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 […]
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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) […]
In construction, understanding and improving your profitability is crucial. One key way to gauge your financial health is by examining your gross profit margin, which reflects how efficiently your core operations are performing. Here are four practical strategies to help you increase your gross profit margin and set your construction business up for success. Work […]
Besides having proof in the event of an audit, how does tracking expense receipts benefit you? At Beyond, our Expense Management Services not only simplify how you save your receipts but also help you use that information to make smarter business decisions. Let’s discuss how this service can enhance your company’s business strategy. Upload The […]
Your business is growing, but you can’t isolate where the growth is coming from. Your financial reports don’t seem to have the answers you need. If that is the case, you may benefit from tracking different divisions of your business. How do you get started? Here are some helpful suggestions. Decide what you want to […]
You have been doing the reconciliations in your accounting software but do not know if they are accurate. You do them because you have always heard that doing the bank reconciliations for your business accounts is important. What is the purpose of reconciling your accounts? What should you look at when you are reconciling? How […]
Financial reports are essential for understanding your business’ financial health. However, verifying their accuracy is critical to make informed decisions. Accurate reports at year end are incredibly useful to your tax accountant as well. Your financials can help them build a basis for an effective tax strategy throughout the year. In this article, we will […]
You have decided it’s time to switch your payroll provider. After accessing your payroll needs and researching your options, you have settled on a solution. It should be smooth sailing from here on out – right? Not so fast. Switching payroll service providers can be a big move for your business. Whether you’re doing it […]
Business is going well, and you have some substantial cash in your bank account. How do you keep it safe? In this article, we discuss some practical steps business owners can take to keep their money protected. Open a savings account This first step seems almost too simple, but it is important. You may be […]
You just received your business tax return. You are distressed because you owe taxes. Every year tax time is stressful because you are scrambling to come up with the money for the taxes owed. You promised yourself this would not happen again, but you do not know how to change things. Let’s discuss the positive […]