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10,000 Hours Practice To Master Strategic Construction Bookkeeping

Posted by Randal DeHart on Mon, Jun 11, 2012

According To Malcolm Gladwell - Author of the book "Outlier". The Beatles played nearly 10,000 hours together in Germany before the emerged as "The Beatles", Tiger Woods invested 10,000 hours on the golf course before he turned 21, Bill Gates as a kid put in 10,000 on his PC.

Strategic Construction Bookkeeping - Is as different from standard bookkeeping as someone who maintains a fancy dog house is from a professional remodel contractor!

Professional Remodel Contractors - Have told me in no uncertain terms how they feel about unlicensed and super cheap contractors who underbid them for construction projects. In some cases they will try to warn customers about how "The Sweetness of Low Price Soon Fades While The bitterness of Poor Quality Lingers On".

Sometimes The Customer - Will call you back to fix all the screw-ups and bad construction. In the end the customer ends up paying more money spending more time than if they had it done right in the first place.

We See The Same Problem - When some construction company owners shop for bookkeeping services thinking all accountants and bookkeepers are the same.

Strategic Construction Bookkeeping Services

What You Can Expect From Our Strategic Bookkeeping Service:

We Are Less Expensive - In the long run than a Cheap Bookkeeper because in order to provide strategic bookkeeping services means we have to recruit hire and train Professional Bookkeepers who have the following traits:

  • Minimum 10,000 hours or more of bookkeeping training and/or practice

  • The understanding that bookkeeping is 90% repetitive transactions and 10% are complex transactions

  • They know what to do with complex transactions and if they need help they ask someone in the office to help

  • Arrives on time and leaves on time

  • Greets your customers and clients with a smile

  • Understands their job description is serve your customers

  • Cares about you as a person

  • Cares about your company

  • Cares about your staff

  • Cares about your suppliers

  • Cheerful, thinking, responsible adult

  • Focuses on their job while at work

  • Leaves home issues at home and work issues at work

  • Continually learns new skill sets because they take pride in their work

  • Embraces processes and procedures that allow everyone to succeed

  • Produce reliable and good reports

  • Take a lunch break away from the office to recharge their minds and bodies

  • Take reasonable breaks during the day to clear their mind

  • Team players working to maintain the integrity of your QuickBooks

Professional Bookkeepers Demand:

  • A living wage with benefits

  • Air Conditioning in the summer and heat in the winter

  • Company paid training to continually update their skill sets

  • Do not expect them to ANSWER THE PHONE

  • Good lighting in their office and the building in general

  • Kitchenette with free beverages, snacks, frozen foods and a microwave

  • Library of online knowledge base available only to qualified Bookkeepers

  • Lots of room to spread out paper and assorted files

  • Private office with a door so they can work in quiet and think

  • We provide them with 24-7 technical English speaking U.S. based phone support

  • The latest in computer hardware and software with lots of power

  • Two large flat screen dual monitors with DVI inputs and high resolution

  • We understand and implement as much as possible the following:

    • Deming’s 14 points

    • Covey’s 7 Habits

    • Good To Great

Our Professional Bookkeepers - Are worth it because each one can do the same amount of work as five or more standard bookkeepers and do it with greater accuracy because they have the proper equipment, training and support for strategic construction bookkeeping.

Just Like You Warn - Homeowners about the hidden cost of cheap low priced construction companies we try to warn construction business owners about the true cost of Cheap Bookkeepers. Too often some contractors will think they can hire a Cheap Bookkeeper to save money in all too often the results are catastrophic!

In The End - Bad Bookkeepers will leave you with unfiled and unpaid taxes, gasping, upset, with tear stained checks, wide-eyed, stupid, mouth open, standing in the middle of the highway of business success staring at the remains of your business, crashed, rolled over, upside down, in the ditch, on fire, with flames belching from all sides with no hope in sight.

I Have Seen Bad Bookkeepers - Ruin far too many businesses, especially construction businesses. In most cases it was Bookkeeping Incompetence, in some cases Bookkeeper Embezzlement and in other cases it appears to have been deliberate. All I know for sure is that I have witnessed business failures that have led to divorce, families destroyed, finances wiped out and people living on the streets. In a few extreme cases I know of contractors that have taken their own lives because they were so stressed out and had lost hope.

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Outsource Your Bookkeeping Now!

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. Click Here For More.

This Is One More Example of how Fast Easy Accounting is helping construction company owners just like you 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 people like you and me so stop missing out! Call Sharie 206-361-3950 or sharie@fasteasyaccounting.com and schedule your no charge one-hour consultation

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Profitable Contractors and Construction Company owners have known about the value of outsourced bookkeeping services and contractor coaching services like ours for a long time and now you know about it too! 

We Scan Your Receipts And Invoices link the appropriate transactions to QuickBooks or Xero Accounting Online depending on the construction accounting service you are using and provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.

Thinking About Outsourcing Your Contractors Bookkeeping Services To Save Time And Money?

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Need Help Now?

Call Sharie 206-361-3950

sharie@fasteasyaccounting.com

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About The Author:

Randal DeHart, PMP, QPA The Construction Accountant Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.

Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Check out our Contractor Success Map Podcast on iTunes and Follow Randal on Google+

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