Tag Archives: construction accounting

Work in Progress Report – Success Depends on It

As a Trusted Advisor and Consultant to the construction industry I am privileged to work with some of the finest folks I have ever known. I meet Men and Women that are building great companies and as they grow, the demands of their time and energies are spread thinner and thinner. Things slip through the […]

Read More

Survival or Success in The Construction Industry – The Choice is Yours

We have been, and are still, in one of the most challenging business environments any of us will ever experience as contractors, subcontractors or service providers. But the most fascinating fact is that many businesses are busier and more profitable than ever. What’s Up With That?? The answers might be simpler than you think. While […]

Read More

Understanding Labor Burden and It’s Effect on The Bottom Line

One fact always amazes me when I work with companies on improving profitability. It doesn’t matter if they are a small builder or sub with three employees or contractors doing fifty-million dollars or more in revenues – MOST do not have a clear understanding of what constitutes Labor Burden, how to calculate it, and what […]

Read More

Applying Historical Principles to Grow Your Construction Company

In these tough economic times, we see construction companies surviving and growing and those failing or just fading away. Interestingly enough, the Bible reveals some time-tested principles that we should all heed and apply in our daily lives. As a Trusted Advisor to the industry, I have observed one interesting phenomenon regarding companies that fail.  […]

Read More