Mastering Contractor Bookkeeping: The Cornerstone of a Successful Construction Business

Running a construction business is like navigating a ship through stormy waters. The captain, in this case, is you the business owner, steering the company towards success. But what happens when the captain sails blindfolded? Chaos ensues. This chaos is often the result of neglecting one crucial aspect of the business: bookkeeping. Let’s dive into why bookkeeping is essential and how it can be the game-changer for general contractors, remodelers, and home builder companies. Why Bookkeeping Matters Embracing Automation Bookkeeping doesn’t have to be a daunting and tedious task that consumes your time. In today’s digital age, automation is your…

The Holy Grail of Construction Financial and Business Management: Job Costing and Time Tracking

Attention, esteemed general contractors, remodelers, and home builders! If you’ve ever found yourself bewildered by fluctuating project costs, inconsistent revenues, or just the sheer chaos of managing your construction business, you’re not alone. Today, we delve into the cornerstone of effective construction financial and business management: Job costing and time tracking. Let’s unlock the secrets to building a profitable, systematized business that doesn’t consume all your time, and can be sold for millions. Why Job Costing Matters Job costing is often perceived as a daunting task, but its importance cannot be overstated. Without proper job costing, you are essentially flying…