#scaling

Yvonne Root

Feb 7, 2018
2 min

Developing Accounting Systems That Work

You need an accounting system for your construction contracting or service business because you need data. There are three basic reasons you need data. Because the federal as well as state and local governmental entities require it. And, let’s face it, running your construction contracting business from a prison cell would be much harder than any issues you’re currently facing. Because banks or lending institutions, as well as bonding businesses require it. Loan officers have

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5 Simple Ways a Tradesman Makes the Mental Change to Become a Scaling Business Owner

Yvonne Root

Aug 22, 2017
2 min

5 Simple Ways a Tradesman Makes the Mental Change to Become a Scaling Business Owner

Before we get to the 5 simple ways to work through the mental change let’s look at an example of how mental changes or growth require process. Teaching your kids kindness A friend of mine once commented she would like to be able to add “kindness” to a list of traits she could teach her young children. She would like to be able to jot “Teach Kindness” on the list, teach the kindness trait, then check it off. If you have young children, or if you’ve simply been exposed to the d

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Owning then Scaling a Construction Contracting or Service Business

Yvonne Root

Aug 8, 2017
2 min

Owning then Scaling a Construction Contracting or Service Business

In the beginning you had to: Figure out the legal, financial, and operational aspects of your business Understand how to communicate and negotiate Learn how to promote your business, yourself, and your products or services Comprehend how to keep the accounts, stay organized, and run the office Grasp the responsibilities of entrepreneurship Now, you’re ready to scale Not simply running with the big dogs – being a big dog. You’ve mastered so much already and the time has come t

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Part 2 – 10 Qualities Needed for Scaling Your Construction Contracting or Service Business

Yvonne Root

Jul 25, 2017
3 min

Part 2 – 10 Qualities Needed for Scaling Your Construction Contracting or Service Business

If you missed part 1 with the first 5 qualities needed for scaling your construction contracting or service business you can find it here. 6. You will need to focus on helping others – on every side of the coin Customers and potential customers Think: What do they need? Perhaps information concerning what to expect when they hire you to perform a service for them. How can you give it to them? Flyers, brochures, website, social networking sites. Yet, always be on the lookout f

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10 Qualities Needed for Scaling Your Construction Contracting or Service Business

Yvonne Root

Jul 18, 2017
6 min

10 Qualities Needed for Scaling Your Construction Contracting or Service Business

10 Qualities Needed for Scaling Your Construction Contracting or Service Business part 1 Being an entrepreneur in the construction field comes with a few challenges other entrepreneurs don’t face. There are a lot of ideas concerning what it takes to be an entrepreneur. For example, you’ll hear things like: You need to be motivated by challenges You’ll have to be tenacious You’ll need the support of your family and friends You will be one who loves new ideas You must see and f

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Build standardized processes – Prepare now for the future

Yvonne Root

Jul 5, 2017
3 min

Build standardized processes – Prepare now for the future

This is the fifth in a five-part series concerning Steps to Scaling Your Construction Contracting Business. You can see the introduction to the series (with links to each article) by clicking here. In his article for Forbes magazine, Eric T. Wagner, shares some insight gleaned from Kelsey Ramsden who is the president of Belvedere Place Contracting Ltd. In 2012 and in 2013 Kelsey Ramsden, was awarded Canada’s #1 Top Woman Entrepreneur by Profit Magazine – a very prestigious a

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Build a foundation for financing options – Think expansion

Yvonne Root

Jun 20, 2017
2 min

Build a foundation for financing options – Think expansion

This is part three in a five-part series concerning Steps to Scaling Your Construction Contracting Business. You can see the introduction to the series by clicking here. Because you aren’t likely to be a trust fund baby, chances are great you’ll need to find a financing option to grow, expand, or scale your construction contracting business sooner or later. And, if you need an infusion of cash “like yesterday” there are alternatives for finding folks who will help finance you

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Build Collaborations – Find and establish key relationships and networks

Yvonne Root

May 30, 2017
2 min

Build Collaborations – Find and establish key relationships and networks

This is part one in a five-part series concerning Steps to Scaling Your Construction Contracting Business. You can see the introduction to the series by clicking here. No matter where your particular sandbox is located there are times when you need to cooperate with others in order to get your sand castle built. Finding ways to establish connections that make sense boils down to the old report card standard, “Plays well with others.” I can’t recall how many times my dad (who

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5 (not so easy) Steps to Scaling Your Construction Contracting Business

Yvonne Root

May 24, 2017
3 min

5 (not so easy) Steps to Scaling Your Construction Contracting Business

This is the introduction to a 5-part series of articles presenting a primer concerning the basic steps you’ll want to take to scale your construction contracting business. I hope you noticed, I’m not trying to snow you by saying scaling your construction contracting business will be easy. It will take effort, planning, and perseverance. It will take more than a desire to grow. It will take time. It will be hard. Yet, if you’re up to the task – it will be worth it. Over the ne

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CoConstruct: Custom Build and Remodel Software

Yvonne Root

Apr 27, 2017
2 min

CoConstruct: Custom Build and Remodel Software

In this monthly post, it’s my pleasure to introduce you to one of the many apps that we at Schulte and Schulte endorse and recommend to our customers. As a firm of construction accounting specialists, we love to help companies in the construction industry with their books and finances, part of that help is finding different apps or software that can help our clients out. During this monthly feature, we take a look at several apps that we love at Schulte and Schulte, and dig a

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Job Close Out – Map a superior customer journey

Yvonne Root

Apr 3, 2017
3 min

Job Close Out – Map a superior customer journey

This is the second in a three-part series about using a Job Close Out system to enhance your construction contracting business. If you missed the first part, you can go here. You’ll find the third part here. Start at the finish line Rather than getting close to the end of your project and finding you have an Easter egg hunt for what’s incomplete or unacceptable (including the dreaded punch list) working from the beginning of the project through the completion with Job Close O

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Yvonne Root

Mar 28, 2017
2 min

Job Close Out – Why it is important

What difference does it make? Whether your job lasts a few hours, a few months, or a few years there is still always a Job Close Out to deal with before the final payout arrives. It doesn’t matter if you’re trying to please a general contractor, a home owner, or a building inspector there is still the bottom line – is everything done, finished, complete? I’m not talking about a punch list, although a punch list will sometimes be a part of the process. I’m talking about the mo

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Scale Your Construction Contracting Business

Yvonne Root

Mar 16, 2017
3 min

Scale Your Construction Contracting Business

Escalating your business to the next level So, you’re ready to scale your construction contracting business. It is time to move to a new level. You have plans, thoughts, and ideas about moving into the big league. Read on, because there is a brief primer ahead to help you begin to work through that process. But, before we go any further, I’m going to tell you the same thing my dad had to remind me of on more than one occasion. If it was easy, everybody would do it Scaling isn

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Going Paperless in Your Construction Contracting Office: Are You Kidding Me?

Yvonne Root

Feb 16, 2017
3 min

Going Paperless in Your Construction Contracting Office: Are You Kidding Me?

Before going further, I better get this thought out there. Instead of calling it the paperless office, let’s call it the less paper office. There are myriad reasons why paper is probably not going away soon. The realities of paper in the construction contracting industry force even the most tech-savvy owners to contend with external forces such as customer needs and regulatory or legal requirements. Yet, there are ways to eliminate much of it and simple ways to deal with what

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Before You Give the Paper To-Do List a Pink Slip Consider This

Yvonne Root

Feb 14, 2017
6 min

Before You Give the Paper To-Do List a Pink Slip Consider This

Yes, you know high on our priority list at Schulte and Schulte is helping our construction contractor clients ditch the paper. Yet, here I am saying, “No! Get some paper and a pen. We’ve got work to do.” Sometimes scaling your contracting firm is aided by something as simple as a pen and a piece of paper. The truth is, there are a number of reasons for putting pen to paper when it comes to the short list of action items you need to be reminded of each day. I’ll mention the fo

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