Contractor Success Map With Randal Dehart | Contractor Bookkeeping And Accounting Services
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 165:09:41
- Mais informações
Informações:
Sinopse
Back office support can make or break your contracting company and that is where we come in. We can move your contractor bookkeeping service off the roller coaster of pain onto the merry go round of peace of mind.Most of our clients come to us because they need help in one or more of these six areas:1. QuickBooks setup for construction was wrong 2. QuickBooks clean up to make the check register match the bank statement3. QuickBooks Receivables and Payables are not accurate.4. Job Costing Reports did not make sense5. Invoicing customers and getting paid6. Getting caught up on back tax returnsOnce we have your contractors bookkeeping issues under control you will be able to focus your time and energy on understanding financial and job costing reports and making money.Listening to The Contractors Success M.A.P. can help you overcome the challenges of Marketing, Accounting and Production by focusing on the keys to unlock your contracting companys natural inclination to generate consistently high cash flow and profits. Because your contracting company wants to generate passive income streams so you can have the freedom to do what you really want to do with your life.
Episódios
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0025: Contractors Add On Sales Increases Cash Flow And Profits
21/05/2014 Duração: 08minWhy 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
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0024: Emerging Contractor Support
21/05/2014 Duração: 07minEmerging 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
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0023: Emerging Contractor Defined
21/05/2014 Duração: 05minContracting 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
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0022: Starting Your Contracting Company Part 2
21/05/2014 Duração: 16minYou 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
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0021: Starting Your Contracting Company Part 1
21/05/2014 Duração: 11minYou 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
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0020: Contractor Six Pack Marketing Secret
21/05/2014 Duração: 07minWarning! 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
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0019: Contractors Bookkeeping Headache Relief
21/05/2014 Duração: 04minAre 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
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0018: No Long Term Contractors Bookkeeping Services Contracts
21/05/2014 Duração: 11minSome 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
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0017: You Don't Need QuickBooks To Use Our Contractors Bookkeeping Services
21/05/2014 Duração: 04minYou 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
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0016: Why Contractors Hire Our Bookkeeping Services
21/05/2014 Duração: 08minWhy 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
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0015: The Four Types Of Construction Contractors
21/05/2014 Duração: 13minThis is a lively and entertaining view of The Four Types Of Contractors as described by someone who was raised by contractors, became a contractor and loves contractors I Have Been Privileged - To work with a variety of good people who own and operate construction businesses. It All Started With Construction - This was the first thing that happened since the entire universe was formed by the Creator who built it all and authored the all-time number one best seller, Basic Instructions Before Leaving Earth. His Son Was A Carpenter - And many good people have chosen the wide wonderful world of construction as their career path. Contractors Have Made Countless - Sacrifices and contributions to further the development, maintenance, and growth of civilization and I am proud to be counted among them. Over The Years - I have encountered many wonderful people who own construction businesses and about 20 years ago it hit me like a BFO (Blinding Flash of the Obvious) there are Four Types of Contractors: #1 Dog And Pic
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0014: TSheets Time Tracking For Construction
21/05/2014 Duração: 11minDo you support TSheets for construction? Yes we do! Tsheets is a great program for tracking time to each construction jobs and specific tasks or Schedule of Values on each job. For example if you are remodeling a house and want to track the time spent on demolition, framing, finish and clean-up. We can customize your QuickBooks setup to do that and more! We are Certified ProAdvisors For TSheets.com and we specialize in construction contractors. Learn more and get a 14 day free trial click on the link below:www.FastEasyAccounting.com/TSheets Construction Accounting Is Used In Mobile Environments - Which means having a contractors bookkeeping services system that can track the costs that contractors incur related to doing custom work in a strictly mobilization environment. Some of the costs include travel time, mobilization (packing the tools, equipment, labor and material at their warehouse, delivering everything to the job and unpacking it) before starting the work and then demobilization (reversing the entir
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0013: FAQ Xero Accounting Online For Contractors
21/05/2014 Duração: 07minDo you support Xero Accounting Online For Construction? Yes we do!Xero Accounting Online works best if you: Need To Get Paid Faster And Easier Have Simple Jobs You Invoice Individually Need To Invoice Customers At The Job-site Need Key Performance Indicator Financial Reports Want Professional Construction Accounting At Lower CostsXero Accounting Online saves time in data entry which means we can offer Xero Accounting Online outsourced contractors bookkeeping services at a substantial savings over QuickBooks outsourced contractors bookkeeping services and provide more in-depth financial reporting with some of the reports being updated within seconds of when the transactions are received.Are you the owner of a small contractor company, perhaps a handyman service or someone who does construction projects that last from a few hours to a few days and you only need to give your customer or client one invoice? Click Here For More Details About Xero Accounting Online For Construction This is one mor
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0012: FAQ QuickBooks For Contractors
21/05/2014 Duração: 24minQuickBooks For Contractors Questions And Answers Which QuickBooks do you support? For remote hosting of QuickBooks Desktop Pro, Premier and Enterprise we support the last three years.For earlier versions of QuickBooks including QuickBooks Mac we support 2004 to the current year.QuickBooks setup (simple, custom, contractor, home builder, land developer, commercial tenant improvement, flipper house, service & repair and more.QuickBooks clean-up, QuickBooks repair, QuickBooks emergency services.My QuickBooks is a mess can you fix it? Yes! We have been working with QuickBooks from the very first release in DOS in 1992. With over 100,000 man hours of combined experience we have seen just about everything.We maintain and regularly update the most extensive collection of diagnostic software and database manipulation software tools designed specifically to work with messed up and broken QuickBooks files.If your QuickBooks needs help we can help 206-361-3950 or sharie@fasteasyaccounting.comWe service over 1,000 co
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0011: FAQ Contractors Bookkeeping Services
21/05/2014 Duração: 33minYou Have Three Choices Regarding Your Contractors Bookkeeping And Accounting Service #1 - Do it all yourself#2 - Hire A Bookkeeper#3 - Outsource ItNumber One makes sense if you have 10,000+ hours of training and practice required to master Construction Accounting.Number Two would make sense if it was not so risky and cost so much. I invite you download a Bookkeeper Hiring Guide which has some of the same checklists we use when hiring a new construction bookkeeper. And it would really help if you knew about some of Traits of Bad Bookkeepers.Number Three can be the least expensive and most financially rewarding or the most expensive of the three options. I invite you download a Contractors Bookkeeping Service Hiring Guide. The key is to make sure you are getting a firm that has a team of people who understand construction bookkeeping and accounting servicing your account, not just one lonely bookkeeper lost and confused 10% of the time and winging it the other 90% of the time. Finally, if your contracting compa
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0010: Is Your Contracting Company Too Small?
20/05/2014 Duração: 18minSeveral Of Our Best Contractor Clients Came From Bookkeepers Who Overcharged Them Because Their Company Was Too Small Has this happened to you or someone you know? If so call Sharie at 206-361-3950 and let's talk!I understand exactly what the issue is and will share it with you. Most bookkeepers have no system. Bless their little hearts! They have good intentions but they never have and never will do the mental heavy lifting to develop a contractors bookkeeping system.Anyone with a little bit of experience can get a business license and open a bookkeeping services firm. Most bookkeeping services are one person operators working from home with less than a dozen customers and the usual breakdown is as follows:2-5 retail type business customers3-5 service type business customers1-2 contractorsThey labor under the illusion that all bookkeeping is basically the same. That is similar to saying all dogs are animals so all animals must be dogs. In reality bookkeeping is a bit like being a doctor; they work on two ma
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0009: Next Step For Contractors
20/05/2014 Duração: 21minThe First Phone Call – Your initial phone consultation is the starting point of our mutual relationship. We may receive an initial request for information by email, fax or in person however ongoing phone support is an important part of the process – it helps clarify things for both parties and can help put your mind at ease. Need Help Now? Call Sharie 206-361-3950 In The End - everybody gets to chat with Sharie at least once, twice, or even three times before making any kind of decision about which of our services that they would like to pursue The Next Step - If you are within driving distance of our office at 19909 64th Ave W. Lynnwood Washington, 98036 Suite 201 - 2nd Floor, please plan on stopping by to meet us and set up your initial appointment. If you are father away, feel free to call our office at 206-361-3950 is to set an appointment for an in-person consultation. Working Long Distance We have contractor clients all over the U.S.A. so how we arrange the next step is slightly different. We will ask y
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0008: How We Help Contractors
20/05/2014 Duração: 14minHow Do We Help Contractors To Succeed? What is the process? What can you expect? Should you contact us or should you wait until we contact you? However we contact each other, you can expect a friendly construction accountant who understands contactors and construction, someone who likes to talk on the phone and listen to you and wants to hear what you have to say. We have a passion and a calling to help construction contractors First, thank You for visiting listening to this podcast and I trust you will find the information to be useful and we look forward to your becoming a client.Here Is A Brief Outline Of How We WorkOur Niche Is Construction ContractorsFrom the brand newcontractor to those who have been in business for many years and have more complex needs – We welcome everyone and are sure we can help you with your specific needs!The Right Tools for YouIn order to tailor our service to your needs, we use a variety of accounting tools including: QuickBooks SetupQuickBooks Tune-Up QuickBooks Clean-UpQui
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0007: Contractors Who We Help
20/05/2014 Duração: 16minContractors Who We Help Owning and operating a construction company is a challenge. Knowing when and whom you can trust to ask for advice is tricky. We do not have all of the answers and we cannot help you "Get Rich Quick".We have several decades of combined experience and expertise in owning and operating successful construction companies just like yours and providing worthwhile guidance to a number of contractors just like you.Our primary specialty is Construction Accounting and using the reports provided to unlock the potential of your particular construction company with our system or Contractor Success M.A.P.When you put Marketing first / Accounting Second / Production Third Contractor Success is a foregone conclusion. This is part of the Contractors 80/20 Rule For SuccessAccounting is the pivot point that provides the actionable information that can show you the best places to Market and your Prime Customer. Now combine that knowledge with processes designed to Optimize your Production and you can have
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0006: Construction Definitions P-Z
20/05/2014 Duração: 24minThere Are Four Reasons I'm Sharing These Construction Definitions With You #1 Break down the barriers of communication #2 Create a common language of understanding #3 Bring you, the listener, into the inner circle #4 Add a bit of humor to your dayBeginning In The Mid 1960's While Working In My Parents Construction Company I have been steadily accumulating a variety of terms to describe the construction industry. Some of them are intended to be funny, some are serious and the rest are entertaining. Please feel free to share them with your friends, relatives and most importantly contractors as they will appreciate the humor and perhaps find value in the words of wisdom we are sharing.This podcast is number 0006 and it contains words beginning with the letter P and ends with the letter Z.The previous podcast number 0005 and began with the letter G and ended with the letter OThe first podcast of this series is number 0004 and it began with the letter A and ended with the letter FI sincerely trust you will be ente