Just as the owners of construction businesses must, on occasion, step back and answer the question of why they bother, we, too, must...

Why do some people (both construction clients and contractors) assume that calculating costs + contingencies + overhead + profit is...

When we learned that today is International Jugglers Day, we knew it was time to introduce you to our Operations Coordinator, Jennifer...

I watched the reaction in his eyes and face when I told my friend that one of the criteria our team uses when determining whether we will...

Auditing a Few More Things In the first part of this 4-part series concerning auditing expenses in your construction business, I...

Auditing Employee Expenses In the first part of this 4-part series concerning auditing expenses in your construction business, I...

It’s time to shine the spotlight on a team member at The Profit Constructors! Who Leslie Is Leslie King, our Quality Assurance Manager,...

The Federal Department of Labor just passed new stricter rules about worker classification. Here’s what that means for construction...

Whoa! Really? Yeah, really! What do you REALLY need to know about your Chart of Accounts? After all, you’re a construction contractor....

If you’re not in the accounting field, you may not understand why the accounting professional can boldly hold up his or her hand and...

Here at The Profit Constructors, we work with many construction business owners who are interested in leaving a legacy that will endure...

Checks and Balances can be defined as a set of procedures implemented to prevent potential errors and inappropriate behavior. The Feds Do...

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...

Indeed, effort is put into creating Work in Progress (WIP) reports. There is the further effort put into maintaining them. And even more...

Making the most of your relationship with your construction accounting team means that you’ll achieve better results with less hassle...

Going With the Flow Cash Management in the construction industry is a make-it-or-break-it piece of financial administration. The flow of...

The Big Picture You get it. You know that change orders are woven into the fabric of construction contracting. Even if they aren’t...

Financial Statements According to Investopedia, financial statements are written records that convey the business activities and the...

Profit and Loss Statement – Why Bother? The entries on a Profit and Loss (P&L) statement provide insight and knowledge about the...

Sometimes it seems we have data coming out our ears. From marketers to religious leaders, from school officials to medical providers,...