Construction Company Bookkeeping For Contractors All Across The USA Including Alaska And Hawaii | Profit and Growth Strategies For Contractors (2)

Five Effective Ways To Find New Construction Clients

Posted by Sharie DeHart on Fri, Apr 29, 2022

If you want your business to continue growing and thriving, you'll need to find ways to bring in new clients.

Before the internet was commercially available, there were just as many experts advising contractors about the layout and design of yellow page ads and which books to spend money on. I say spend money because that is what it was and is now.

Many of us who owned and operated construction companies spent thousands of dollars on these experts and, based on their recommendations, spent tens of thousands of dollars annually in full-page yellow page ads as close to the first position as possible.

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Topics: Profit and Growth Strategies For Contractors, Construction Marketing, offline marketing for contractors, Contractor Guidance

How To Win Your Clients Back And The Secrets To Getting The Best Projects

Posted by Sharie DeHart on Fri, Mar 11, 2022

Construction company owners - predominantly service-based businesses with monthly or yearly client subscriptions, likely deal with some level of customer churn, especially given the COVID-19 pandemic. Even customers who love your business and services may have lapsed for various reasons.

Whatever their reasons for leaving, it's still a great idea to win them back. Why? This is mainly because winning back a lost client still has a higher success rate than converting a prospect into a customer. After all, they've already hired your service once, so you don't have to convince them of the need. And you don't need to build brand awareness; they already know you exist.

Even if you can't win everyone back, those yo u can bring back to your business will affect your bottom line–and will do so at less expensive overall.

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Topics: QuickBooks For Contractors Financial Reports, Profit and Growth Strategies For Contractors, Contractor Guidance, contractor delegation

Seven Deadly Construction Accounting Mistakes Kill Profit And Growth

Posted by Randal DeHart on Fri, Apr 27, 2018

"Early To Bed, Early To Rise, Know Your Numbers And Advertise"

Unfortunately, with everything contractors like you need to do every day including weekend and holidays it’s too easy to let crisp, timely Financial Reports go unread and in some cases, you may not fully understand what they are telling you when you do read them.

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Topics: Profit and Growth Strategies For Contractors

Construction Company Field Vs Office Profit Growth Strategy

Posted by Randal DeHart on Fri, Mar 02, 2018

Field Vs. Office Battle

Where did the insurrection between office and field start? Do you wonder why some Construction Contractors have ongoing rebellions between the two subgroups and other Contractors don't? Better yet what can you as a Contractor do about it and why should you care?

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Topics: Construction workers costs, Profit and Growth Strategies For Contractors, construction company strategy

Contractor Vs. Tax Accountant View Of Financials

Posted by Sharie DeHart on Fri, Mar 10, 2017

Contractors View Of The Numbers And Tax Accountants View Are Totally Different
When Tax Accountants Review The Financial Statements The Year Has Ended

The Tax Accountant’s Role Is To Review The Previous Year Financial History based on the information provided create and file the Annual Federal Tax Return, Annual State Tax Return, and other Local or Payroll Returns. Washington State is a sales tax driven state. Other states have a State Income Tax, and others yet have a blend of both.

The Contractors Role Is To Review What Is Happening Now and make Strategic Decisions about what to know in order to have a brighter financial future. The best way to do that is to have QuickBooks Setup to deliver your 5 Key Performance Indicators (KPI) in 5 minutes a day at 5 pm or whatever time is best for you. We call them the 5 At 5 For 5, and we can set them up in your QuickBooks for you! Click here to learn more.

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Topics: Profit and Growth Strategies For Contractors, Annual Tax Return, construction company strategy

Construction Strategy Increases Profitability Not Field Operations

Posted by Randal DeHart on Sat, Jul 21, 2012

Strategic Construction QuickBooks Reports Optimize Profit And Growth

Strategy Comes From The Office - QuickBooks Reports and The 80-20 Rule For Construction is one of the tools you use to develop strategy for which markets and customers to focus your time on. The foundation of useful QuickBooks reports comes from having QuickBooks Setup and Professional Bookkeeping.

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Topics: Profit and Growth Strategies For Contractors