When you run your own business, it's tempting to take on every responsibility. There are many reasons for doing so: you want something done a specific way because you don't have the time to explain how to do it or because you're not sure someone else can handle the task. 

 

Delegating saves you valuable time and energy. Sharing duties with your team also fosters a sense of responsibility, engages them, and helps them develop their skills. 

 

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Topics: Outsource, Do What You Do Best And Outsoure The Rest, Winning Teams, Contractor Guidance, contractor delegation

As your construction business grows, it's essential to have trusted financial professionals managing your books and providing strategic financial advice. 

 

After all, the busier you get, the more complex financial management becomes - and the less time you'll have to maintain your books and try to make sense of all the data. 

 

However, many construction business owners are not sure of the differences between a construction bookkeeper, a construction accountant, a financial planner, and a Certified Public Accountant (CPA) - or whether hiring one or all of them makes the most sense.

 

Keep in mind that each branch of accounting serves a different function similar to how it works in construction. There are framers, rough carpenters, and finish carpenters, and all three work with lumber, yet in most cases, the skill sets to do everything are rarely found in the same person.

 

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Topics: QuickBooks Contractors Financial Reports, Construction Bookkeeping And Accounting, Winning Teams, Contractor Guidance

Specialists Combine Synergy To Guide Construction Companies

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Topics: CPA, Bankers, Advisors, Winning Teams