Oct 23, 2015
This Podcast Is Episode Number 0135 And It Will Be About About Contractors Who Hate Bookkeeping
Would You Rather Walk Barefoot Across Hot Coals Than Do Paperwork?
If this describes you just know you are not alone. Most contractors would rather do anything including work in the rain, sleet, hail or windstorm than do the bookkeeping.
You started your construction or contracting company, house building firm, handyman business or your specialty contracting company to build, remodel, repair homes, commercial spaces and other structures not be a desk jockey!
Did someone say you need to do all the bookkeeping in order to be a successful contractor? If so ask yourself are they a successful contractor? Chances are they're not!
Successful contractors outsource their bookkeeping to a construction accounting service and spend their valuable time reading and understanding what the Financial and Job Costing Reports are telling them so they can make informed decisions.
Bohunk Bob (Not His Real Name) Is A Typical Contractor Who Is Sick And Tired Of:
- Working long hours in all kinds of weather in wet clothes, using broken tools and worn out equipment.
- Dealing with hard-nosed, cheap, ungrateful customers who want more, pay less and pay late, if at all.
- Putting up with whining, sniveling, lazy employees who arrive late and leave early to make up for it.
- Suppliers and vendors who move slower than molasses in the dead of winter, at night, on a frozen lake in a blizzard.
- Feeling like he is running on an endless treadmill and getting nowhere fast.
- In trouble with the Internal Revenue Service, Employment Security or Sales Tax agency.
- Trying to convince the bank to loan him money to take some of the financial pressure off or expand his business.
- And a thousand and one other problems and pressures that are driving him crazy.
- The Common Thread Weaved Into The Fabric Of His Nightmare Is Paperwork And Bookkeeping.
Some of the best contractors, home builders, residential remodelors, specialty contractors and handymen are the worst at taming paperwork. They may as well be herding balloons on a windy day!
The answer is simple:
- Working long hours is a sign your doing everything yourself instead of doing what you do best and outsource the rest.
- Dealing with rotten customers means not understanding the difference between Customers And Clients.
- Whining, sniveling, lazy employees means not understanding the answers found in construction psychology.
- Suppliers and vendors who move slow means not understanding the value of using single source suppliers.
- Feeling like he is running on an endless treadmill and getting nowhere fast means not understanding leveling works.
- In trouble taxes is more often than not you don't have an advocate to help navigate the payroll and sales tax returns.
- Trying to convince the bank to loan him money means not having a Board of Advisers.
- And a thousand and one other problems and pressures that are driving him crazy.
IF YOU KNOW THE ANSWERS THE QUESTIONS WILL NOT BOTHER YOU - Randalism
When you're driving you don't need to know how the truck was put
together; you just need Five Key Performance Indicators:
1. Speedometer
2. Tachometer
3. Fuel Supply
4. Oil Pressure
5. Water Temperature
For your contracting company you don't
need to know construction accounting you need Five Key Performance
Indicators:
1. Cash On Hand
2. Cash To Come In
3. Cash To Go Out
4. Profit & Loss
5. Balance Sheet
You are all about getting things done, not running on an endless treadmill of mundane; mind numbing, paper heading and pencil pushing geek work. If someone told you that in order to own and operate a successful construction and contracting company you had do all of the paper work they were wrong.
Your Contractors Bookkeeping Has To Get Done But You Don't Have To Do It!
I trust 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 Remove Contractor's Unique Paperwork Frustrations
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.
You Deserve To Be Wealthy, Because You Bring Value To Other People's Lives!
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