All Contractors Wrestle With Having Journeymen Vs. Paying Subcontractors

When I say "Journeyman" that means someone who has a minimum of 10,000 hours combined experience in training and practice. In our trade we call bookkeepers who work for retail stores, bookkeepers. Construction bookkeepers are people with at least 10,000 hours training and practice in construction accounting and bookkeeping services.

Construction Company Opportunity Costs

Opportunity costs are something contractors earning over $200,000 a year in take home pay understand and use on a daily basis and since the majority of our readers earn less than $75,000 I felt it would be something useful to share.

Every day Your Get Bombarded with ways to spend your hard earned money. Instead of saying no all the time here is a key strategy you can use to separate the good from the bad.

Contractors With Job Costing Library Have A Competitive Advantage

Every contractor has a Job Costing Library, some keep it in their head, some keep it on paper with names like completed jobs, bids, estimates. Other contractor's keep it in their QuickBooks for contractors software records. Still other contractors rely on places like RS Means for comprehensive databases of construction costs. These are similar to the "Flat Rate Books" used by car repair shops for decades.

A Framing Contractor's Story

To protect his privacy we will refer to him as John, not his real name. After a few years working on a production framing crew for a tract home builder John decided to strike out on his own and start a framing company working for custom home builders because he was sick and tired of the fast paced go-go-go environment of tract home building.

Cost Variables To Help You Choose Construction Software

Many contractors with expensive high-end construction software are re-examining if QuickBooks for Contractors is all they really need and if switching over to it makes sense.

If you own or manage a construction company, contractor bookkeeping is a pain in the backside and your least favorite thing to do next to training a brand new apprentice!

You know you need the Five Key Performance Indicators and Job Costing Reports to operate and grow your construction company just like you need the five key performance indicators on the dashboard of your company vehicle.

Contractors Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One

Contractors, Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One

Contractors Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One