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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Are your accounting records haphazard or outdated?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
 
 


1099-NEC What it Is and What it Ain’t
Let’s start here. There is   no such thing as a 1099 employee . People who work for your construction business are either employees or...

Yvonne Root
Jan 83 min read
 
 


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

Yvonne Root
Dec 18, 20242 min read
 
 


Cash Flow – What You Must Know
Understanding your construction company’s cash flow is crucial to making sound business decisions. For example, when you know your...

Yvonne Root
Dec 4, 20242 min read
 
 


Spooky Data Leads to Haunting Errors
Have you ever ordered too many or too few supplies for a project or over or underbid a job? Have you ever failed to account for...

Yvonne Root
Oct 30, 20244 min read
 
 


Two Sides of the Accounting Coin for Construction Contractors
There are two sides to the accounting coin used by profitable construction contractors: Past and Future. Accounting for the Past...

Yvonne Root
Aug 1, 20243 min read
 
 


Guide to a Sleek Construction Business
So, what is a sleek construction business? It is refined, polished, streamlined, smooth, visually appealing, functional, sustainable, and...

Yvonne Root
Jul 17, 20243 min read
 
 


Numbers – the Most Useful Tool in Your Toolbox
What’s the most useful tool in your toolbox? No, it’s not a measuring tape, although measuring tapes are useful. What’s more useful is...

Yvonne Root
Jun 26, 20243 min read
 
 


Profits Come in Many Ways
Although it is only three words long, the name of our construction-centric accounting firm, The Profit Constructors, says a lot. We make...

Yvonne Root
Jun 20, 20243 min read
 
 


How to Tell These Twins Apart – COGS or OPEX
The summer between my freshman and sophomore years in high school, I was given one of my most fun babysitting jobs. A professor at the...

Yvonne Root
Jun 12, 20242 min read
 
 


Powerful Financial Management
Budgeting, monitoring expenses, and protecting cash are three powerful functions that allow you to manage your construction business’s...

Yvonne Root
Jun 5, 20243 min read
 
 


Why We Do Construction-Centric Accounting and Advisory
Just as the owners of construction businesses must, on occasion, step back and answer the question of why they bother, we, too, must...

Yvonne Root
May 15, 20243 min read
 
 


Meet the Advocate Evangelist at The Profit Constructors
When the team at The Profit Constructors drilled down to what our firm provides for our clients – seeking to encapsulate it in one word –...

Yvonne Root
Mar 20, 20243 min read
 
 


Risk Mitigation is in the Details
You understand that construction risks are potential events or factors that can and sometimes do negatively impact a construction...

Yvonne Root
Mar 13, 20244 min read
 
 


A Guide to Auditing Expenses – Part 4
Auditing a Few More Things In the first part of this 4-part series concerning auditing expenses in your construction business, I...

Yvonne Root
Feb 28, 20243 min read
 
 
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