Most business owners want to use their financial reports. They just don’t trust them. Or they glance at the numbers, feel a little uneasy, and move on. The story feels unclear, or the numbers seem to contradict what they’re experiencing day-to-day. Your numbers really are trying to tell you something. The problem is: they often […]
Category Archives: Construction
20
Jan
Jan
If you run a construction company, chances are “accounting” feels like one big bucket. Bills get paid. Payroll runs. Jobs get invoiced. Reports show up. So everything must be fine, right? For many growing construction businesses, that is where things quietly start to go sideways. As revenue grows and more jobs are running at the […]
06
Jan
Jan
When you first started your business, bookkeeping was simple. You tracked income, paid bills, and kept receipts. That system worked effectively for a while. But as construction businesses grow, basic bookkeeping often can’t keep up with real-world decisions, and that’s when frustration starts to build. When this happens, it usually means you have outgrown basic […]
16
Dec
Dec
When you’re running a service-based business, such as a construction company, understanding your numbers isn’t just about paying taxes; it’s also about managing your finances effectively. It’s about unlocking clarity, making better decisions, and building a business that’s as strong behind the scenes as it is in front of customers. One of the most important […]
25
Nov
Nov
Whether you’re a solo contractor or managing a full construction crew, a clear and professional construction proposal is one of the most important tools in your toolbox. It sets expectations, outlines costs, and helps protect both you and your client from misunderstandings once the work begins. Here’s a breakdown of what to include so your […]
28
Oct
Oct
Construction delays can be incredibly frustrating. You have deadlines, budgets, and customer expectations all on the line. Suddenly, something throws everything off schedule. Whether it’s a delivery that never shows up or a surprise issue on-site, delays can feel like they stop your entire business in its tracks. Delays are a normal part of construction. […]
14
Oct
Oct
Recently, I had the joy of celebrating a big milestone with one of our long-time clients. It was their 10-year business anniversary. We have been working together for nine of those years, so joining in their celebration felt extra special. Walking into the party, I wasn’t sure if I would recognize them right away. After […]
02
Sep
Sep
If you’re a custom home builder or contractor, you’ve probably heard your bookkeeper or CPA mention “cash basis” and “accrual basis” accounting. If your eyes glazed over at that moment, don’t worry, you’re not alone. Let’s break it down in plain English, using real examples from the construction world. Understanding the difference can help you […]
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 […]