Figuring out what an employee costs means paying attention to all the price tags accompanying his or her base wage or salary. Those tags...

Understanding What Choosing a CPA Means Yes, you WANT someone who can prepare tax reports for your construction business (and many people...

In our last post concerning Margin vs. Markup , we told you that we would “show you how to convert markup to margin so you can price your...

This vs. That Because you’re in construction, you know the difference between certain things that many others often get confused about....

You probably don’t remember all the times you “got it” as you were growing up. From learning  how to walk to understanding  how to read,...

If you or someone you know has ever had a leg injury that called for the use of crutches to move about, you know how difficult and...

While WIP Report Mistakes can have to do with inaccurate data input, there are numerous higher-level mistakes to avoid. Mistakes that can...

The following information is based strictly on the Percentage of Completion type of WIP Reporting, which we suggest as the best practice...

WIP Reports -- A Powerful Tool in Your Financial Toolkit The question we answered in an article titled Is a WIP Report Worth the Effort?...

The first part of this four-part series laid the foundation concerning cash flow . The second part discussed essential components of cash...

The first part of this four-part series laid the foundation concerning cash flow . The second part discussed essential components of cash...

The first of this four-part series concerning cash flow management for construction contractors lays the foundation for this article and...

Managing cash flow in a trade contractor business isn’t just about numbers—it’s about timing, strategy, and sometimes a bit of patience....

Financial Clarity for Construction Business Owners If you’re watching your dollars drift away, unsure of how they became untethered or...

Organized Accounting in Construction – Cash Flow Have you ever wondered why some construction companies struggle with low cash flow?...

Are your accounting records haphazard or outdated? It’s more than just a hassle—it’s a liability. At The Profit Constructors, we offer a...

Introducing the 90-Day Remodel  service offered by The Profit Constructors.   Bookkeeping Services for Construction – Is Like . . . It’s...

W-9 Comes Before 1099-NEC The first step to dealing with IRS Form 1099-NEC in your construction business is to collect and manage IRS...

1099-NEC Misclassification Examples When IRS form 1099-NEC is misused. . . bad things can happen. Strippers were employees, not...

Always Be Reconciling   Reconciling Accounts in Construction The bottom line, low-down, simple purpose of reconciling construction...