changes direction as needed. With so much discussion about employees, payroll, and payroll taxes, you may feel that you miss ou…
 
This Podcast Is Episode Number 424, And It's About Five Ways To Make The Most Of Your Construction Business Downtime Every business experiences slow periods when the market for their goods or services lessens and sales drop. Construction business owners like you might be tempted to view downtimes as unproductive or wasted, but there are ways you ca…
 
This Podcast Is Episode Number 423, And It's About Rebuilding Trust After A Negative Online Review Online reviews are an essential marketing tool for many small businesses, especially for service-based businesses like yours. They give potential customers and clients a chance to see how effective your goods or services are, how responsive you are to…
 
This Podcast Is Episode Number 422, And It's About Digital Disaster Recovery For Your Construction Company Sales are about addressing your customers' needs and problems. By understanding the issues clients face, you can show them how your service solves their problems. Here are some tips for asking the right sales questions to better understand and…
 
This Podcast Is Episode Number 420, And It's About Digital Disaster Recovery For Your Construction Company Emergencies can happen in the blink of an eye. Gmail, Yahoo, MSN, and social media are all in the cloud. When disaster strikes, flood, fire, theft, earthquake, or a lousy bookkeeper deliberately destroying business records or computer crash, y…
 
This Podcast Is Episode Number 420, And It's About Optimizing Your Construction Business Website for Local Searches For most construction businesses, increasing sales during this time will be very beneficial and may provide some much-needed cash flow relief. Local search engine optimization (SEO) is an integral part of any online marketing strategy…
 
This Podcast Is Episode Number 419, And It's About Becoming A Better Construction Manager By Developing Accountability The success of any business, large or small, depends considerably on nurturing an efficient, productive workplace. While improving employee productivity should always be a priority when the ultimate goal is a sustainable and profit…
 
This Podcast Is Episode Number 418, And It's About Steps Construction Company Owners Can Take To Avoid Employee Fraud Billing schemes. Skimming. Check-tampering. Employee fraud is a real risk for businesses with fewer than 100 employees. In fact, according to the Association of Certified Fraud Examiners, small businesses lose almost twice as much p…
 
This Podcast Is Episode Number 417, And It's About Winning Tactics For Contractor Paperwork You started your contracting company to have fun, be your own boss and do the work you love. Now you are overwhelmed with paperwork, and the fun is gone! One of the biggest struggles construction business owners deal with is the overwhelming amount of paper …
 
This Podcast Is Episode Number 416, And It's About If My Construction Business Is Making A Profit Where Is The Cash Some construction business owners find themselves in the difficult position of running a business that appears to be profitable but still having no money in the bank. It's a critical situation to address. After all, a lack of adequate…
 
This Podcast Is Episode Number 415, And It's About Proven Practices To Collect Construction Client Payments Effectively All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do. We've been there before, and it will probably happen again in the future. Owning and…
 
This Podcast Is Episode Number 414, And It's About Leading Contractors Successfully Through Major Organizational Change We are all currently experiencing and adapting to present pandemic times. We've probably adjusted our business model to cater to our clients, new and existing. Construction business change is almost always a good thing, but often …
 
This Podcast Is Episode Number 413, And It's About The Ugly Truth About Doing Your Construction Company Payroll Still Doing Your Payroll? At face value, it seems like a great idea. If you're a small construction business owner with just a few employees, you probably think hiring a payroll specialist is an expense that you can avoid. You feel that y…
 
This Podcast Is Episode Number 412, And It's About The Right Accounting Software Can Increase Your Profits Most construction business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses, and view real-time financial reports to manage cash flow and make better business deci…
 
This Podcast Is Episode Number 410, And It's About How To Make 2021 Your Contracting Cash Flow Year Nobody wants their business to fail. Although it's impossible to predict the future with 100% accuracy, a cash flow forecast is a tool that will help you prepare for different possible scenarios in the future. What is Cash Flow Forecast? Cash flow fo…
 
This Podcast Is Episode Number 409, And It's About The Answer To Your Construction Bookkeeping Chaos Making decisions never ends for contractors like you. Being adaptable is one of the basics of good decision-making skills. Think of decision-making as being in a bumper car. You are continually driving and trying to avoid the other bumper cars. Supp…
 
This Podcast Is Episode Number 408, And It's About The 4 Contractor Do-It-Yourself Bookkeeping Flaws Exposed As a construction business owner, you operate in a multi-faceted changing environment doing the impossible with limited time, money, and resources on every project, and soon as one is finished, another one is waiting for you. You are highly …
 
This Podcast Is Episode Number 407, And It's About Critical Crisis Takeaways For Construction Business Owners If there's one thing last year taught us, it's how quickly the world has changed in such a short time and that we cannot take anything for granted. While we can all hope that the pandemic is a once-in-a-lifetime scenario, there is a lot in …
 
This Podcast Is Episode Number 406, And It's About Practical Tips To Trim Your Overhead Costs Every small construction business owner knows how challenging it is to cut down expenses without somehow compromising internal or external quality. Regardless of your business's nature, the first step to reducing your overhead costs is to take the time to …
 
This Podcast Is Episode Number 405, And It's About Early Warning Signs Of Insolvency To Watch Out For Running a construction business isn't exactly a walk in the park. It is hard work but a rewarding journey at the same time, and you can probably attest to this yourself. Sometimes, things also don't go as planned, and you may find your business in …
 
This Podcast Is Episode Number 404, And It's About The Reason Why Some Construction Projects Fail Estimating and submitting bids is one of the most stressful and nerve-wracking sides of your construction business. It is essential to keep in mind that "break-even" in the construction business is challenging to calculate because most projects are one…
 
This Podcast Is Episode Number 403, And It's About Cash Flow Management And How To Track Income A wise business owner once said, "Happiness is positive cash flow." As a business owner, I'm sure you agree. Everything is better when your cash-in exceeds your cash-out. A cash crisis can be emotionally devastating, and it can even kill your business. I…
 
This Podcast Is Episode Number 401, And It's About Hidden Costs When Choosing The Right Construction Accounting Software Typically, in the first month of the year, many contractors with expensive high-end construction software are re-examining if QuickBooks for Contractors is all they need and if switching over to it makes sense. I chat with Contra…
 
This Podcast Is Episode Number 400, And It's About A Guide On How To Provide Year-round Value To Your Contracting Clients Markets are dynamic and continually evolving, so no business can afford to stand still. Many construction business owners have learned that in the last few months as COVID-19 spread around the world. No matter how excellent your…
 
This Podcast Is Episode Number 0399, And It's About Smart Contractors Spend Money On Marketing Accounting And Production There is no better time to reflect and think seriously about your construction business. Excellent organization systems add considerable value to any business because they allow you to spend more time working on your business rat…
 
This Podcast Is Episode Number 0398, And It's About How To Avoid Overpaying Your Construction Business Tax Contractors want to maintain control without making any changes. "Keep doing the same thing but expecting a different result." Throwing the receipts in a shoebox (behind or under the seat in the truck) is the favorite way to deal with paperwor…
 
This Podcast Is Episode Number 0397, And It's About The Value Of Time And Bookkeeping For Construction Business Success Keeping track of sales, earnings, expenses, and purchases are fundamental to your construction business's overall health and sustainability. Effective bookkeeping produces the data you need to evaluate your current practices, anti…
 
This Podcast Is Episode Number 0396, And It's About Answers To Frequently Ask Questions About Our Bookkeeping Services One of the biggest concerns contractors have about outsourcing their bookkeeping to a cloud-based contractor accounting service like ours, is they think it means sending jobs off-shore rather than keeping your dollars in America wh…
 
This Podcast Is Episode Number 0395, And It's About Eight Things Your Construction Invoice Needs To Get Paid Faster Without proper tracking and matching of income and expenses, most construction companies never know if they made a profit until the job is over. Due to your work's nature, as construction contractors provide services on a per-job oper…
 
This Podcast Is Episode Number 0394, And It's About A Contractors Guide To Dealing With Customers Who Refuse To Pay All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do. I've been there before, and it will probably happen again in the future. Owning and oper…
 
This Podcast Is Episode Number 0393, And It's About Overcoming Contractor Marketing Challenges Now that the internet has become an integral part of our daily lives, modern consumers no longer depend on television, radio, and print advertisements. We look and go through a plethora of information first, accessed through popular search engines (Google…
 
This Podcast Is Episode Number 0392, And It's About The Benefits Of Adapting To Technology For Your Construction Business If you have a task that you don't like to do, there's an app or software program to take care of it for you. It might take a few moments of your time to learn and understand how the software or app works, but doing so will save …
 
This Podcast Is Episode Number 0391, And It's About Telltale Signs Of Bookkeeping Embezzlement And How To Prevent It Bookkeeping embezzlement stems from a feeling of entitlement and the need to get even. Your bookkeeper or accountant will steal if they feel confident they can get away with it and if circumstances allow for it due to weak integrity …
 
This Podcast Is Episode Number 0390, And It's About Contractors Need KPI, Not Get-Me-By Being in your own business can be the best time in your life. Alternatively, the worst time! No one starts a business, especially a contracting business, and have it rolling perfectly with a profit every step of the way. Between regulations, economic uncertainty…
 
This Podcast Is Episode Number 0389, And It's About Proactive Contractors Use Lien Services To Protect Cash Flow Proactive versus reactive are the two methods of getting something done. I find everyone works in a combination of both, I included. Proactive is scheduling and doing everything ahead of time. Nothing is ever waiting until the last minut…
 
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