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Margin vs. Markup: Don’t Get Confused
This vs. That Because you’re in construction, you know the difference between certain things that many others often get confused about....

Yvonne Root
7 days ago3 min read


Forecasting – How to Look Ahead for Your Construction Business
Just as a good set of binoculars allowed the leaders of pioneer groups to see what they were moving toward, what was on the horizon, and...

Yvonne Root
Jun 252 min read


Estimates Provide a Foundation for Spending Plans
Don’t let estimates and spending plans get confused. While they work together, they have different roles to play in managing construction...

Yvonne Root
Jun 182 min read


Financial Planning in the Construction Industry
You’ve heard the saying “Not my circus, not my monkeys.” And you know what it means – it’s about a problem that is not your...

Yvonne Root
Jun 113 min read


How Experienced Construction Contractors Control Costs
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,...

Yvonne Root
Jun 43 min read


WIP Reports: Construction Company Success Example
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...

Yvonne Root
May 283 min read


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

Yvonne Root
May 214 min read


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

Yvonne Root
May 144 min read


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

Yvonne Root
May 72 min read


Knowing What to Bid on a Construction Project
So, a construction project has gone out for bid, and you’re interested in getting in on the action, but you’re unsure how to know your...

Yvonne Root
Apr 23 min read


Construction Cash Flow Management – Part 4
The first part of this four-part series laid the foundation concerning cash flow . The second part discussed essential components of cash...

Yvonne Root
Mar 263 min read


Construction Cash Flow Management – Part 3
The first part of this four-part series laid the foundation concerning cash flow . The second part discussed essential components of cash...

Yvonne Root
Mar 192 min read


Construction Cash Flow Management – Part 2
The first of this four-part series concerning cash flow management for construction contractors lays the foundation for this article and...

Yvonne Root
Mar 123 min read


Construction Cash Flow Management – Part 1
Managing cash flow in a trade contractor business isn’t just about numbers—it’s about timing, strategy, and sometimes a bit of patience....

Yvonne Root
Mar 53 min read


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

Yvonne Root
Feb 262 min read


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

Yvonne Root
Feb 192 min read


Contractor Bookkeeping – Avoiding Liability
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...

Yvonne Root
Feb 123 min read


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

Yvonne Root
Feb 52 min read


1099-NEC a Step-by-Step Guide
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...

Yvonne Root
Jan 233 min read


Getting Down and Dirty with Form 1099-NEC
1099-NEC Misclassification Examples When IRS form 1099-NEC is misused. . . bad things can happen. Strippers were employees, not...

Yvonne Root
Jan 152 min read
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