Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services-logo

Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services

Business

Back office support can make or break your contracting company. Let us move your contractor bookkeeping service off the roller coaster of pain onto the merry go round of peace of mind with our U.S.A. based outsourced contractors bookkeeping services and contractor success M.A.P.

Back office support can make or break your contracting company. Let us move your contractor bookkeeping service off the roller coaster of pain onto the merry go round of peace of mind with our U.S.A. based outsourced contractors bookkeeping services and contractor success M.A.P.

Location:

United States

Description:

Back office support can make or break your contracting company. Let us move your contractor bookkeeping service off the roller coaster of pain onto the merry go round of peace of mind with our U.S.A. based outsourced contractors bookkeeping services and contractor success M.A.P.

Language:

English


Episodes

418: Steps Construction Company Owners Can Take To Avoid Employee Fraud

5/7/2021
This Podcast Is Episode Number 418, And It's About Steps Construction Company Owners Can Take To Avoid Employee Fraud Billing schemes. Skimming. Check-tampering. Employee fraud is a real risk for businesses with fewer than 100 employees. In fact, according to the Association of Certified Fraud Examiners, small businesses lose almost twice as much per scheme to occupational fraud. If you Google Search "Construction Bookkeeper Embezzlement," you will see thousands of hits, and most of the...

Duration:00:11:08

417: Winning Tactics For Contractor Paperwork

4/30/2021
This Podcast Is Episode Number 417, And It's About Winning Tactics For Contractor Paperwork You started your contracting company to have fun, be your own boss and do the work you love. Now you are overwhelmed with paperwork, and the fun is gone! One of the biggest struggles construction business owners deal with is the overwhelming amount of paper they have to organize as part of their everyday tasks. Invoices, receipts, bills, contracts, client records, pay applications, insurances,...

Duration:00:10:07

0416: If My Construction Business Is Making A Profit Where Is The Cash

4/23/2021
This Podcast Is Episode Number 416, And It's About If My Construction Business Is Making A Profit Where Is The Cash Some construction business owners find themselves in the difficult position of running a business that appears to be profitable but still having no money in the bank. It's a critical situation to address. After all, a lack of adequate cash flow is one of the leading causes of small construction business failure. Here are three reasons why profitable construction businesses...

Duration:00:07:55

415: Proven Construction Client Payment Practices That Work

4/16/2021
This Podcast Is Episode Number 415, And It's About Proven Practices To Collect Construction Client Payments Effectively All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do. We've been there before, and it will probably happen again in the future. Owning and operating any business, including accounting, means sometimes you provide goods and services and not get paid. Knowing The Answers Helps "If...

Duration:00:08:40

0414: Leading Contractors Successfully Through Major Organizational Change

4/9/2021
This Podcast Is Episode Number 414, And It's About Leading Contractors Successfully Through Major Organizational Change We are all currently experiencing and adapting to present pandemic times. We've probably adjusted our business model to cater to our clients, new and existing. Construction business change is almost always a good thing, but often poor management means that the workforce becomes disengaged and the change process painful. In the worst cases, this results in irreparable...

Duration:00:09:49

0413: The Ugly Truth About Doing Your Construction Company Payroll

4/2/2021
This Podcast Is Episode Number 413, And It's About The Ugly Truth About Doing Your Construction Company Payroll Still Doing Your Payroll? At face value, it seems like a great idea. If you're a small construction business owner with just a few employees, you probably think hiring a payroll specialist is an expense that you can avoid. You feel that you can handle it yourself. You have the best intentions to keep your staff paid and on time. What could go wrong, right? Well, lots....

Duration:00:10:10

0412: The Right Accounting Software Can Increase Your Profits

3/26/2021
This Podcast Is Episode Number 412, And It's About The Right Accounting Software Can Increase Your Profits Most construction business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses, and view real-time financial reports to manage cash flow and make better business decisions. What three reports do you need for your construction business? #1 Cash On Hand - This report shows you how much cash you have in your...

Duration:00:09:37

0411: Overcome The Struggles Of Hiring And Managing Independent Contractors

3/19/2021
This Podcast Is Episode Number 411, And It's About Overcome The Struggles Of Hiring And Managing Independent Contractors

Duration:00:10:49

0410: How To Make 2021 Your Contracting Cash Flow Year

3/12/2021
This Podcast Is Episode Number 410, And It's About How To Make 2021 Your Contracting Cash Flow Year Nobody wants their business to fail. Although it's impossible to predict the future with 100% accuracy, a cash flow forecast is a tool that will help you prepare for different possible scenarios in the future. What is Cash Flow Forecast? Cash flow forecasting is the process of estimating how much cash you'll have and ensuring you have a sufficient amount to meet your obligations. By...

Duration:00:10:06

0409: The Answer To Your Construction Bookkeeping Chaos

3/5/2021
This Podcast Is Episode Number 409, And It's About The Answer To Your Construction Bookkeeping Chaos Making decisions never ends for contractors like you. Being adaptable is one of the basics of good decision-making skills. Think of decision-making as being in a bumper car. You are continually driving and trying to avoid the other bumper cars. Suppose you hit one you back up and go again (reminder this is the only safe place to hit other vehicles). The rest of the time, life as a...

Duration:00:10:36

0408: 4 Contractor Do-It-Yourself Bookkeeping Flaws Exposed

2/26/2021
This Podcast Is Episode Number 408, And It's About The 4 Contractor Do-It-Yourself Bookkeeping Flaws Exposed As a construction business owner, you operate in a multi-faceted changing environment doing the impossible with limited time, money, and resources on every project, and soon as one is finished, another one is waiting for you. You are highly skilled, intelligent, and adaptable. You press a few keys on your keyboard thinking you are going to get the results you want, accurate bank...

Duration:00:09:53

0407: Critical Crisis Takeaways For Construction Business Owners

2/19/2021
This Podcast Is Episode Number 407, And It's About Critical Crisis Takeaways For Construction Business Owners If there's one thing last year taught us, it's how quickly the world has changed in such a short time and that we cannot take anything for granted. While we can all hope that the pandemic is a once-in-a-lifetime scenario, there is a lot in life and in business that is uncertain, and there is a great deal we can learn from the response to COVID-19 to help plan for the future. Yes,...

Duration:00:07:00

0406: Practical Tips To Trim Your Overhead Costs

2/12/2021
This Podcast Is Episode Number 406, And It's About Practical Tips To Trim Your Overhead Costs Every small construction business owner knows how challenging it is to cut down expenses without somehow compromising internal or external quality. Regardless of your business's nature, the first step to reducing your overhead costs is to take the time to go through every single expense you have. Next, assess which ones are necessary for your business to operate smoothly, what can be trimmed down,...

Duration:00:07:46

0405: Early Warning Signs Of Insolvency To Watch Out For

2/5/2021
This Podcast Is Episode Number 405, And It's About Early Warning Signs Of Insolvency To Watch Out For Running a construction business isn't exactly a walk in the park. It is hard work but a rewarding journey at the same time, and you can probably attest to this yourself. Sometimes, things also don't go as planned, and you may find your business in financial distress. Suddenly you find yourself falling behind on due dates, suppliers are chasing for payments, and your stress levels are...

Duration:00:07:39

0404: The Reason Why Some Construction Projects Fail

1/29/2021
This Podcast Is Episode Number 404, And It's About The Reason Why Some Construction Projects Fail Estimating and submitting bids is one of the most stressful and nerve-wracking sides of your construction business. It is essential to keep in mind that "break-even" in the construction business is challenging to calculate because most projects are one-of-a-kind custom jobs. Proactive contractors have systems and cost libraries with pre-priced assemblies for bidding, which works in conjunction...

Duration:00:08:41

0403: Cash Flow Management And How To Track Income

1/22/2021
This Podcast Is Episode Number 403, And It's About Cash Flow Management And How To Track Income A wise business owner once said, "Happiness is positive cash flow." As a business owner, I'm sure you agree. Everything is better when your cash-in exceeds your cash-out. A cash crisis can be emotionally devastating, and it can even kill your business. If you've ever had to beg, borrow, and steal to cover tomorrow's payroll, you know what I mean. Having a proper cash management system allows...

Duration:00:09:03

402: Contractor Bookkeeping In Ten Minutes A Day Using QuickBooks

1/15/2021
This Podcast Is Episode Number 402, And It's About A Guide On Contractor Bookkeeping In Ten Minutes A Day Using QuickBooks

Duration:00:08:41

0401: Hidden Costs When Choosing The Right Construction Accounting Software

1/8/2021
This Podcast Is Episode Number 401, And It's About Hidden Costs When Choosing The Right Construction Accounting Software Typically, in the first month of the year, many contractors with expensive high-end construction software are re-examining if QuickBooks for Contractors is all they need and if switching over to it makes sense. I chat with Contractors every day. You tell me your stories - about your challenges in running a business, keeping up with the bookwork, estimating and bidding...

Duration:00:11:30

0400: A Guide On How To Provide Year-round Value To Your Contracting Clients

1/1/2021
This Podcast Is Episode Number 400, And It's About A Guide On How To Provide Year-round Value To Your Contracting Clients Markets are dynamic and continually evolving, so no business can afford to stand still. Many construction business owners have learned that in the last few months as COVID-19 spread around the world. No matter how excellent your products or services, they have a finite lifespan, so they must be developed, improved, or replaced if you're continuing to grow your...

Duration:00:10:54

0399: Smart Contractors Spend Money On Marketing, Accounting, And Production

12/25/2020
This Podcast Is Episode Number 0399, And It's About Smart Contractors Spend Money On Marketing Accounting And Production There is no better time to reflect and think seriously about your construction business. Excellent organization systems add considerable value to any business because they allow you to spend more time working on your business rather than on it. Year over year and regardless of the economy, one thing never changes; 20% of the contractors earn and keep 80% of the profits...

Duration:00:08:06