Contractor Success Map With Randal Dehart | Contractor Bookkeeping And Accounting Services

Deliver A Dozen Donuts, Pastries, Muffins Or Any Tasty Bakery Product! A lot of contractors are having challenges adapting to the new economy. Trade contractors who rely on the same general contractors they did a few years ago to supply jobs to bid on are finding it more challenging as well. If you are a trade contractor, subcontractor or whatever you call yourself and you want more opportunities to bid jobs this one marketing method works and works big no matter where you are located. Big city small town, it does not matter. Every general contractor gets hundreds if not thousands of sub-contractors, trade contractors, suppliers, bankers, customers and even construction accountants asking for something. So if you want to stand out in the crowds use this tiny bit of construction psychology because it works! We serve contractors across the USA and mentioned this idea to all of them at least once and only a few of them do it. Could be a variety of reasons, too much work to get to now, busy on other projects, w

Hiring A Bookkeeping Service For Your Contracting Company Is Not Like Hiring A Construction Worker Would it be a fair statement to say you know what to ask when hiring a construction worker for your contracting company? If you need a Licensed Journeyman, you know what to ask for and you know what to expect. If you need an apprentice, you know what to look for and what to expect. In most cases, you take over where their parents left off; however, that is a topic for another podcast. The first thing you need to be aware of is not all accounting is the same. Just because someone is skilled in framing spec houses does not mean they can suddenly install expensive wood trim and perform finish carpentry in the home of your most valuable client and the reverse is true as well isn't it? Just because a bookkeeping service provides regular bookkeeping services does not mean they can perform construction accounting services. Regular bookkeeping is similar to production framing in a tract home development. Construction bo

Hiring A Bookkeeping Service For Your Contracting Company Is Not Like Hiring A Construction Worker Would it be a fair statement to say you know what to ask when hiring a construction worker for your contracting company? If you need a Licensed Journeyman, you know what to ask for and you know what to expect. If you need an apprentice, you know what to look for and what to expect. In most cases, you take over where their parents left off; however, that is a topic for another podcast. The first thing you need to be aware of is not all accounting is the same. Just because someone is skilled in framing spec houses does not mean they can suddenly install expensive wood trim and perform finish carpentry in the home of your most valuable client and the reverse is true as well isn't it? Just because a bookkeeping service provides regular bookkeeping services does not mean they can perform construction accounting services. Regular bookkeeping is similar to production framing in a tract home development. Construction bo

Hiring A Bookkeeping Service For Your Contracting Company Is Not Like Hiring A Construction Worker Would it be a fair statement to say you know what to ask when hiring a construction worker for your contracting company? If you need a Licensed Journeyman, you know what to ask for and you know what to expect. If you need an apprentice, you know what to look for and what to expect. In most cases, you take over where their parents left off; however, that is a topic for another podcast. The first thing you need to be aware of is not all accounting is the same. Just because someone is skilled in framing spec houses does not mean they can suddenly install expensive wood trim and perform finish carpentry in the home of your most valuable client and the reverse is true as well isn't it? Just because a bookkeeping service provides regular bookkeeping services does not mean they can perform construction accounting services. Regular bookkeeping is similar to production framing in a tract home development. Construction bo

Hiring A Bookkeeping Service For Your Contracting Company Is Not Like Hiring A Construction Worker Would it be a fair statement to say you know what to ask when hiring a construction worker for your contracting company? If you need a Licensed Journeyman, you know what to ask for and you know what to expect. If you need an apprentice, you know what to look for and what to expect. In most cases, you take over where their parents left off; however, that is a topic for another podcast. The first thing you need to be aware of is not all accounting is the same. Just because someone is skilled in framing spec houses does not mean they can suddenly install expensive wood trim and perform finish carpentry in the home of your most valuable client and the reverse is true as well isn't it? Just because a bookkeeping service provides regular bookkeeping services does not mean they can perform construction accounting services. Regular bookkeeping is similar to production framing in a tract home development. Construction

Hiring A Bookkeeper For Your Contracting Company Is Nothing Like Hiring A Construction Worker Would it be a fair statement to say you know what to ask when hiring a construction worker for your contracting company? If you need a Licensed Journeyman, you know what to ask for and you know what to expect. If you need an apprentice, you know what to look for and what to expect. In most cases, you take over where their parents left off; however, that is a topic for another podcast. The first thing you need to be aware of is not all accounting is the same. Just because someone is skilled in framing spec houses does not mean they can suddenly install expensive wood trim and perform finish carpentry in the home of your most valuable client and the reverse is true as well isn't it? Just because a bookkeeper can perform regular bookkeeping duties does not mean they can perform construction accounting duties. Regular bookkeeping is similar to production framing in a tract home development. Construction bookkeeping is si

Hiring A Bookkeeper For Your Contracting Company Is Nothing Like Hiring A Construction Worker Would it be a fair statement to say you know what to ask when hiring a construction worker for your contracting company? If you need a Licensed Journeyman, you know what to ask for and you know what to expect. If you need an apprentice, you know what to look for and what to expect. In most cases, you take over where their parents left off; however, that is a topic for another podcast. The first thing you need to be aware of is not all accounting is the same. Just because someone is skilled in framing spec houses does not mean they can suddenly install expensive wood trim and perform finish carpentry in the home of your most valuable client and the reverse is true as well isn't it? Just because a bookkeeper can perform regular bookkeeping duties does not mean they can perform construction accounting duties. Regular bookkeeping is similar to production framing in a tract home development. Construction bookkeeping is si

Hiring A Bookkeeper For Your Contracting Company Is Nothing Like Hiring A Construction Worker Would it be a fair statement to say you know what to ask when hiring a construction worker for your contracting company? If you need a Licensed Journeyman, you know what to ask for and you know what to expect. If you need an apprentice, you know what to look for and what to expect. In most cases, you take over where their parents left off; however, that is a topic for another podcast. The first thing you need to be aware of is not all accounting is the same. Just because someone is skilled in framing spec houses does not mean they can suddenly install expensive wood trim and perform finish carpentry in the home of your most valuable client and the reverse is true as well isn't it? Just because a bookkeeper can perform regular bookkeeping duties does not mean they can perform construction accounting duties. Regular bookkeeping is similar to production framing in a tract home development. Construction bookkeeping is si

You Are Not A Bank - Never use your high interest credit cards and supplier accounts to provide financing to your customers in the form of providing a lot of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. McDonalds Restaurants Earns - Massive profits and part of the reason is cash flow. I love their business model; customers order first, pay second and get food last. No invoicing, no waiting for the check to arrive and hoping it will clear the bank. They say just Show Me The Money! You Can Offer Financing - Accept credit cards! Get setup at a bank and/or credit union that will offer to loan your construction client's money for small projects under $25,000. They sign paperwork with the lender; you do the work and get paid. Accepting Credit And Debit - Cards is like having an "Electronic Armored Car" on standby 24 hours a day, seven days a week ready to take your money to your bank automatically. If your QuickBooks is setup properly an invoice can be emailed to

Your Customers And Clients Want To Use Their Credit Cards For Construction Projects Unplanned Emergencies - Are stressful enough now add "how am I going to pay for this" to the mix increases the anxiety! For most people cash in short supply which leaves using a credit card, getting a bank loan or selling something to raise cash as their best options? For Example - Homeowner with leaking roof is going to get it fixed right away because rain water is damaging the interior of their home including some irreplaceable sentimental treasures including items passed down from parents and grandparents. Who Will They Call? - You I hope! If you are their contractor and they like and trust you very likely they will call you. Accepting All Credit Cards - Makes you the hero because they get instant financing and your Electronic Armored Car takes your money to the bank. Not accepting credit cards or worse yet only accepting Visa and MasterCard and not American Express makes people suspicious about the integrity of your cons

Why Are Add On Sales So Profitable? Because You Have Already Incurred Marketing And Mobilization Costs Marketing Costs - Are what is cost your company to acquire and maintain the job. Depending on how you allocate marketing dollars as a percentage of sales or fixed budget will have an impact on your marketing cost per job. Your cost-per-call, closing ratio and other related information is all part of your operations, accounting and contractor bookkeeping reports. Mobilization Costs - Are the costs you incurred to get a crew to the jobsite in terms of travel time and vehicle operating costs and then the labor costs to unload tools, equipment and material and put everything in places for easy access and not in the way of the work to be done. These costs are generally high and fixed. Demobilization Costs - Are the reverse and generally lower because it takes less time to load the truck or van since you know where everything goes and you know the quickest route back to the shop or office. These costs are als

Emerging Contractors Welcome Here Any Construction Company - That is ready to take a long hard look at what has worked, not worked and map out a strategic plan for the future. This includes brand new contractors, seasoned contractors that have been in business since dirt was two days old and everyone in between. It is limited to construction companies with sales last year between $0 and $5,000,000 where the owners are actively involved in the company's operations. The Economy Has Tough On Contractors - During the recession beginning in 2009 and anyone who says otherwise is either not in construction or a dim-bulb trying to sell you non-existent sky-hooks, pipe stretchers, lumber extenders or my favorite a box of 2-9/16" holes for 2" plumbing drain waste and vent pipe. You Have Made An Important Decision - To own and operate a construction company. Most of you came from the skilled construction trades, some of you were working as a manager for a construction company. Some Of You Believe Competition - Is the

Contracting Is An Excellent Career Choice For A Select Few It Is A Calling A professional contractor may wear work boots, tool belt and a hard hat every day and they are on a mission to make our homes and businesses a better place to live, work and play. Who is an Emerging Contractor?    Our formal definition of an Emerging Contractor is "Anyone who is ready to make changes, grow and improve their construction company" Simple, straightforward and to the point.  By improve we mean developing a contracting company that generates annual profits of 10% or more after the owners salary and benefit package. The industry standard for contracting companies profits has been roughly 2% for several decades and most of the reason is contractors start a company without a strategic plan. The purpose of this series of podcasts is to help contractors discover, learn and implement the Contractor Success M.A.P. Learn More at www.fasteasyaccounting.com/contractors-success-map/ If You Are Ready To Expand Your Construction Com

You Started A Contracting Company And Discovered You Need A Contractor's License And Bond And That's When You Realized Owning A Contracting Company Costs Real Money An That Is When It Gets Stressful You are not alone. Every year thousands of people just like you start contracting companies. Some of them are Handyman Services; General Contractors, Home Builders, Commercial Tenant Improvement Contractors, Electricians, Plumbers, HVAC Contractors and hundreds more. Wouldn't it be great to have a resource you could trust and be able to find the answers to some basic questions without costing a ton of money? Well You Found It www.FastEasyAccounting.com Listen in to this podcast which is part 2 and if you missed part 1 it is episode #0021. When you are ready call Sharie 206-361-3950 for your one-hour NO CHARGE consultation. This is one more example of how Fast Easy Accounting is helping construction company owners just like you put more money in the bank to operate and grow your construction company. Construction a

You Started A Contracting Company And Discovered You Need A Contractor's License And Bond And That's When You Realized Owning A Contracting Company Costs Real Money An That Is When It Gets Stressful You are not alone. Every year thousands of people just like you start contracting companies. Some of them are Handyman Services; General Contractors, Home Builders, Commercial Tenant Improvement Contractors, Electricians, Plumbers, HVAC Contractors and hundreds more. Wouldn't it be great to have a resource you could trust and be able to find the answers to some basic questions without costing a ton of money? Well You Found It www.FastEasyAccounting.com Listen in to this podcast which is part 1 and the next podcast #0022 which is part 2 and when you are ready call Sharie 206-361-3950 for your one-hour NO CHARGE consultation. This is one more example of how Fast Easy Accounting is helping construction company owners just like you put more money in the bank to operate and grow your construction company. Construct

Warning! Contractor Six Pack Marketing Can Put You In A Higher Tax Bracket! Because of all the money it can make you if you do it right...which means if you do it at all! Contractor Six Pack Marketing is extremely powerful so be very careful with this one...several years ago in one of our construction companies we would send a crew to do a small two or three day project and they would wind up staying in the area for several months at a time. What a scheduling nightmare! We had to hire more workers, train them using our documented process and send them out to a new project in a new neighborhood and BANG! More often than not they would plant the flag and setup operations and be there for a very long time. Here is how it works: Your crew shows up to a house to do construction project and before things get really busy you go to three houses on each side of the place where you are working (six pack) and introduce yourself to the people living there by handing them a business card and in your own words say some

Are You Suffering Construction Bookkeeping Pain? Do You Suspect Your Contractor Bookkeeper - Is overwhelmed trying to figure out how to do construction accounting and they are costing you more than they are worth in salary, fees and loss profits because you cannot get QuickBooks reports and financial reports when you need them? Would you like to reduce your employee count and related overhead costs? Worse Yet Is Your Contractor Bookkeeping Service - Yanking your chain and training you like an organ grinder trains a monkey?  What Do You Need Today? We Are Committed To Serving Your Contractor Bookkeeping Services Needs with superior services using highly trained professionals and the best construction bookkeepers at very reasonable rates! Not All Outsourced Contractor Bookkeeping Services Are Good - There are some Red Flags to watch for and avoid that could cause your Contractors more pain than you are experiencing now! For more information Click Here Like Ham And Eggs For Breakfast - The hen is involved but th

Some Bookkeeping Firms Are Pushing One And Two Year Bookkeeping Service Contracts And We Believe That Is Wrong! If this is happening to you contact Sharie 206-361-3950 or sharie@fasteasyaccounting.com right away! You will be glad you did! The most common reason I hear is that's the only way to “Lock-In” a customer or client. When I ask, "Why “Lock-Somebody-In” the most common response along the line of “that way we can assign them to our least expensive employee since we bill by the hour we make a lot of money." We are old fashioned and believe contractors bookkeeping services should respect contractors and work hard every day to keep on earning your business by providing more and better services you need.Check us out and you will find we assign a team of Professional Construction Bookkeepers, Accountants and a Virtual C.F.O. all working together to make certain your contractors bookkeeping services are done right and on time. This is one more example of how Fast Easy Accounting is helping construction com

You Don't Need QuickBooks To Outsource Your Construction Bookkeeping To Our U.S. Based Accounting Firm You do not have to buy or operate QuickBooks or QuickBooks for contractors in order to outsource your construction bookkeeping. You can still enjoy our contractors bookkeeping services and have online access to your financial reports. We have the ability to lease QuickBooks through our relationship with an Intuit approved cloud based server to allow 24/7 access to the desktop version of QuickBooks for Contractors so that you will always have the most current version along with automated daily backups and updates. We process and prepare financial data to create accurate, timely and professional reports for contractors to use in decision making and business management. We will take your data and post it to QuickBooks for contractors for you and provide you with 24/7 web access to your financial reports without having to open QuickBooks for contractors. For a demonstration of how it works please visit Cloud

Why Have One Lonely Bookkeeper Struggling To Keep Up With Everything You Need To Operate And Grow Your Contracting CompanyWhen You Can Have A Team Of U.S. Based Professional Construction Accountants, Bookkeepers And A Virtual Construction C.F.O. And Save Time And Money? We have worked for over 20 years to develop a contractor bookkeeping services team for contractors that works on time, every time, faster, easier that cost less than having a lonely bookkeeper toiling away in the salt mine of despair, lost and confused in your construction company.Or worse yet are you putting your marriage at risk by insisting your spouse do the books because you think it is simply pushing a few keys on a computer keyboard and how hard can that be?We Scan Your Receipts And Invoices link them to QuickBooks or Xero Accounting Online transactions where it is appropriate and give you back a CPA-ready packet for your tax return and we provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand const