Dec 5, 2014
Developing A Comprehensive Strategy - For your construction, company can be about as much fun as wrestling a pig in the mud because:
If You Are One - Of the few contractors that starts doing it your eyes will be opened to new possibilities and you will catch a glimpse of how and why some contractors become very wealthy and others never get beyond owning a job they cannot leave and nobody wants to buy.
A Few Contractors - And you may be among them will do whatever it takes to rise above owning a job and develop a construction company that will provide for themselves and their families for a lifetime and use it to develop an estate to pass on their heirs. This article is for you!
Large Profitable Construction - Companies have known about and used some form of BPM for hundreds of years. During the past 100+ years colleges and universities have pumped business majors with in depth understanding of how BPM works and the good ones that actually paid attention, did the homework and understood the system have been scooped up and hidden away inside the financial and project management offices of these same large profitable construction firms.
Some Business Majors
- Have attempted to use their knowledge of BPM to help small
construction companies and failed miserably because the
business majors and the construction company owners do not
understand each other's world.
Every Once In A While - Someone with this knowledge breaks out
of the pack and uses the knowledge to become a contractor and
in most cases they are very successful and become very wealthy.
On Very Rare Occasions - One of them who have spent time as a contractor will turn their attention to the art and science of Construction Bookkeeping And Accounting and share it with his fellow contractors. I am that person, The Contractors Accountant Randal DeHart.
BPM Has
Many Names - Phrases and words to
describe it and the simplest one is the one we at Business
Consulting And Accounting came up with: "Use Your M.A.P. To
Find The Treasure.
Marketing Is The Foundation
- Because nothing happens until somebody
buys something. All successful contractors know people
are buying construction products and services by visiting Home
Depot, Lowes, lumber yards, plumbing and electrical supply houses
and seeing construction company trucks and vans on the highway. The
only question they ask themselves is who are those people that are
buying construction services and how can we be at the
right place, at the right time, with the right message
when they begin their search for a contractor.
Accounting Is The Scorecard - In your Construction Company. It tells you what is working and you should do more of to make more money and what is not working which is what you should do less of to make more money.
Construction accounting is the center of your construction business; pay attention to what it says and it can make you wealthy. The value in your bookkeeping is in the accuracy of the reports.
You can hire a Cheap/Bad Bookkeeper and get garbage reports to base business decisions upon or you can outsource your construction bookkeeping and accounting to a professional service with a mentoring program for contractors like you with a systematic approach to construction accounting that allows you to access QuickBooks anywhere you have an internet connection so that you can monitor your Key Performance Indicators which is your daily scorecard.
Production Is Where - The rubber meets the road or if you please this is where all the planning and support structure pays off. There are two main ways to do this part.
I hope this podcast helps you understand that outsourcing your contractors bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking holistic approach to your entire construction company and helping support you as a contractor and as a person.
We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company!
That is all I have for now and if you have listened this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance.
For Construction Company Owners who do not need the full power of QuickBooks for contractors and want 24/7 online access we offer Xero Accounting Online and we have custom setup for construction companies.
I hope this podcast helps you understand that outsourcing your contractors bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking holistic approach to your entire construction company and helping support you as a contractor and as a person.
We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company!
That is all I have for now and if you have listened this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance.
I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast
This is one more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com
Thinking About Outsourcing Your Contractors Bookkeeping Services?
Click On The Link Below:
Need Help Now?
Call Sharie 206-361-3950
In closing, I want to caution you that we may or may not be a good fit for your contracting company. This guide will help you learn what to look for in outsourced construction accounting.
Thank you very much and I hope you understand we really do care
about you and all contractors regardless of whether or not you ever
hire our services.
Bye for now until our next episode here on the Contractors Success
MAP Podcast.
Warm Regards,
Randal DeHart | Contractors Accountant