Yvonne Root
5 Strategies Discerning Construction Subcontractors Use to Prosper – Part 2
This is the second part of a five-part series; if you haven't read the first part yet, you can go here. Discern Your Numbers I asked...
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Yvonne Root
- Apr 19
- 3 min
Is a WIP Report Worth the Effort? Puzzle it Out
Indeed, effort is put into creating Work in Progress (WIP) reports. There is the further effort put into maintaining them. And even more...
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Yvonne Root
- Apr 5
- 3 min
10 Common Mistakes to Avoid When Interacting with Your Construction Accounting Team
Making the most of your relationship with your construction accounting team means that you’ll achieve better results with less hassle...
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Yvonne Root
- Mar 15
- 3 min
Envelope-Style Cash Management
Going With the Flow Cash Management in the construction industry is a make-it-or-break-it piece of financial administration. The flow of...
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Yvonne Root
- Mar 9
- 4 min
An Unusual Look at Change Orders
The Big Picture You get it. You know that change orders are woven into the fabric of construction contracting. Even if they aren’t...
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Yvonne Root
- Feb 15
- 2 min
Construction Company Balance Sheet
Financial Statements According to Investopedia, financial statements are written records that convey the business activities and the...
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Yvonne Root
- Jan 25
- 2 min
Savvy Construction Contractors Use P&Ls
Profit and Loss Statement – Why Bother? The entries on a Profit and Loss (P&L) statement provide insight and knowledge about the...
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Yvonne Root
- Dec 14, 2022
- 3 min
Fresh-Data and Decisions
Sometimes it seems we have data coming out our ears. From marketers to religious leaders, from school officials to medical providers,...
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Yvonne Root
- Nov 16, 2022
- 3 min
An Unusual Look at KPIs
Because you are a construction contractor, there are two fundamental Key Performance Indicators (KPIs) you hear about all the time. They...
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Yvonne Root
- Nov 10, 2022
- 2 min
Let’s Talk nettTracker!
Keeping Track Construction accounting pros, would you like to spend just a few minutes (instead of hours) making adjustments at the end...
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Yvonne Root
- Aug 31, 2022
- 2 min
Financial Flexibility
You don’t have to have the ability of the biblical king Belshazzar to see the handwriting on the wall. Nor do you have to have the...
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Yvonne Root
- Aug 24, 2022
- 2 min
Inflation Information
This is Humorous Why are there so many jokes about inflation these days? Because demand has increased following a period of low interest....
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Yvonne Root
- Aug 3, 2022
- 3 min
Why This Construction-Centric Accounting Blog Exists
This is the story of why, at least once a week, a new post is added to the already existing library of information contained in the...
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Yvonne Root
- Apr 27, 2022
- 2 min
Choose a Business Model
Three Familiar Business Models in Construction While there is a plethora of business models from which to choose, construction...
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Yvonne Root
- Mar 16, 2022
- 3 min
Getting Ready to be Bonded
Now’s the Time Even if your construction company doesn’t yet need to be bonded, it pays to look at what bonding companies require....
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Yvonne Root
- Feb 16, 2022
- 2 min
How Columns Support Your Construction Business
Columns are Historically Functional Just as you must consider the purpose, position, and size of a column in a building, you must...
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Yvonne Root
- Feb 2, 2022
- 3 min
Expense Management Tools
What the heck is an expense management tool? And what difference does it make to a construction contractor – or the contractor’s...
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Yvonne Root
- Nov 11, 2021
- 2 min
Scaling New Heights
Mr. and Mrs. Schulte Go to Texas For five years, the founder of The Profit Constructors, Tonya Schulte, has been among those who attend...
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Yvonne Root
- Oct 28, 2021
- 3 min
There is No Hope in Hope
Hoping Isn’t Enough Similar to tossing a multitude of coins into a wishing well, hope is without foundation if there is nothing backing...
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Yvonne Root
- Sep 9, 2021
- 2 min
Some Good Ol’ IT History
Although some would deny it, Construction Contracting and Information Technology walk hand in hand. What puts this hand-holding couple...
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