Ever feel like running your business means wearing every hat? In a single day, you may go from visionary leader to late-night customer service rep to part-time accountant. You don’t have to handle your finances alone. Building a financial team with both a bookkeeper and a Certified Public Accountant (CPA) can save you time, reduce […]
Category Archives: Bookkeeping
05
Aug
Aug
In construction, cash is king. Whether you’re waiting on client payments, investing in new equipment, or ramping up for a big project, access to capital can be the difference between growth and grinding to a halt. But should your construction company apply for a business loan? It depends. In this blog, we will discuss which […]
Bookkeeping, Cash Flow, Construction
Mastering Change Orders: Five Best Practices for Custom Home Builders
22
Jul
Jul
In the world of custom home building, change is inevitable. From a homeowner’s evolving vision to unexpected site discoveries, the way you handle change orders can make or break a project. Get ahead of the curve with these five time-tested best practices designed to keep your builds on schedule, on budget, and your clients smiling […]
08
Jul
Jul
In construction and trade businesses, equipment, tools, and vehicles are the backbone of your operations. But what happens when one of those assets reaches the end of its useful life? For example, a work truck that’s become unreliable or machinery that has outlived its usefulness. You need to know how to dispose of fixed assets […]
29
Apr
Apr
As your business grows, so do your financial responsibilities. At some point, you might find yourself wondering: Do I need a Chief Financial Officer (CFO), a controller, or both? Understanding the differences between these roles, and when to bring them in, can help you make the right decision for your business. Let’s break it down. […]
15
Apr
Apr
Keeping clean and accurate books is needed for running a healthy business. But sometimes, your bookkeeping can get out of hand. If you have ever felt unsure about the state of your finances, you might be wondering: Are my books a mess? Here are some clear signs that it’s time to clean up your records, […]
25
Feb
Feb
Starting your own business can feel overwhelming. But don’t worry! You don’t need to be a financial expert to get your business started. With a little planning and a step-by-step approach, you can set yourself up for success from the beginning. Here are four simple steps to get you started: 1. Define your Service and […]
04
Feb
Feb
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 […]
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 […]