Category Archives: Help

How to Build a Succession Plan for Your Small Business

telescope succession planning

Chances are, your small business feels like part of your identity. You’ve poured years of effort, energy, and heart into building something that works. But have you thought about what would happen to your business if you were ready to retire? What if something unexpected took you out of the day-to-day? That’s where succession planning […]

What is the Difference Between Direct Costs and Overhead?

plants gross profit vs overhead

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 […]

Five Steps to Take Control of Your Business Debt

control business debt ladder

Business debt can feel overwhelming. Even if your business income is higher than ever, the thought of looming payments, high interest rates, and upcoming due dates can keep you up at night. Many business owners worry that no matter how hard they work, debt will always be there in the background. The good news is […]

How to Handle Delays in Construction

delays construction clock

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. […]

How to Enter Deposits into QBO – The Right Way!

QBO Deposit plant

If you’re managing your business books in QuickBooks Online (QBO), you’ve probably come across two ways to record income: Entering payments through the “Receive Payment” function Entering a bank deposit directly into your checking account While both might seem like they get you to the same place, using the Undeposited Funds account will help keep […]

How to Properly Dispose of Fixed Assets in Construction

dispose fixed assets construction

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 […]

Five Smart Ways to Attract Skilled Workers to Your Construction Crew

skilled workers construction

Skilled labor is the backbone for every general contractor. Unfortunately, finding the right people (and keeping them) is tougher than ever. Between an aging workforce, fewer young people entering the trades, and heavy competition from other companies, hiring isn’t just about posting a job ad. It’s about creating a work environment that skilled tradespeople want […]

Should I Change My Business Goals?

golf change goals

Every business owner hits a moment when they pause and wonder, “Are my goals still right for where I’m going? Should I change my business goals?” If you’re asking that question, you’re not alone. Just because you’re asking doesn’t mean you’re failing. It’s a sign of business growth.  Business goals aren’t meant to be written […]

How Do I Know if My Books Are a Mess?

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, […]

Prepare for a Successful Workers’ Compensation Audit

lunchbox workers' compensation

A workers’ compensation audit might sound intimidating, but with the right preparation, it can be a straightforward process. If you own a business and aren’t deeply involved in payroll or finance, this guide will help you understand what to expect and how to prepare so you can avoid surprises. What Is Workers’ Compensation Insurance? Workers’ […]