If you are a construction business owner, you have probably heard the term Work in Progress (WIP) thrown around. What exactly is WIP, and why do you need to understand it? WIP is more than just another accounting term; it’s a resource that helps you track your projects, manage cash flow, and stay profitable. Let’s […]
Author Archives: Jessica Berkley
21
Jan
Jan
If you own a business, you’ve likely heard the term “corporate veil.” It’s an important concept for business owners, especially those operating as a corporation or LLC. This article explains what the corporate veil is, why it matters, how it can be pierced, and how to protect yourself and your business. What is it? The […]
07
Jan
Jan
The start of a new year is the perfect time to reassess your strategies, set clear goals, and lay the groundwork for growth. Here are six practical goals to help your business thrive this year. 1. Define Your Ideal Client Not every client is a good fit for your business, and that’s okay! When you […]
17
Dec
Dec
During slow periods, construction companies can adopt various strategies to maintain cash flow and keep the business thriving. These downtimes can be opportunities to explore new revenue streams and strengthen your business model. Here are five effective ways to generate revenue during these times. Offer Maintenance and Repair Services Maintenance and repair services are always […]
03
Dec
Dec
This year I set a personal goal for myself: I wanted to become a runner. I can confidently say that I have reached that goal! Additionally, the journey to get there was rewarding in itself. What lessons did I learn from working towards my running goal? Know your why Before I started on this journey, […]
19
Nov
Nov
Generating leads is important for any business, but turning those leads into clients is what matters. For construction companies, this process involves a mix of smart marketing, personalized communication, and showcasing your skills. Here are five creative strategies to help you convert leads into loyal customers. 1. Use Virtual Reality (VR) and Augmented Reality (AR) […]
24
Sep
Sep
One of our favorite accounting apps is Dext Prepare. We love the ability it gives our clients to upload receipts and manage expenses in their accounting software. Dext Prepare continues to innovate and provide tools that streamline your bookkeeping and accounting processes. Let’s dive into some of the newest features they have released. The Supplier […]
10
Sep
Sep
You love running your own business, but you hate paying bills. Bills come in an endless stream into your inbox and mailbox. Do you want to set up an easier way to approve and pay them? Our Bill Pay Management Service may be just the right thing for you. In this article, we discuss how […]
19
Aug
Aug
As you may know, Xero is retiring its classic invoicing system. Based on feedback from the Xero community, they have enhanced the new invoicing experience with some great features. Here’s what you need to know about these changes and how they might affect your invoicing process. Timeline for Switching To make the transition smoother, Xero […]
06
Aug
Aug
You’ve heard about KPIs (Key Performance Indicators) and know that other businesses use them to measure success. Should you be tracking them? This guide will explain what KPIs are, provide some examples, and give advice on how to use them to make better decisions. What are KPIs? KPIs are metrics that measure how effectively a […]