When you start a small business, it's usually only you behind the whole operation. You wear many hats, from CEO to clean-up crew. As you pour your heart and soul into your business and it begins to grow, the amount of work involved grows.
Because a small business focuses on survival, you pay much attention to the bottom line. This makes much sense, but it also leads to being seriously overworked.
These days, contractors are under increased pressure to cut their prices to get enough work. And that means they need to reduce costs. New technologies and approaches in cloud computing for construction accounting give forward-thinking contractors a fantastic ability to get more for less -but in most cases, contractors' heads are still stuck in 1990, thinking they have to do everything themselves.
Five Signs You Need To Start Outsourcing Your Administrative Tasks
Posted by Sharie DeHart on Fri, Oct 21, 2022
Topics: Strategic Outsourced Bookkeeping Services, Construction Company, Outsourced labor, outsource bookkeeping, Outsourced bookkeeping, outsourced construction accounting and bookkeeping, Do What You Do Best And Outsource The Rest
Common Bookkeeping Pitfalls And The Value Of Outsourced Accounting
Posted by Sharie DeHart on Fri, Dec 20, 2019
1. Mixing business and personal
All too often, contractors adapt a "buy now, sort later" approach to expenses, using the same credit card for personal and professional purchases. At the end of the month, they're left poring over statements, trying to sort things out. Mixing business and personal expenses cost extra hours of bookkeeping each month and muddles your overall financial picture.
Avoid this pitfall by using a separate credit card and bank account for business, and being disciplined about separating expenditures.
Topics: Outsourced bookkeeping, outsourced construction accounting and bookkeeping, Accounting, Contractor, Contractor Tips, Contractor Operating Tips, Construction Systems And Processes
Are You A Contractor Who Babysits Your Bookkeeping Department?
Posted by Randal DeHart on Fri, Apr 17, 2015
Does Your Construction Company Bookkeeper Make
You Feel Like You Have An Adult Day Care Center?
Is efficient bookkeeping difficult to achieve? Is your construction company underutilizing software? Do you have lack of confidence in your QuickBooks financial and Job Costing Reports?
Are you babysitting your bookkeeper who is supposed to be saving you time and money, not causing you to multitask instead of focusing on things that make you money?
Are you a $100 an hour producer being slowed down by a $15 hour bookkeeper who has to be told what to do over, and over and over?
Read MoreTopics: Contractors Bookkeeping, Contractors Bookkeeping Services, Outsourced bookkeeping, QuickBooks Setup
Outsourced Contractor Bookkeeping Services Helps Small Contractors
Posted by Randal DeHart on Fri, May 03, 2013
Topics: Outsourced bookkeeping, Outsourced Contractor Bookkeeping Services, Outsourced Accounting
It Depends - Are You Proactive or Reactive?
- Proactive Business Owners use management reports for strategic planning to optimize profit and growth
- Reactive Business Owners wait until the taxes are filed to find out what happened and never plan ahead
- Proactive Business Owners understand the value of construction bookkeeping and accounting
- Reactive Business Owners know they can always find a cheap bookkeeper and think they are saving money.
Topics: Construction Bookkeeping, Outsourced bookkeeping, Accounting
Topics: Professional Bookkeepers, Bookkeeping Services, QuickBooks For Contractors, Strategic Planning, QuickBooks, QuickBooks Backup, Outsourced bookkeeping, Desktop QuickBooks Online, contractors bookkeeping and accounting seattle