Why Construction Contractors Hate Waiting for Answers  In construction, waiting is expensive. Construction contractors frequently find themselves waiting. Waiting on material.  Waiting on inspections.  Waiting on approvals.  Waiting on payments. The last thing a contractor needs is to be waiting on their accounting team. Useful construction business accounting means being available to contractors so they aren’t left waiting once again.  But waiting (even for accounting info)

A Frustration Many Contractors Share As my dad would have said, “Dagnabit!” There are times when Knowify and QuickBooks Online numbers don’t match. And that is frustrating. Especially when you think that the sync is broken or one system must be wrong. You have a construction company to run, decisions to make, and about a bazillion other things to take care of. So why is the data different in Knowify and QuickBooks?  What’s Actually Going On Sure, sometimes Knowify and QuickBo

Many growing construction contractors fall into the same pattern without realizing it. They wait until the month-end close before having meaningful conversations about job performance. On the surface, this feels reasonable. Month-end WIP is when the numbers are “final,” and final numbers feel safer. But in practice, this approach often delays decisions that should be happening during the month – when there’s still time to course-correct. What’s surprising is that, in many cas

This is the second part of a three-part series examining the business side of the construction business. You can see the first part, How to Learn the Business Side of the Construction Business , by using the link.  Know Your Numbers Understanding the business side of the construction business begins with the vital component of knowing your numbers. It is a core skill for construction company owners. It is: The foundation for making informed decisions  The walls for understand