One of the questions we’re often asked by commercial subcontractors is, “How do you do it?” The following is a dive into what it looks like working with an outsourced accounting and advisory firm. (Well, we don’t know if it is true for other firms – but this is what it looks like working with us. 😎) Construction Accounting zoom in on understanding While it is always our goal to provide each of our clients with a clear and up to date financial picture of his or her business,

5 Takeaways from Archery for your construction business My first venture into the world of archery took place while I was still in high school. As I recall, our PE teachers chose a variety of sports and activities to keep those of us who were in our senior year interested. I chose the archery segment thinking it would be a lark, never once thinking it would be something I would be interested in after the 6-week venture. Yet it was. What follows is a light-hearted look at what

3 Reasons You Should NOT Work with Schulte and Schulte Reason 1 – you have it under control You have your accounting under control. Your contract management goes off without a hitch. And, your company systems are top notch. It’s understandable, you run a tight ship. You stay up to date with the latest strategies and available tech support in all accounting functions. Plus, you attend accounting conferences, take systemization classes, and understand all the features of your o

Who our clients are Our clients are construction subcontractors. Yet there is more to the picture. They’re ambitious, smart, determined, enthusiastic, resourceful, industrious go-getters. We understand the position many of our clients are in when they come to us. They’re splitting their time between: returning phone calls developing new products or services going on sales calls hiring or firing employees managing social media doing the bookkeeping answering email checking the

I grew up hearing this phrase, “Let go and let God.” The jist of the phrase is to allow God to handle the things you can’t. It is a simple concept to understand, yet a devilishly difficult discipline to achieve. And, if we have a difficult time allowing God (you know – the guy who can do ANYTHING) to handle things for us, how much harder it is to allow people to take over the things we’re finding difficult to deal with. Yet, if you’re serious about guiding your construction c

This is the second in a 3-part series dealing with efficiency in a construction contracting office. The first installment, having to do with the basics, can be found here. Being efficient is all about systems and processes Finding ways to make your construction office operate more efficiently begins with determining simple, thoughtful solutions for the various systems and processes necessary to get from point A to point Z. You already have systems and processes in place, whet

Efficiency in the construction office Efficiency for the sake of efficiency isn’t enough. As a project-based organization, you often face a struggle with factors such as time, cost, and quality on each individual job site. Therefore, being efficient and effective in the office becomes paramount to supporting all the needs associated with getting the jobs, performing the jobs, and getting paid for the jobs. Let’s start with Return on Investment Yes, there is an ROI factor conn

You know the story. Company’s coming – we need to get this place straightened up! Truth is, when guests are on their way, getting the “stuff” picked up isn’t much of a problem if there are already systems and routines in place. If like-items are stored in appropriate use-ready places, if each family member knows what his assignment is, if the place is simply cluttered as opposed to being in a state of filth, you can probably nail it in less than an hour. But, what if your hom

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