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Do you live in Southern New Jersey and want to beautify or maintain the upkeep of your property's outdoor space? Contact Sunset Lawn and Landscape (609-617-9129) for unparalleled expertise in meticulous lawn treatments and picturesque landscapes. You'll be glad you did! Visit https://www.sunsetlawnandlandscape.com for details. Sunset Lawn and Landscape City: Somerdale Address: 2 E Atlantic Avenue Website: http://www.sunsetlawnandlandscape.com Phone: +1-888-606-3305 Email: info@sunsetlawnandlandscape.com
The Turf Teacher discusses NC Landscape Contractor Law and what you need a license for and how to obtain the license. NORTH CAROLINA LANDSCAPE CONTRACTORS LICENSING BOARD: * NCLCLB Website: https://nclclb.com/ Follow me on Instagram for more green industry tips: https://www.instagram.com/turfteacher/ TURF TEACHER COURSES: * Seminars: https://turfteacher.com/seminarschedule/ * Online Landscape: https://www.turfteacher.org/landscape/ * Online Irrigation: https://www.turfteacher.org/irrigation/ * Landscape Webinars: https://turfteacher.com/landscapewebi... * Irrigation Webinars: https://turfteacher.com/irrigationweb... * Pesticide Webinars: https://turfteacher.com/pesticidewebi... How Many Pesticide Credits Do I Have? https://linktr.ee/pesticidecredits ELITE LANDSCAPE CONTRACTORS, INC.: https://www.elitelandescapes.com https://linktr.ee/elitelandescapes TURF TEACHER SOCIAL MEDIA: https:///www.turfteacher.com https://linktr.ee/turfteacher
Joel is President of Fine Earth Landscape located in Poolesville MD. Fine Earth performs high end design build work and maintenance in the residential market in the Washington DC metro area. He is a landscape industry certified technician and manager and is a certified professional horticulturalist. Joel is a veteran serving in the Army Honor Guard, has served as President of the Landscape Contractor's Association of MD/VA/DC and chaired the International Certification Council for NALP. He and his wife, Irene, have 4 children: JC, Jacob, Brandon, and Lauren.
On today's show of "Keeping Up With Mr. Jones" we discuss NC mechanic's lien rights for Landscape Contractors. NORTH CAROLINA LANDSCAPE CONTRACTORS LICENSING BOARD: * NCLCLB Website: https://nclclb.com/ Follow me on Instagram for more green industry tips: https://www.instagram.com/turfteacher/ TURF TEACHER COURSES: * Seminars: https://turfteacher.com/seminarschedule/ * Online Landscape: https://www.turfteacher.org/landscape/ * Online Irrigation: https://www.turfteacher.org/irrigation/ * Landscape Webinars: https://turfteacher.com/landscapewebi... * Irrigation Webinars: https://turfteacher.com/irrigationweb... * Pesticide Webinars: https://turfteacher.com/pesticidewebi... How Many Pesticide Credits Do I Have? https://linktr.ee/pesticidecredits ELITE LANDSCAPE CONTRACTORS, INC.: https://www.elitelandescapes.com https://linktr.ee/elitelandescapes TURF TEACHER SOCIAL MEDIA: https://linktr.ee/turfteacher THE PODSCAPE PODCAST: https://anchor.fm/thepodscape YOUTUBE CHANNEL: https://www.youtube.com/user/turfteacher
Melissa is a landscape contractor with a passion for desert plants and pollinators. Melissa is always alert to 'breadcrumbs from the universe'; signs showing the way, reminding her to pay attention to nature and teaching her how to be a better designer for pollinators and people. Listen to hear more about:The influence of family on Melissa's connection with nature.Sacred gardening and what the means for Melissa.How nature journaling feeds back into Melissa's work as a Landscape Contractor.The intergenerational garden collaboration within Melissa's home garden.The Mojave Desert landscape and the plants that inspire Melissa's garden designs.Factors that Melissa considers when creating a desert-inspired garden design.The importance of pollinators.Henderson Bird Viewing Preserve and its significance for Melissa.How Melissa moves through feelings of perfectionism that can hold her back. Teaching her first nature journaling workshop. You can find Melissa on Instagram @gardensbymelissa and on her website Earth Green Landscapes.-----------------Sign-up for Journaling With Nature's Newsletter to receive news and updates each month. You can support Journaling With Nature Podcast on Patreon. Your contribution is deeply appreciated. Thanks for listening!
When you have your own business, there will be pains along the way. When things really suck, don't give up. You gotta keep going with it. This advice comes from Luke Henningsen of Henningsen Property Management in Southeast Wisconsin. In this episode, we talk about: Hitting the glass ceiling as an employee How Luke's mowing business turned into a landscaping business Failing quickly and moving forward The camaraderie and support across the green business How he runs the mowing side of the business versus the landscaping side The future of robots in the contractor industry Recognizing your long term goal and focusing on it Mentioned: HPM's Facebook HPM's Website HPM email - contact@hpmlandscapes.com Book - Never Split the Difference Links to Resources: Make more money, Save more time, Create a winning business - Join the Profit Club Join the Free Group - The Contractor Profit Blueprint FREE Profit Calculator Our Website The Discord Channel Facebook Page Instagram Help us get the word out to other contractors by leaving us a review or sharing our podcast!
SEE JEREMIAH'S WATER FEATURES ON GREG WITTSTOCK, THE POND GUY:100 Koi in Front Yard Pondhttps://www.youtube.com/watch?v=TG0_4ZXPNxkBackyard Pond Becomes a Waterfallhttps://www.youtube.com/watch?v=3ogCXqKihH0Goodbye Pool - Hello Gorgeous Pondhttps://www.youtube.com/watch?v=5bCWEt9rju4VISIT MOCK PROPERTY SERVICES: https://mockpropertyservices.com/VISIT AQUASCAPE, INC: https://www.aquascapeinc.com/BECOME A POND BUILDER: https://www.aquascapeinc.com/professionals/contractor
The Turf Teacher gets fired up about the negativity associated with having a professional license in the green industry. The licenses protect the health, safety and welfare of the general public as well as the Landscape Contractor. Get Licensed!!!!! Follow me on Instagram for more green industry tips: https://www.instagram.com/turfteacher/ TURF TEACHER COURSES: * Seminars: https://turfteacher.com/seminars/ * NCLCLB: https://www.turfteacher.org/landscape/ * NCICLB: https://www.turfteacher.org/irrigation/ * Turf Talk Tuesdays: https://turfteacher.com/turftalk/ * NCLCLB Webinars: https://turfteacher.com/nclclb-webinars/ ELITE LANDSCAPE CONTRACTORS, INC.: * www.elitelandescapes.com * https://linktr.ee/elitelandescapes TURF TEACHER SOCIAL MEDIA: * https://linktr.ee/turfteacher THE PODSCAPE PODCAST: * https://anchor.fm/thepodscape YOUTUBE CHANNEL: Please watch: "Pesticide Applicator Certification & Licensing" https://youtu.be/Yj2n3OXsZpE Please watch: "How to Get Your NC Landscape Contractor's License" https://youtu.be/K1nyill7EHE
Yard Coach - DIY Landscape Education and Professional Advice
Watch the Video version of this podcast on the Yard Coach YouTube Channel HERE Interested in learning even more? Purchase the “Yard Coach Presents - LANDSCAPING SIMPLIFIED” eBook right now and get started on your DIY Landscaping Journey - or check out HOMESCAPE 1.0 - The complete A-Z online course designed to help you plan, start and complete your Landscape Project. Subscribers will get access to the Course at a significantly discounted rate. ✅ Landscape Educational Book "Landscaping Simplified" and Homescape 1.0 - The Online Course for DIYers available at www.youryardcoach.com ✅
I just won a Ventrac 4500! (Landscape Contractor Challenge). Check out the video on The Lawn Care Life in Mowssouri YouTube Channel! --- Support this podcast: https://anchor.fm/the-lawn-care-life-in-mowssouri/support
In this episode The Turf Teacher talks about pruning and the individuals out there who don't know how to do it. It all starts with knowing your plant materials and the plant science behind them. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher vents about solo operators saying they don't need Worker's Compensation or General Liability and that they pay their one helper under the table. You are asking for a disaster if you don't get insured or withhold taxes from your employer. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses what type of sketchbook he uses and the other type of drawing media to keep around to sketch on. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses with Stanley the Dirt Monkey Genadek what we should be doing to get a jump start on the season with LMN Software. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses social media marketing and the types of content we should be producing for organic and inorganic posts. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses what pesticide management and calculates some pesticide math problems. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses what you need to know to correctly calculate the label rate for any given fertilize or pesticide. The number one reason we have a pesticide failure is not miscalculating the label rate but misidentifying the pest. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses risk management and how you can protect your green industry and construction business with a great group of NC Licensed General Contractors. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses how to find the right subcontractor and what to expect from them. Subcontractors can be a very good asset to any green industry company. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses employee management for green industry companies. This is always a topic of discussion at any convention, continuing education class or landscape conversation and Turf Teacher gives you his take on it. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses the difference between a customer and a client and the relationships we have with them on a landscape construction project. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses controversial topic of "Crepe Murder." Is it bad for the tree? Should the tree have been planted there in the first place? You make the call and get the Turf Teacher's take on it. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses landscape scheduling and how important it is to getting paid. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses the Business Vision 2020 Tour dates for NCLCLB CEU's as well as how you can earn them online and every Thursday night via Zoom. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses tools for landscape design and landscape architecture. From sketchbooks to trash paper and Pentel Sign Pens Turf Teacher tells you everything in his pencil pouch. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses contracts, retainers and mobilization charges for snow removal services. Preparation is key for any inclement weather occurrence and dry runs need to be made prior to the event. Listen to the Turf Teacher to get you fired up for cold days work. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher continues discussing contracts for commercial and residential landscape work to include required elements, provisions and breach of contract. This is part 2 from the previous episode. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses contracts for commercial and residential landscape work to include required elements, provisions and breach of contract. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses bidding and estimating for commercial landscape work. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses legal requirements after securing the contract with the owner. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses obtaining work with direct procurement, competitive negotiation or competitive bidding and becoming the prime contractor and securing the contract with the owner. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
In this episode The Turf Teacher discusses how to enter the world of commercial landscape construction and installation. From bid bonds to commercial general liability and waiting 60 days for payment you'll get the information you need to get started. Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. In this episode The Turf Teacher discusses meeting the clients and what to take with you to the site visit and what to leave with. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. In this episode The Turf Teacher discusses having a marketing plan, defining your vision, promotional materials and organizing the sales process. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. In this episode The Turf Teacher discusses time management, delegation and the tools necessary to help you run your green industry business. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. In this episode The Turf Teacher discusses the differences between LLC's, C Corporations, S Corporations and Sole Proprietorships. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
Coming at you live from America's Podcast Studio, Eric "The Turf Teacher" Jones. The Landscape Contractor and Green Industry Platform for success, this is "The Podscape" brought to you by LMN Software. In this episode The Turf Teacher discusses the rewards and challenges of being a green industry entrepreneur and why you need to have a business plan. It's having companies within your company. Check out www.turfteacher.com for more information on how you can earn your irrigation, landscape and pesticide credits all online or in person. We also have a Christmas Lighting class coming to a town near you! For more information on LMN Software and to try it out free visit www.golmn.com/free and use referral code 8957743.
Today Ete sits down with Dee Downing of Red Ant WorksAs a girl growing up in Michigan, Dee Downing was utterly enchanted by Nature. The banks of the river behind her house, though forbidden, became her place, and to this day she clearly remembers the solace she found there in the wild. This was the beginning of her “conversation” with Nature.Through unplanned twists and turns, life has returned her to that conversation and to the land, now on a daily basis. Dee is owner and operator of Red Ant Works, a forward-thinking Park City landscape company with a systems-based approach to landscape design, and an expert in the field of permaculture. What comes through clearly in this episode is Dee's exceptionally thoughtful approach to both landscaping and life. Her authentic love for the earth shines throughout as does her concern for people and for society. She has no qualms about engaging with the bigger questions in life, even during a relatively short podcast, and her conversation reveals a woman brimming with curiosity about everything. She looks deeply within and without as she touches on everything from consumer culture, to the hardships of single parenting, to the importance of taking a whole-system approach in many areas of life, to interpersonal dynamics, to the excitement of “planting legacies” in her work. There's plenty to glean from this episode. Enjoy!
The green industry affords young entrepreneurs in landscape and tree care services, a great opportunity to run their own business. In an environment where there is often more demand for work than there are contractors to get it all done. Lawn & Landscape's newly released, 2019 State of the Industry report, says business owners are once again confident about the industry overall. However with median revenues decreasing year over year, for the past 3 years, it's more more important than ever, for business owners to maximize their margins and profitability.This can be challenging for a skilled contractor who's trained in horticulture or arboriculture, to understand all the important aspects of business. Or looking down the road, trying to build a successful business that they can sell when they're ready to retire.So where do they turn for some sound advice to improve their business and get to the next level? Hiring a business consultant to help is a great option but that can be more than what a new business owner can afford.On this #landscapechat episode, Bill Armand and Ed Laflamme of Harvest Group, shared some details about their online program called the Harvest Learning Academy. They share some insights on how it works and how entrepreneurs can apply their expert advice, to maximize the potential of their own business.CONNECT WITH OUR GUESTSThe Harvest Group - Twitter, FacebookCONNECT WITH USEnjoy this episode or have questions? We want to hear from you. Connect with Chris Sabbarese at Corona Tools on Twitter and our new GILN Facebook Group. This closed group is like-minded individuals who care about and discuss, gardening and plants, trees and landscaping related topics.
This week I wanted to speak with a Landscape Contractor. Chris Ray from Humber Valley Landscaping joined me live to discuss all things landscaping. Humber Valley is a dedicated, creative landscape design and build team servicing the Toronto, Richmond Hill, York Region, West Durham regions. At Humber Valley Landscaping, they want to create beautiful, functional outdoor spaces that fit your lifestyle. They know that each project requires specific expertise, a keen creative eye and quality products and materials. Their team will take a professional and personable approach toward creating your own outdoor oasis. As we head into another landscaping season I thought it would be helpful to talk directly to a Landscape Contractor. We focused on the Landscape process and client expectations as well as the benefits of investing in a Landscape Design. Have a listen and let me know your thoughts.
Title: Landscaping – Not just the “finishing touch” Topic: Consider advantages of bringing the Landscaper in during the design phase. During this edition of CareyBrosPros, you’ll find out : Difference between a Landscape Contractor and Landscape DesignerHow bringing in landscaper during the design phase can save you time and money later in your project. Taking care of client by being able to suggest options.Guests: Lisa Port - (Certified Landscape Designer & Architect) President of the Association of Professional Landscape Designers, and owner of Banyon Tree Design Studio (in Seattle, WA) Kevin Monohan - (Landscape Contractor) Owner & Project Manager for Avalon Northwest Landscape (in Seattle, WA) Phone numbers: Banyon Tree Design Studio (206) 383-5572 Avalon Northwest Landscape (206) 933-1277Websites:www.banyontreedesign.com www.avalonnw.com www.apld.org (Association of Professional Landscape Designers)3 Points for Success – from Lisa Port and Kevin Monohan: Clients feel vulnerable. Set their expectations and keep them informed. Never surprise a client with a $$ charge. No one is ever happy about a cost they didn't agree to ahead of time. No one, ever. Be remarkable. #LandscapeDesign #LandscapeContractor #landscaping
Title: Landscaping – Not just the “finishing touch” Topic: Consider advantages of bringing the Landscaper in during the design phase. During this edition of CareyBrosPros, you’ll find out : Difference between a Landscape Contractor and Landscape DesignerHow bringing in landscaper during the design phase can save you time and money later in your project. Taking care of client by being able to suggest options.Guests: Lisa Port - (Certified Landscape Designer & Architect) President of the Association of Professional Landscape Designers, and owner of Banyon Tree Design Studio (in Seattle, WA) Kevin Monohan - (Landscape Contractor) Owner & Project Manager for Avalon Northwest Landscape (in Seattle, WA) Phone numbers: Banyon Tree Design Studio (206) 383-5572 Avalon Northwest Landscape (206) 933-1277Websites:www.banyontreedesign.com www.avalonnw.com www.apld.org (Association of Professional Landscape Designers)3 Points for Success – from Lisa Port and Kevin Monohan: Clients feel vulnerable. Set their expectations and keep them informed. Never surprise a client with a $$ charge. No one is ever happy about a cost they didn't agree to ahead of time. No one, ever. Be remarkable. #LandscapeDesign #LandscapeContractor #landscaping
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0239 And It Will Be About Essential SEO Tips For Contractors Today's Guest Article Is From Chris Richardson Are you a contractor that is looking to improve their SEO so that you can earn more clients? When it comes to SEO you can always find new ways of doing things in order to improve the quality of the end result, which is to gain higher results in the search engine results pages. This consequently leads to more customers hiring your services as a contractor. Nowadays contractors are responsible for things such as painting, roofing, plumbing and so on. They help homeowners complete the DIY projects that might be too hard for them to tackle on their own. However, getting visibility in the marketplace can be hard for some contractors if they have no idea how to go about advertising themselves. The benefits of SEO for contractors The biggest benefit of good quality SEO for contractors is that a higher number of people in the local area will be able to find out about the contractor. Let’s say that as a contractor in the roofing industry you’re competing with 10 other companies in your local area. If they have poor quality SEO and you don’t then you can easily capture the search engine traffic without much hassle. Nowadays there are a number of features that search engines have added to give businesses exposure for the right search terms. This includes showing where a business is located on the map and their contact details so that potential customers can easily locate them. Top SEO tips for contractors There are various general SEO tips that contractors should already know such as using header tags, alt images and keyword placement, however, as a local business more specific SEO tips are important. First of all have an “About Us” page where information can be pulled by the search engine bot to show up in the results pages. Here information about your company should be entered and also the contact details: a phone number, e-mail address, physical address and so on. On this page you should also include information about what your company does so that the target customer understands the services they’ll hire. Make sure the contact details you enter do work as otherwise you’ll annoy the customer with unreachable contact details. Mobile search is another major thing you need to keep in mind whilst creating your website. A mobile-friendly version should be available so that those looking for your website via a mobile device are able to do so conveniently. Try to get the seal of approval from the Better Business Bureau, as this certification not only gives peace of mind for the customer, but also improves your search rankings. It’s not hard to get this certification if you have indeed setup your company in a legitimate manner. Reviews and ratings will make it into the search result pages and that helps because people are more likely to be interested in a contractor that has a bunch of positive reviews. You can do a number of things to encourage people to leave reviews after they have bought your products. As Martin Abington, from Essay Geeks says: “a local contractor business lives and dies by the nature of the reviews that are left, so ensure you do great work to get those 5 star reviews.” CONCLUSION: Try to implement as many of the SEO tips mentioned in this article if you’re a contractor that’s trying to nail the SEO of their business. If you manage to incorporate these SEO tips correctly then soon enough, you might have more clients looking to hire your services than you can actually handle. Finally, remember that SEO is a long-term on-going process that takes time to come to fruition. SEO constantly changes as the search engine algorithm gets updated regularly. So pay attention to what’s going on in the world of SEO and adapt your strategy accordingly. I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Essential_SEO_Tips_For_Contractors
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0237 And It Will Be About Hiring A Construction Bookkeeper Is A Great Investment As a construction business owner, you're likely concerned about every penny you spend. That's a good thing because you need to keep track of your income and expenses. It also means, however, that you might be less likely to hire people who can help your business. People like bookkeepers, who are great investments for any small business. So what does a construction bookkeeper do? Bookkeepers take care of the daily financial records for your business and make sure your books balance. They create and send invoices, track receipts and reimbursements, reconcile accounts, and prepare specific financial reports. All the frustrating day-to-day financial stuff that you probably dislike they love. Construction bookkeepers are an excellent investment for your small business, for several reasons: They save you time. Unless you're great at bookkeeping and enjoy it, you may find bookkeeping a headache. Chances are, you'll put it off until it's a massive chore to take on, then take ten times as long to do it. You'll find it takes you away from other business tasks such as training staff, networking, or marketing your construction company. The time you spend trying to understand your financials could be better spent on tasks you're good at. A bookkeeper should be more efficient; they won't have as many errors, and in the long run, can save you a lot of stress. Your time—and your sanity—are worth the cost of a bookkeeper. They are experts in their field. Are you up to date on the various tax laws and fully aware of how they affect your business? Bookkeepers are. They can advise you about any changes to the tax laws and what those mean for your business. Bookkeepers can also provide you with insight into your company's financial situation. If you're overspending in a particular area or need to reallocate funds, your bookkeeper will tell you. If there's something you don't understand about your financial situation, your bookkeeper will explain it to you, so your financial situation isn't a mystery. They prevent errors. Because bookkeepers are experts in their field, they won't make the same mistakes you'll make. Those mistakes might seem small at first, but data entry errors, mixing up expenses, and other errors can add up, costing you money. They help you get paid. As a construction business owner, you might have so many other tasks that the ones that ensure you get paid—like sending out invoices—fall off the priority list. How many small business owners can say they've never been late sending out an invoice? Your bookkeeper makes sure your bills are paid on time, and all invoices are sent out promptly. If your invoices aren't paid by their due date, the bookkeeper will be on top of it. Is there any better investment for your trade business than one that makes sure you get paid for the work you do? In conclusion The services a construction bookkeeper provides can help you financially in the long run. They also prevent many headaches and save you valuable time. As a contractor, there's no way you can be an expert in all aspects of running your business. If you don't like bookkeeping or don't have the time or knowledge to do it well, a bookkeeper is a valuable resource and an excellent investment for you. About The Author: Sharie DeHart, QPAis the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com OUTSOURCED ACCOUNTING FOR THE BUSY CONTRACTOR IN A MOBILE ENVIRONMENT Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_How_To_Write_A_Winning_Contractor_Resume
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0234 And It Will Be About 12 Signs You Hired The Right Contractor Bookkeeping Service If you are a contractor, you know what to look for when you need to hire skilled construction workers. The longer you have been in construction, the more experience you have including a sixth sense about who is likely to be a good fit for your construction company team and who is not. You can spot wanna-bees, clowns, and firebrands in an instant, and you know that if you are thinking about firing someone; you are already fifteen minutes too late! 99.99% of Construction is "Tangible" which means you can judge it using your five senses. You can See, Hear, Touch, Smell and Taste it and you know when it is good or bad. 99.99% of construction accounting is "Intangible" including financing, taxes, payroll processing, payment applications, financial statements, cash management which means you may have to rely on your gut-feeling to know when someone perhaps is not a good fit. I have a deep background both in construction, having owned and operated successful construction companies and construction accounting. I have a deep background both in construction, having owned and operated successful construction companies and construction accounting. Just so we are clear, if you suspect I want the opportunity to work with you, you are 100% right! But, I know what you need is proof that I know what I am doing so let me condense several decades of experience into these twelve warning signs you hired the wrong contractor bookkeeping service. Here are these twelve Signs You Hired The Right Contractor Bookkeeping Service Sign #01 Your contractor's bookkeeping service specializes in working with contractors. They are not general bookkeepers who accept all types of businesses and cannot do right by any of them because nobody can keep track of all the subtle differences and nuances of multiple industries let alone the specialties within a given industry. In the construction industry, they are "Masters Of Their Trade." Chances are they are not the cheapest Bookkeeping Service available. Every successful contractor knows cheap tools, cheap workers, cheap material and cheap Bookkeepers are the most expensive ones in the short-run and worse in the long run. Cheap tools and cheap bookkeepers appear to be a bargain until you use them for a short while and discover how expensive they are. When you add up the seen and unseen costs, you suddenly realize you need to replace them with someone who understands construction. Someone who understands Construction Accounting and has a contractors accounting and bookkeeping system, software, hardware, infrastructure and staff that are trained in construction accounting, so they know how to provide the contractors accounting and bookkeeping services you need. Sign #02 Your contractor, bookkeeping services firm offers flat-rate pricing for your contractor bookkeeping services needs. There are situations when a contractor is better off with a flexible rate schedule including pre-determined hourly rates depending on the skill level required, but only if there are complex construction accounting needs or if the construction company owners or managers want direct command and control of the contractor bookkeeping services. We can serve 99.99% of construction, and contracting companies in the USA including Alaska and Hawaii with annual sales volume from $0 start up to $5,000,000 with a flat rate weekly or monthly fee that does not change unless your needs change. Our Construction Accounting Services System takes the guesswork out of contractors bookkeeping services and leaves good solid, repeatable bookkeeping processes that work day in and day out. Sign #03 Your contractor, bookkeeping services firm, is open and honest with you and answers your questions with easy to understand language not "accounting speak" and respects you as an intelligent business owner. Construction accounting is complex; however, you don't want to know how it’s done you just how to read the financial and job costing reports to help you operate and grow your construction company. The true professional in any field makes everything they do look easy I invite you to look at The Five Key Performance Indicators For Contractors. Then you decide if what I say is true or not, you are the judge. Sign #04 When you provide the data and paperwork on time your contractor bookkeeping services firm gets their work done on time. You know there is no profit in operating a chaotic bookkeeping service or any other company for that matter. Contractor Bookkeeping Services are predictable, foreseeable, boring, tedious, mundane, repetitive, monotonous, dull businesses in the world and people either love it or hate it.Thank goodness everyone at Fast Easy Accounting loves it, eats it, sleeps it, dreams about it and are fascinated with it! The reason we love it so much is our contractor's bookkeeping system reverses the typical 95% / 5% ratio. In most bookkeeping services, 95% of the time they don't know what to do most of the paperwork they encounter, so they try to remember what we did with the last one just like it, and they hope the financial and job costing reports don't get screwed up. And only 5% of the transactions are simple and easy. Even something as simple as knowing where to classify fuel or food can be a nightmare for the bookkeeping services staff without at least 10,000 hours in construction accounting. Fuel Costs Could Go Into Any One Of A Dozen Accounts For Example: Construction vehicles for use on streets and roads Construction vehicles for off road use Generators Cut-off saws Air compressors Other power tools Admin vehicle company owned Field employee vehicle as reimbursement Admin employee vehicle as reimbursement Sales employee vehicle as reimbursement Operations employee vehicle as reimbursement Officer or Owner vehicle as reimbursement Food Costs Could Go Into Any One Of A Half-Dozen Accounts For Example: Field employee meals (different tax deduction than straight meals) Meals for office employees Entertainment Office meetings Charitable donations Gifts for clients If a transaction is put into the wrong account, the financial statements will present a vastly different picture to the contractor regarding which jobs are profitable and which ones are not. In the end, it could mean the difference between success and failure because if you rely on Profit And Loss By Job Reports to know which jobs to bid on and which ones to ignore. Year over year and regardless of the economy one thing never changes; 20% of the contractors earn and keep 80% of the profits. The reason is they have a Business Process Management Strategy like our Contractors Success M.A.P. that tells them how, what, when, where and why to focus their limited resources on the M.A.P. = Marketing / Accounting / Production. The 80/20 Rule Combined With Business Process Management Can Improve Your Life In Ways You Never Dreamed Possible! Sign #05 Your contractors bookkeeping services firm works out of their home. Home based businesses are great for many people, and they make a lot of sense; except when it comes to dealing with your construction company's sensitive financial data. The last thing you want is for your contracting company records to be sitting on someone's kitchen table open and inviting for anyone and everyone to see, touch, read and spy on you construction company. It happens more than you could imagine or could believe unless it has happened to you or someone you know and trust. Just as bad is when your cheap bookkeeper has little kids with sticky fingers, and they get peanut butter and jelly on your construction company receipts. By far, the scariest cheap bookkeeping services are the ones run by the wife, girlfriend or office worker of your competitor who likes to share your client list, estimates, and financial records...OUCH! That happens more than you could imagine or believe. Sign #06 Your contractors bookkeeping services firm internet presence is professional, clean and packed full of helpful, useful information and has at least 10,000 pages. A website is no longer a luxury and at a minimum to be taken seriously your contractors bookkeeping services should active in at least 20 different social media sites including a presence on LinkedIn, Facebook, Twitter and Google+ to name a few. The best way to know if your contractors bookkeeping services firm has an internet presence is simply doing a google search on them. Google FastEasyAccounting.com and you will find over 9,000 results as of 10-17-14. Google our Co-Founder Randal DeHart, and you will find over 58,000 results as of 10-17-14. Sign #07 Your contractors bookkeeping services firm does not close sales; they open relationships. No high pressure or scares tactics to get you to buy. We do not close sales; we open relationships. Hiring a Contractors Bookkeeping service is something we take rather seriously and deliberately. We are a small privately held contractors bookkeeping services firm with a process to invite new contractors like you into our family of clients. It starts with a No Charge Consultation and mutual interview to determine if there is a basis to build a mutually beneficial relationship. Next, we review your QuickBooks file to determine how and if we can meet your construction accounting needs. Lastly, Sharie contacts you to present one of more custom solutions that we put together to fit your construction company's individual needs because no two contractors are the same. Sharie reviews it with you, and you decide to engage our services when you are ready. Sharie will not attempt to close you because as I said before, "we do not close sales; we open relationships" so if we are not a good fit simply say so and we will leave you alone. In the future, if you change your mind, you are always welcome to contact us again. Sign #08 Your contractors bookkeeping services firm carefully explains your bookkeeping options and lets you decide what it best for you. We can serve 99.99% of construction, and contracting companies in the USA including Alaska and Hawaii with annual sales volume from $0 start up to $5,000,000 with a flat rate weekly or monthly fee that does not change unless your needs change. Our construction accounting services system takes the guesswork out of contractors bookkeeping services and leaves good solid, repeatable bookkeeping processes that work day in and day out. However, some contractors want control over their construction accounting services including what, when, where and how their Contractor Bookkeeping and Accounting services are handled and if this describes you then rest assured we have you covered. You can have access to the same secure; Intuit Approved Cloud Based Hosting Service, which includes the same QuickBooks desktop as all of our contractor clients and instead of our construction accounting services system. In these cases, we can design a reasonable hourly contractor accounting service package to fit your needs and allow you reasonable command and control on how QuickBooks is setup and maintained. Sign #09 Your contractors bookkeeping services firm follows up regularly to make sure you are very satisfied with the services you are receiving. We have a simple answer, we keep in contact with you as much or as little as you desire and more importantly we earn your business every month. No long-term contracts, you vote with your dollars to keep us or let us go. We do everything we can, within reason, to keep you, improve our services, innovate and add value every day. Don't take my word for it see what our clients say Click Here. Sign #10 Your contractors bookkeeping services firm has QuickBooks ProAdvisors on staff is one of many certifications they need to consider a viable bookkeeping service for the Contractors. Yes, it costs money, $549 per year and the ProAdvisor has to take a test and recertify on the new QuickBooks edition every year. Sign #11 Your contractors bookkeeping services firm takes a proactive approach to supporting your construction company needs outside of simply providing the bookkeeping services and they offer recommendations to help you get more from their services, save money, or improve your construction company profit and productivity. We have entire sections of our website devoted to helping your construction company become more profitable, streamline your operations and become more productive. For example, check out the strategy and construction psychology sections. Sign #12 Your contractor's bookkeeping services firm offers you a way to access your QuickBooks desktop version 24/7/365 from any web enabled device. Including top notch English speaking tech support staff! The Screenshots Below Were Taken In Our Lynnwood Washington Office QuickBooks Is 1,000+ Miles Away Running On High-Speed Servers Tucked Securely In A Building With Armed Guards With Highly Skilled Technicians Maintaining It Want to learn how to hire an honest, competent, and reliable contractors bookkeeping services firm? Download our FREE Business Advisory Guide at Contractors-bookkeeping-services-guide-for-construction-accounting-and-bookkeeping/ I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant, and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more. Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Check out our Contractor Success Map Podcast on iTunes and Follow Randal on Google+ Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Own Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_12_Signs_You_Hired_The_Right_Contractor_Bookkeeping_Service_
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0226 And It Will Be About Unique tax considerations running Contracting Company from home Today's Guest Article Is From Ryan Tollefsen Planning to Run your business from a home office? Here's what to know about your taxes If you are planning on using your home office or any part of your home for business purposes or if you already do, it is time to address the tax issue. You have probably heard all sorts of different things about claiming a home office deduction and other deductions. As understanding of tax laws varies from person to person, some inaccuracies can occur. Let's take a look at the truth about the tax issues involved with running a business from your home. Deducting Home Office Expenses The Taxpayer Relief Act of 1997 softened the requirements to determine if the costs tied to a home office can be deducted. However, you can't deduct every single item used in your home office. The costs required to maintain your home office can only be deducted if nuanced IRS guidelines are adhered to. The home office must be exclusively used for running your business. Many homeowners are aware of primary residence rules as they relate to capital gains taxes, but exclusive use is something a little more complex. This means if you use the office for personal activities, family activities or anything else unrelated to your business, you can't use it to reduce your taxes. The bottom line is that the home office will only qualify as a “principal place of business” if the following is true: The office is used to conduct management or administrative activities of the business. There is no other location of the business where you perform substantial management or administrative activities relating to the business. If the above statements are not applicable to your business, home office deductions will not apply. A Word about Exclusive Use If your home office is in a distinct room, a group of rooms or a portion of a room in which division is clear due to the presence of a partition, it is possible to show that your personal activities do not occur in this space. This is often the most challenging portion of qualifying for home office tax deductions. Aside from meeting the definition of “exclusive,” the space must be regularly used for the business. As an example, if your home office is sometimes used by your kids to do their homework, you will have violated the strict exclusive-use requirement, and the space won't qualify for home office tax deductions. However, if you make the occasional phone call from your home office, you will still qualify, as your space meets the spirit of the exclusive-use test. The bottom line is that if personal activities breach the home office space more than they would at the typical office building, the exclusive-use test will not be passed. The Regular Use Requirement Though there is no exact definition as to what qualifies as “regular use,” simply using an otherwise empty room of your home on occasion for business purposes does not meet the regular use test requirements. Yet using the home office for at least a few hours per day will likely suffice to meet the regular use requirements. A Look at the Principal Place of Business Requirement Aside from passing the regular-use test and exclusive-use test, the home office must serve as the principal location of the business or a place where one regularly meets with clients. This means even an employee that has a part-time business based in his home can pass this test although he spends the majority of his time at his employer's office. The key question is what constitutes a business. One's efforts must generate money, yet the specific circumstances of how money is made are of the utmost importance. If these money-making activities are substantial in regards to time and effort, there is a greater chance the principal place of the business requirement will be met. A great deal of nuance goes into the tax laws that apply to at-home businesses, and it's best to speak with a tax professional to understand what laws apply to your own space. About The Author: Ryan Tollefsen is the founder and team leader of Unity Home Group. Ryan specializes in negotiating offers, marketing, managing the team, setting goals and achieving them. I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Running_Your_Contracting_Company_From_Your_Home_Office
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0221 And It Will Be About Contractors of all sizes must be adaptable to change Every time the phone rings you need to be willing to question what do they need are how far are you willing to drive to bid the job and do the work. Some types of work accepted or rejected may be based on the location of the job or by the state license. When starting out one of the first decisions to be made is “What Type Of Contractor Am I?” This decided during the process of the contractor talking to the Bonding Company, Insurance Company and The State Licensing Board who approves the company’s Contractors License. The Primary Questions to be answered are: What level of exposure, risk and your skills? How do you want to do these projects? Are you most comfortable being a Handyman? Are you most comfortable being a Trade or Specialty Contractor? Are you most comfortable being a General Contractor? Are you most comfortable being a Remodel Contractor? Are you most comfortable being a Home Builder? The Four Types Of Contractors... Dog And Pick-Up Truck This Wonderful Soul - Has a heart as big as the outdoors and likes working alone. They are easy to get to know. They usually have either a pick-up truck or a van with a dog sitting in the passenger seat hanging his head out the window watching and occasionally barking hello to folks and other dogs while feeling the breeze as the contractor zooms down the road. They Do Not Think About - Retirement and when asked about it the reply I get most often is something like “Retire, nope, I don’t need new tires yet”. These Contractors - Enjoy being their own boss, doing what they want when they want, how they want and works hard. They typically do not feel the need or desire to grow the business or hire employees since they would only get in the way. Most Of Them - Run their business as a sole proprietor They Generally Earn - $20K to $40K a year after all expenses Salt of The Earth This Wonderful Soul - Also has a big heart; just not quite as big as all outdoors. They like having employees because they do not want to work alone. As their business grows they like to take time off and enjoy travel and vacations. These Contractors - Have one, two or three employees because when the employees get out of line the contractor can hold two of them by the throat; one in each hand and eyeball the third one! This is called “Construction Management” This Group Will Usually Invest - Some money to build a retirement nest egg. Most Of Them - Operate their business as a C-Corporation, LLC or Sub-S They Generally Earn - $40K to $60K a year after all expenses The Professional This Wonderful Soul - Also has a big heart; they just tend to keep it under cover. This group tends to have more employees and have a structured approach to their construction company treating it more like a firm. These Contractors - Tend to have 1-20 employees with formal organizational charts, processes, and systems in their contracting businesses including a formal documented business plan which is updated and reviewed regularly with a board of advisors as outlined in my article on the subject. They Invest Heavily In Marketing - Their businesses. They understand their target market, they use The 80/20 Rule to understand the demographics and psychographics of their prime customer, the ones who generate 80% of the cash and income. And they seek to acquire more of them and will do whatever is economically feasible to turn those customers into lifetime repeat business. This Group Usually - Engages the services of a competent financial planner, banker, and accountant to work together in helping plan and develop a financial estate that can take care of them in their senior years and be passed on to future generations. Most Of Them - Operate as a C-Corporation, LLC or Sub-S or Partnership. They Generally Earn - $100,000+ a year after all expenses The Enterprise Level These Construction Firms - Have 100+ employees and generate enormous revenues. Most of the owners and managers earn about the same as a well-run professional contractor. In a lot of cases, their life span is shorter than any of the other contractors due to the enormous stress they suffer trying to navigate their construction companies through the ups and downs of the Business Cycle. The Managers Deal With Issues - That are beyond anything the previous groups even think about, including labor unions, government oversight, massive risk and are constantly under pressure to increase shareholder value at any cost. Seagull Management - All too often a board member or powerful outside influence without a clear understanding of all of the moving parts involved in running this type of company feels the compelling need to fly in, crap on everything and everyone with their crazy ideas and fly out leaving a disaster to unfold. Then when things go bad the managers are the ones most likely to pay the price. The Odd Thing Is - It always looks like a fun job until someone gets into it. Having worked with a few of these firms I understand the enormous pressure they are under and have decided my life is too short to spend one more minute with them. All I can do is pray for the managers and ask that all of them will receive divine guidance to stop them from making a long-term decision like suicide or worse, based on short-term problems. I Am Sincerely Concerned - About the health, wealth and spiritual well-being of all contractors and have found the other three types of contractors to be well grounded spiritually; however, since I am aware of the special challenges of running an enterprise construction company I sincerely ask you as a friend; someone you may not have met, and may never meet on this plane of existence, that you will seek the goodness of an everlasting and ever loving God, whatever you conceive him to be, so we can meet in the future in a better time and a better place. If You Are A Contractor - It is not about the type of contractor you are, how many employees you have or how much money you earn. It is all about life, liberty and the pursuit of happiness. Be the type of contractor that suits you, do the work, you will have results and enjoy yourself. The Final Observation - I will share is that you deserve to be wealthy because you bring value to other people's lives and do not let anyone tell you differently. The rules for contractors vary by state. In several states, it is the size of the job that dictates the type of license is required. (Everyone can start out as a Handyman and work up to being a General Contractor). Specialty licenses are required for Plumbers, Electricians, and others. Again – Plumbers and Electricians start out as “apprentices” and work their way up to “Journeyman status” What Type of Construction Work Do You want To Do? Residential Commercial Tenant Improvements Service and Repair New Construction Remodels Once a contractor figures out “What he or she wants “To Do” the next step is consulting your State Requirements” (and skills). Next Decision: “Where Do You Want To Do It?” (Location, Location, Location) Big City Medium City Bedroom Community Large Town Small Town In the Country In a small town, you usually have to travel farther to the jobs. In a big city – it is not practical to spend hours of windshield time versus choosing closer jobs. In bad traffic, the travel time could be the same. Travel Time is part of overhead and Not Billable To The Customer. How far do you want to travel? How far away will you drive to get to the job? How long are you willing to be “stuck” in traffic? Choosing the time of day can be as important as choosing where to travel. Watching the news this morning it was saying between two cities (Seattle area) southbound on the freeway travel time was 82 minutes. Northbound between same two cities travel time was 23 minutes. When a call comes in – you are for lack of a better term. “On the Hot Seat.” You want to say Yes, I will come to no matter what or where the job is. The reality that may not be practical. You are always doing a fast filter trying to decide to get more information about the job or have enough information to let it go. Are you skilled to do what the customer would like? Is the job something you normally do? Is the job the right size of job? Where is the job located? If you have just finished a job and a neighbor down the street of that job comes over and asks you to come look. You are more likely to “Say Yes” I will see you next because you are right there. A small job might have the potential of becoming a larger project (you won’t know unless you go look). Even if the job is much smaller than what you usually accept. Again, you are more likely to “Say Yes” because you are right there. If that same person called and you were on a job 82 minutes away in bad traffic you may have a different answer. Just starting out as a contractor. Then you will more than likely be more willing to take on all sizes of jobs. Contractors in smaller towns “Do A Little Bit Of Everything” from service and repair on leaky faucets to kitchen and bath remodels, to whole house remodels, to tenant improvements and new construction. Why are they so flexible? It is because the work is not so plentiful that they need to have a broad skill base and willingness to work on almost anything to make a “decent living.” In the bigger city, they would be a “General Contractor.” In a smaller community, it is called being a “Generalist”. A word of caution about working for almost exclusively for a single contractor. Seems easy; if there is lots of work coming in, I’m asked “Why do I want to work for other contractors? Short Answer: Taxes and Penalties. Every State Government (Worker’s Comp | State Unemployment) is looking for additional Tax Revenue. If you are working for a single contractor The State may classify you as an Employee. The penalty is issued and payroll taxes are due. Do what I call: Playing Within The Lines! Explanation From Taxing Agency: Is that you have a Contractor’s License only to avoid payroll taxes Of course, once a State Agency determines you are an employee, the IRS will also want payroll taxes. The downside of working for a single contractor. Everything is great as long as you are getting along. What is the contractor suddenly doesn’t like you, decides to discount your invoices, refuses to pay you? You could go from a situation where you have a stable contact situation to Oh Crap – Now What Am I going to do? I recommend all small contractors (especially those who work primarily as a trade contractor) to find several General Contractors to work for as your primary source of income. Now – next step find other retail customers. Work your neighborhood, the neighborhood of existing and previous jobs. If you have only small bits of time – Great look for small jobs. Help the senior citizens in the neighborhood. Why – you are looking to increase your customer base (headcount). Need to document that you are NOT working for a Contractor of One. Ask for referrals of other contractors. Everyone has jobs that are “Too Big” or “Too Small.” Working together with other General and Trade Contractors to find customers you can avoid being classified as an employee by a State, Local, Federal Government Agencies. Another part of the rules to document you are operating a “real business” Advertise. Have a website, get business cards, hand out flyers. The next piece is to have an “outside accountant” (who has a business license). Again you are documenting you are in business and not working “under the table” as a 1099 employee. Think, Save a Little, Plan a Lot. The economy always has peaks and valleys. No one expected the last recession to last as long as it did or impact as many people. Contractors were hit the hardest because it was a domino effect. Banks stopped lending; called loans due. Contractors couldn’t pay or get paid. Many former contractors are just now thinking about going back into the construction business. In a former life, they had lots of employees and a full accounting staff. In many cases, contractors were left with HUGE debts and long-term payment plan to the IRS. I hear more from Contractors who “Had Issues” over Contractors who sold everything and have been “Coasting Nicely” these last few years. Some Contractors who are starting over just want a “Little Help.” For them, gone are the days of High-End Accounting Software and a huge payroll. The High-End Accounting Software still exists. Contractors love the price of an under $500.00 one time cost accounting software but they may struggle with having to make the choice of having “fewer Reports” to work with. What is not there is The Contractor who remembers the Pain of Yesterday having the willingness to immediately “Step Up and Purchase” expensive Accounting Software. When starting over – Going back to where these Larger Contractors were before is usually not the first choice and may not be feasible from a credit or cash flow standpoint. Others are downsizing from Specialty Accounting Software to QuickBooks Desktop Accounting Software. Another change I see is that contractors are looking for more Specialty Trade Contractors where before it was all “In-House Employees.” As a Contractor, you want to get paid easier and faster. The answer is to have a Stand Alone Invoice or Web-based invoice that is easy to understand. Builders, General Contractors, and Homeowners just want to be able to easily understand your invoice and pay you. Customers want to pay using their credit card. The harder is for the Customer to understand what’s due the longer it takes to get paid. Have you laid out a payment schedule? Is it Due on Completion, By Date or By Milestone of the Project? No one likes to receive a “story problem” where they have to figure out How Much To Pay You. An example is using a “Long Winded Email” as an Estimate, Proposal, Invoice and Payment Receipt. Yes – We Can Help! We Setup QuickBooks for more than 100 types of Contractors, enter in previous accounting from a mutually agreed date, continue with ongoing Bookkeeping needs. Use QuickBooks Desktop in a cloud environment, it is optional that our clients have access to the QuickBooks file. With our processes and other add-on software, we make it easy for our clients to send, access documents and reports. Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 Other clients after their QuickBooks file is setup choose to stay on the Cloud Server, do their own bookkeeping and request an additional accounting, bookkeeping and consulting assistance as needed. To be better able to assist, we have added our FastEasyAccountingStore for the convenience of clients who want to do their own bookkeeping and need additional Chart of Accounts and Items Lists to make their QuickBooks File work more efficiently. Looking forward to being of assistance. Enjoy your day. Sharie I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Enjoy your day. Sharie About The Author: https://www.fasteasyaccounting.com/free-one-hour-consultation-bookkeeping Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or sharie@fasteasyaccounting.com Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Highly_Profitable_Contractors_Continually_Adapt_To_change
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0220 And It Will Be About Contractors Are Skilled In Construction But Not Usually In Construction Accounting Almost every Contractor understands how to do basic repairs and remodels on a house. As the project grows it gets a little more complicated. Is it a kitchen remodel, a bath remodel, upgrading the laundry area? Building a Deck? Adding a second story addition? Adding a garage? Your Construction Accounting System started small and easy. Perhaps you tracked everything with bank statements and Excel sheets and it worked fine for a while. Later as your Construction Company grew and you began to wonder where you are making and losing money (Job Costing) and you realized you need to better understand Construction Job Cash Flow you purchased QuickBooks thinking it was "Quick" and that is when the trouble started... Each type of project takes planning and skill. Doing a teardown and then building a new house? Oh, maybe the zoning does not allow for a new house so technically it is a major remodel keeping a certain amount of square footage of the original house. A brand-new contractor without a background in larger projects typically is not going to immediately jump into a large remodel. Someone who has done lots of remodels may not be comfortable building a new house from the ground up. Decisions in any project are what level of quality of the work, how much detail, the size and the material needed to complete the job Decides How Much It Costs. Is a Cottage or a Mansion? The area of the country makes a difference. For Example, a $500,000 house in one part of the country could be a two story, 4 bedrooms, 2.5 baths and a wraparound porch. In another part of the country, it may be a 3-bedroom rambler and a carport. The cost of material may not be a lot cheaper in one area over another. The price of sheetrock and lumber increased in Seattle after Hurricane Sandy and Hurricane Katrina. Local labor may be different. The skillset needs to complete the Handyman Repair, Installation of Plumbing, Heating, Electrical, Roofs, building the Additions on a House, creating a whole house remodel or building a new house are not the same as being able to track all of the expenses and do all of the bookkeeping properly. Construction Accounting and Regular Accounting require entirely different skill sets. With an Excel Spreadsheet, quite a lot can be done to know your costs and track the bills that need to be paid. Many contractors have done this for years. Turning in the spreadsheet and a pile of paperwork to the Tax Accountant to file the annual taxes. If the Tax Accountant has worked with you for years; they understand your method and figure out a workaround. Some will setup QuickBooks Desktop or some other software to create monthly, quarterly numbers leading them to the annual Profit & Loss and Balance Sheet needed to file your annual taxes Your Banker is not quite so willing to do “try to figure out” your financials. They have a limited amount of time to make a presentation to a Loan Committee. Financial Statements from QuickBooks make it easy for your Banker and the Loan Committee to compare financial statements between applicants. Some contractors have the benefit of being in a small town, where their banker has known them for years. The decision process is more informal. As Bank Regulators have gotten involved with the decision process – what was a simple “Yes” decision may suddenly be “No”. A lot of Home Builders got caught up in that loop and lost property because could neither sell or refinance. Are you counting on “The Kindness of Others” (to quote slightly from a classic movie) for solutions to your lack of good bookkeeping? Sometimes it is harder to avoid doing something than it would be to find a qualified “Construction Bookkeeper” to do the Bookkeeping for your Construction Company. Here is my parental side showing. Many times our kids would spend more time avoiding their homework, cleaning up their rooms, doing chores and explaining “Why It Wasn’t Done” or “Why They Shouldn’t Have To Do It” In many cases more time was spent explaining than it would have taken to do it. As Construction Accountants, we understand there are “Too Many Tasks” and not enough time in the day. This is “Why we develop processes, procedures, use Software and app’s” to make it as easy as possible for our clients. As Contractors, it is not that you can’t do it but is it the “Highest And Best Use of Your Time” Wow – I’m positive you can enter in fuel slips into QuickBooks. Might be a better use of your time talking to a prospect, looking at a job, creating an estimate, writing up the invoice, or collecting The Money, going to the Bank to deposit the Money, paying your insurance, cleaning your truck and even sleeping. The Basics in our world is the Five Key Performance Indicators plus Job Costing. Sometimes a contractor is so busy trying to get super detailed that they miss the basics. I make recommendations on what I call Sharie’s Cash Management 101 – Get the Money. Think about the Five Key Performance Indicators like the dials on your truck dashboard. Washington State it is a sales tax driven state, is your state the same way? One issue Contractors discover is that Sales Tax is due at the time of purchase unless they have a Reseller Permit (issued by the State of Washington) Sales tax reports are due monthly, quarterly or annually. Some items purchased is considered “Consumables” – Suppliers have the exact list. If a purchase is made on April 1st with sales tax paid to the source (supplier) and if the Tax Return is paid Quarterly – it is due on July 31st, therefore, sales tax was paid months earlier than necessary. · This impacts cash flow. · Failing to Get Job Deposits. · Failing to outline payment schedule with the client on larger projects. · (Paid Weekly, Bi-Weekly or by Milestone of the job). · Failing to send the “Notice To The Owner” and relying on the “Notice To The Owner by their Material Supplier” This is helpful but only to the amount of the material bill. · Failing to get Signed Change Orders. · Customers versus Clients remember the deducts and have memory loss on the increases. Construction Bookkeeping is more than Balancing the Check Book (which is important) Receiving actual bills from your subcontractors. Have you set a schedule on “How and When” you are paying subcontractors? Is it tied to the same schedule you are billing your client? Money In and Money Out. Just because you have money in the bank from the last project does not mean you should delay or ignore billing on your current projects. Remember you have outstanding liabilities coming. Here is what is coming: Material Suppliers on 30-day accounts, Credit Card payment for purchases paid for, Payroll Liabilities, Sales Tax Liabilities, Worker’s Compensation, Liability Insurance, Vehicle Insurance. Bigger costs like Vehicle Repairs, Down Payment on a newer vehicle. That marketing budget for business cards, flyers, online advertising, upgrading or updating your website. Adding GPS tracking, software, and your Construction Accountant. It all takes money from someplace. Even if it is from a line of credit; the bank wants to see financials not some scribbled notes on the back of a brown paper bag. Frequently Asked Questions From Contractors: Am I too small for you to help? I am just getting started. My answer is No - You Are Not Too Small. We have a plan for the Brand New and Existing Small Contractors. Shouldn’t I learn how to do all of my own bookkeeping before turning it over to you? My Answer Is No – It is not possible to be an expert in everything we do. Learning what receipts to keep is more important than learning “How To Put Them Into QuickBooks When I hire you – Will do everything for me? My Answer Is No – You will continue to control the money. We are here to help, but all final decisions on How Much To Bid the job. What, When and How Much to Invoice your client is your decision. Who to pay and when to pay them is also your decision. We have a Document Management System that links to your banks and credit card companies. We receive feeds (copies of the transactions) after they have cleared the bank, plus the monthly statements. We will still need to receive Customer Invoices. Currently, provide to our clients a Stand Alone invoice built on Excel. Coming Soon: We are evaluating a web-based software that works with QuickBooks Desktop for Dispatching and Invoicing for everyone’s convenience. Will keep you posted on our progress. Not all software works as well as advertised which is why we test, test, test before using it or recommending it. The only money we touch is our own Fees. Auto receives for Monthly Outsourced Accounting and Bookkeeping Services on the 1st day of each month. Auto receives for Weekly Outsourced Accounting and Bookkeeping Services on Monday of each week. Other Customer Service Options Available Cloud Hosting is available for clients who want to do their own Accounting And Bookkeeping but be on our server for web-based access; occasional review and support. FastEasyAccountingStore.com is available for all contractors who want to purchase QuickBooks Setup and / or QuickBooks Chart of Accounts to enhance their existing QuickBooks accounting systems. Consulting is available to Outsourced Accounting Clients, Hosted Clients and FastEasyAccountingStore.com and all contractors around the world. Looking forward to being of assistance as you choose the options that best fit your needs. Enjoy your day. Sharie About The Author: https://www.fasteasyaccounting.com/free-one-hour-consultation-bookkeeping Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or sharie@fasteasyaccounting.com I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Episode_Contractors_Are_Experts_In_The_Field_Of_Construction
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0219, And It Will Be About Unique Proven Marketing Tips For Your Contracting Company For Most Construction Contractors Your World Is “Hurry Up” And “Wait.” Hurry up and answer the Call from the Customer. Wait to make the appointment. Hurry up and get to the job. Wait for the Customer to come home, to be available. Hurry up and create the proposal. Wait for a decision. In some cases, the Customer says “Yes” and then it is Wait for the Job Deposit. Wait to Start The Job Contractors doing Insurance Work are expecting to wait for Approval from the Insurance Company Wait for the 1st Installment from Insurance Company Wait for Inspection By Insurance Company Wait to collect Homeowner’s Deductible Wait for Final Payment By Insurance Company All of this Hurry Up and Wait for activity makes it hard for The Contractor to schedule other jobs. Many contractors are only holding a place open for the customer once a job deposit has been received. There Is A Better Way - Fill The Funnel And Let Them Clamor To Get On Your Schedule! Unless your Construction Contracting Company has lots of work stacked up, there will be times when there is nothing to do, and that is the best time to think about Strategic Marketing and following the adage: "Dig Your Well Before You Are Thirsty" Everyone over a certain age remembers the Big Telephone Book with Lots of Yellow Pages The Telephone Books was so thick that it was the first thing used as a “Booster Seat” for little kids at Holiday Dinners. Those days are gone along with the Full Page – Triple Truck Ads. Today’s telephone book is small, thin and looks closer to an oversized paperback book. Remember the Thomas Guide Map Books. Everyone had them and bought a new copy every year. Today it is the world of internet marketing and phone apps. When in doubt – Google It, Bing, Safari, or search on Yahoo. There are other places, but these are the most common. While waiting for something to happen here are few companies that may help generate leads Here are a few of my favorite companies that provide services that are helpful to contractors Home Advisor – Marketing Nationwide - http://www.homeadvisor.com/ The best part is that you choose the areas you want to work and the types of projects you'll service. They have resources on the pricing your construction services HomeAdvisor is the place to be found - here's why: • Over 12 million project requests in the last 12 months • More than 5 million reviews submitted by homeowners • Nearly 140,000 service pros in their network Houzz.com - Marketing Nationwide - https://www.houzz.com The website for Contactors to Market to Homeowners and upload pictures of past project Footwork Express – Marketing to Real Estate Agents - http://www.footworkflyers.com Real Estate Agents need the assistance of contractors to put their listing in the best light Footwork Express Provides Real Estate Marketing in King & Snohomish Counties They deliver flyers, postcards, counter card promotions to Real Estate Offices They work with Builders, Agents, Marketing Cos, & Companies with Services which Help Agents List & Sell Homes Deliveries are Posted on their Home Page with the link to our client's website if available They also post the Flyers on their Facebook, LinkedIn & Twitter Postcard Mania – Marketing Nationwide - http://www.postcardmania.com/ Business Cards and Matching Postcards that you can pass out or mail Business cards never go out of style – the just seem old fashioned When the internet goes down, or customers do not have Smart Phone that trusty business card comes in handy Your Construction Company Business Card Should Have: Your Company Name Your Company Address Your Contact Info Your Company Web Address Your Company Phone Number A business card is two sided – print something on both sides. Add a Flyer-like the one you used with Footwork Express and do a little “toe & heel work.” In other words Market, Market, Market. Pick a neighborhood that is profitable to you. Pick a neighborhood you know. Pick a neighborhood that is developed with sidewalks. Get in the Habit of passing out cards. Our Marketing Favorite is called “Six Pack Marketing.” 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 set up 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 something like "Hello, my name is ----- and we are doing a construction project for your neighbor ------ and I just wanted to let you know that if any of our trucks or vans get parked in your way or if you have any concerns about what we are doing you can contact me personally and I will handle it." WOW! You will amaze and delight them! Now do the same for the six houses across the street and when you are finished if nobody has asked for you to "stop by and see about a construction project" at their house you re-visit them and ask if he or she were inconvenienced in any way. This works because most people are curious about what is going on their neighborhood. Numbers, Numbers, Numbers! In baseball, if somebody hit home runs 30% of the time they went up to bat they would earn a lot of money. Most of the time you will not find new work in the neighborhood; however, if it works just 10% of the time and one more person hires you then repeat the six pack again, and in most cases, human nature is "Me Too, Me Too!" Nobody wants to be left out, and very quickly you are getting a backache hauling all your money to the bank! Now for the big news Figure out how much money it costs to "Mobilize" get your vehicles, labor, material, tools and equipment to a job site and how much does it cost to "Demobilize" or reverse the process. Now add an increased efficiency of at least 1% to the bottom line because the crew is familiar with the people and the neighborhood. Every time your contractor six pack works you just put that "Mobilize and Demobilize" money and the 1% increase to the bottom line in your "vacation, retirement, kids college fund or whatever makes you smile fund." If you would like to try the contractor six pack but need someone to do it with you and if you are within 20 minutes driving distance from my office in Lynnwood Washington and offer to buy me breakfast ahead of time I could be persuaded to do it with you at no additional charge other than breakfast because I always enjoy a good meal with a contractor! Contact Sharie 206-361-3950 or by email sharie@fasteasyaccounting.com and let her know you are interested in Six Pack Marketing. Alternate Method For Six Pack Marketing If it is a nice friendly neighborhood, the neighbors will be watching your work and come over. Why they might want something done at their house. Neighborhood with sidewalks – walk the block. Years ago we made up packets that consisted of a Door hanger, Flyer, Free Marketing pieces from the supplier, business card and a coupon. Paper-clipped together and bundled in groups of ten: Hired High school kids to work in pairs put out door hangers One driver and one person to pass out They changed who drove and who walked or parked the vehicle Sometimes both of them walked depending on the neighborhood Gave them a street map, a highlighter to keep track of where they had been Usually worked 2-3 Hours productively several days a week Be sure your truck is lettered because it and mobile billboard advertising your contracting company Add a few Yard Signs for the job sites When you see a New Construction Project, there are signs everywhere on the project Why – The Contractors want to have a “Next Job” to go to before this one is finished Coolfront – Invoicing Software Nationwide - http://www.coolfront.com/ The World's Smartest Service Businesses Use Coolfront Mobile.Coolfront is a Mobile Flat Rate Pricing App for Plumbing, Electrical, HVAC. Has the ability to customize for additional services. Designed for especially the Mechanical Trades doing Service and Repair. Anyone who has had to build a Flat Rate Pricing Guide appreciates all the built-in features. Construction Document Collection and Management System We are always looking for a software to use internally, and you help you. Clients love the new Document Management System that links to their Bank Account, Credit Cards and can send other documents to it and they can view 24/7 previous documents sent. Our system automatically pulls your bills and statements into one secure hub. This means you have one login to view and manage the documents from all of your accounts. No more logging into ten different sites each month to gather your recurring bills. Already A Client? Click The Logo Below To Login To Your our systeem Three ways to collect paperwork to our systeem: 1. Snap a Photo with the App Simply take a photo of your receipt, invoice or bill with the mobile app. our systeem scans, extracts, and stores your documents, ready to be published. 2. Forward your Email Paperwork When you become a client, our systeem automatically creates a personalized email address just for you. Email in your documents, and we'll do the rest. 3. Scan/Upload your Documents If you've already scanned your receipts, invoices, statements or bills, you can upload them directly to our systeem and the software will extract the key data for you. Safe and Secure! our systeem uses bank-level security to ensure your data is safe. This includes 256-bit encryption, SSL/TLS, and a Premium Extended Validation certificate -- as well as monitoring and verification from McAfee & TRUSTe, the trusted industry standards in data security. Simplify and Go Paperless! Your important financial records are organized automatically for you, backed up forever and available on any device. our systeem is your digital filing cabinet in the cloud. TSheets – Time Cards Construction Contractors And Their Empolyees Love - http://www.tsheets.com/ Whenever possible, we try to use the services before recommending them so yes, We use T-Sheets. Coming Soon We are currently testing a Dispatch Software with built in estimates, invoices and merchant services. It is a game-changer in the world of dispatch software because IT ACTUALLY WORKS! This particular dispatch software works with QuickBooks Desktop on your desk or in our QuickBooks Desktop in the cloud, and it will be a help to all contractors and the technicians and customers. Fast Easy Accounting Store - QuickBooks Setup and QuickBooks Chart of Accounts For Construction Contractors We are adding content to www.FastEasyAccountingStore.com to meet the needs of the Do-It-Yourself Contractor. This is helpful to our US, Canadian and other international contractor friends who want to purchase QuickBooks setup Templates and QuickBooks Chart of Accounts for their specific construction company. Short List Construction Contractors We Serve Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 As summer is approaching here is wishing you a safe trip as you go about your adventures. Enjoy your day. Sharie About The Author: Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or sharie@fasteasyaccounting.com I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Unique_Proven_Marketing_Tips_For_Your_Contracting_Company
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0218, And It Will Be About Multiple Contracting Companies In QuickBooks Leads To Catastrophic Ruin Contractors, Bookkeepers and Tax Accountants are trying to keep everything all in one place. That is great. A single bank account on the surface is the answer in simplicity. Sharie’s Cash Management 101 Training I Teach Contractors Please Do Not Do This! Why – when putting everything in one bank account; it could be a FINANCIAL DISASTER. Go to Home Depot, Lowes or any other larger store. Use your debit card; Drop or lose your debit card, Someone finds it and buy stuff until he or she have spent all your money! (may be a little harder with the chip but how many places can you run your debit card as a credit card?) The point is that within a short time – All the money could be GONE! ALL THE MONEY COULD BE GONE BEFORE YOU REALIZE THERE IS A PROBLEM All the money is all the money and losing it could put a company out of business Just as there are Common Sense rules about Sharie’s Cash Management 101Tips, there are common sense rules about mixing multiple companies in a single QuickBooks file: Does each company have its own Federal Tax ID number? If Yes, The Company needs its own QuickBooks File. Everyone can own Multiple Companies Depending on the structure if the financial statements are on a Schedule C And 1040 or 1120S (S-Corp) or other return that in turn rolls up into The Contractors personal 1040 return. The annual tax return is pages and pages long (feels like a zillion if you have to make paper copies) Your banker wants the 1st two pages of your personal 1040 Annual Tax Return. If you need commercial accounts, Dun & Bradstreet wants the 1st two pages of your business tax return. Why because the 1st two pages is the summary of all the pages and worksheets that follow? As a Construction Contractor, you need the details of the balance of the pages to run your business. How do you know how much money each company is making? I can think of several examples of multiple companies being in a Single QuickBooks File. Husband has a Construction Company and Wife has a Non-Construction Company all mixed together. Next example: Construction Company, Non-Construction Company plus a few Flipper houses for friends, and a few rental homes for themselves. Add in a few side jobs that are Professional Services. The word MEGA-MESS comes to mind: The Liability Insurance Company will take the easy way out. What are Gross Sales for a specific date range? (all companies combined) The IRS will take the easy way out – You have one Federal Tax ID number Your Worker’s Comp Program will take the easy way out – What is the highest rate for the tasks? Apply that rate to all employees regardless of what their duties are (or which company) I know of a small company that everyone is charged the same Worker’s Comp rate because the combined office and shop space is small. In Washington State – Plumbers are at the field rate for workers comp even when they are cleaning their truck at the shop. Why? Because Labor & Industries “Says – cleaning the truck is all part of the job.” No Lower Shop Rate is allowed. Overhead is different for each of the following companies: Construction Company Non-Construction Company (could be day care, hair salon, espresso stand, etc.) Construction Management Services for Flipper houses for friends Professional Services as a 1099 Contractor Flippers House turned into Rentals Flippers House Sold Rental homes Mixing Companies in a Single QuickBooks File: I can tell you "Please Don’t Do This!" Your Tax Accountant can tell you, "Please Don’t Do This!" Your Banker can tell you, "Please Don’t Do This!" The one person who won’t tell you not to do this is the In-House Bookkeeper. Why? They want to keep their job! The Construction Bookkeeper will try to keep your chaos straight and fight a losing battle with reality. What will not happen is good Financial Reports. The “What About’s” is just “White Noise” as The Contractor who insists on everything in a single QuickBooks file against all advice will benefit from “The Mess.” (Notice I did not say benefit in a positive way) QuickBooks Desktop is fantastic for Construction Contractors to get good reports. (Remember, Garbage In = Garbage Out) Reports cannot be better than the information given. Think Lumber – Standard & Better or Stud Grade is much better than the grade that is commonly referred to as airplane propellers. Specialty Lumber Yards have a variety of quality lumber. A single project may have multiple grades of lumber. It’s a Science to use the right piece of lumber in the proper application to last the longest. Basics are that you can pound a nail in every kind of wood. Next Question – Which type of nail? Everything about Accounting Especially Construction Accounting is the intertwined: There is a proper setup for Construction Contractors for good job costing reports. There is a proper setup for other Non-Construction related businesses Do you really want all the customers to all of the other business mixed into the Contractor QuickBooks file? Do you really want to be paying a higher liability insurance because it’s easier for the insurance company? Do you really want to try to add | subtract | tweak | remember What does count? What doesn’t count; when trying to figure out if you are Making Money or Losing Money. And if so – Which business is the Good One, and you want to expand? Which business are the Bad One and you need to let it go? Are you trying to re-invent the Wheel? Are you just trying to Be Cheap? I would like to believe that you have a real desire to make changes that will make the lives around you easier and therefore you will get the financial and other job costing reports easily and efficiently. Of course, if you hired an Admin Assistant who is expected to act as your Office Manager |In-House Bookkeeper and has No Bookkeeping or QuickBooks Skills than you pick the phrase that best suits you. My suggestion: Sometimes More Is Better! Be open to Multiple Company QuickBooks files. Each Company should have its own bank account and their own credit card accounts. Rental Property: Use QuickBooks or specialized software for Rentals. Rentals have different needs. With messy QuickBooks – each time money is moved between companies it usually Looks Like Income and by default treated as Income, and you could pay far more in taxes than you saved by mashing everything together. Government Agencies are always happy with messy books and over reporting of income and under-reporting of expenses. Your checkbook may not be so happy when it comes time to pay the taxes. Annual Federal Income Taxes Self-Employment Taxes State & Local Taxes Licenses & Fees Sales Tax Looking forward to helping you make 2017 be a Better Year? Thinking Happy Thoughts. Sharie I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Multiple_Contracting_Companies_In_QuickBooks_Leads_To_Catastrophi
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0217, And It Will Be About Untrained Bookkeepers Are Too Costly Construction Bookkeepers Without Training Is A Common Problem Many Construction Bookkeepers start out as Admin Assistants and get promoted to doing the Contractor's Bookkeeping in their free time. They were not hired to be a bookkeeper but as an office person who does a little data entry. This method not too bad if the employee stays a long time and grows with the company from owner working solo to gradually adding a few employees one at a time because as Randal says: Growing By The Inch Is A Cinch; Growing By The Yard Is Hard! The Term Is Commonly Known As “Grow Your Own.” This trusted employee ends up learning: How To Do Payroll For Construction Contractors How To Do Quarterly Payroll Reports For A Construction Company How To Do W-2’s For Construction Company Field And Office Workers How To Do annual 1099’s For Construction Company Subcontractors How To create Customer Invoices For Construction Contractor's Clients How To Call The Contractor's Customer And Ask For The Payment How To Choose What Are The Most Critical Bills To Pay. (Nasty Phones Calls Are The First To Be Paid!) Over the course of time, the in-house Contractor's bookkeeper / office manager develops new skills. They keep adding them as each new crisis occurs. Every day someone calls upset, dazed and confused spouses, girlfriends and overwhelmed Contractor's Bookkeepers asking for me to “Please Help – I am so overloaded and frustrated because QuickBooks is a Mess!!" I recently spoke with someone who wanted to make a few improvements to their business. The company had over 20 employees, and their in-house Bookkeeper was creating payroll Weekly from paper time cards. (which most of the time arrived late). It was Normal for their Bookkeeper to spend hours just trying to read the scribble and make sense of the time cards. The Contractor's Bookkeeper had the added challenge of matching up the hours to the jobs for proper job costing. A frustrating nightmare for the bookkeeper. All of this means The Contractor has been successful in growing the business. This is very good. The bad news is that the in-house Bookkeeper is overloaded and a lot of your profit and hard earned money is going to fall through the cracks. As The Contractor, You Are Paying The Price In The Form Of: Fines Penalties Late Fees Unbilled Change Orders Unsent Invoices Bounced Checks Lost Bidding Opportunities Little Leaks Sink The Big Ship Several Ways You Can Improve In-House Bookkeeper's Life And Grow Your Profits And Your Cash Flow Upgrade Computer to a new and faster box Get new monitors that are larger and with better resolutions Add a second or third monitor for more productivity Upgrade the office chair the in-house Bookkeeper uses Double check the phone – is a new phone needed Would a wireless headset be helpful? Any Investment That Saves Ten Minutes A Day Of Waste Will Pay For Itself And Pay You Ongoing Dividends Ten Minutes Waste Kills Your Construction Company Profits Profit Drain #1 In-House Bookkeeper Until Your Construction Company - Reaches at least $5 million in annual sales you cannot afford to hire a qualified bookkeeper or construction accountant. For Example - You Hire someone with bad habits which is a Cheap Bookkeeper part-time at $15.00 an hour for 10 hours a week thinking you will save money. The problem with that is you may not understand the true cost to have them on your payroll, including overhead, is closer to $25.29 per hour. See the chart below: Every Ten Minutes Your Bookkeeper Is Costing You $4.21 And Could Cost Your Company $273.93 Every Year At 10% Profit, You Need $2,739.30 More Sales To Maintain Profit Margin In Some Cases - We can do more work for less money by providing you with real construction bookkeeping and accounting + payroll processing + monthly and quarterly tax reports + year end W-2, W-3 + profit and growth management consulting + financial and job costing reports + paperless data storage and more at a lower overall cost and as an added bonus show you how to make more money than you are now! Cheap Tools And Equipment - Cost a lot of money that you cannot see; out-of-sight means out-of-mind. Invest in the best tools and equipment you can afford because in the short run you will save money. Construction workers who take pride in their work produce better results faster with fewer repairs if they have quality tools and equipment. Make More Money Faster - With productivity gains. See the chart below: For Employee #01 Could Cost The Company $1,544.42 Each Year At 10% Profit, You Need $15,544.20 More Sales To Maintain Profit Margin For Example - Your best construction worker asks for a tool: It costs $1,200.00 It will save ten minutes a day in labor It will last 3 years The standard response is the company can't afford it! Highly Profitable - Construction company owners ask their construction accountant to calculate the projected the Return on Investment (ROI) is and then consult their Strategic Business Plan to make an informed decision. In This Example - It may make sense to finance the purchase even if it means using a credit card at 12% interest because the net return is $3,289.36 which is 245% ROI. See below: Two Contractors Doing Similar Work - For similar customers with the similar direct and indirect construction costs will have massively different KPI Reports including the Profit and Loss Statements. Size matters when it comes to piles of money and bigger profits! Before Computers – I Spent Hours Testing Adding Machines A comfortable easy to use set of keys meant I could work faster. By Touch, how did the keys feels, how stiff was the keys. How LOUD, could I use it and still answer the phone? How durable was the adding machine? Just as the Right Tool is important to you and your Field Employees. The Right Tools in the office has made the work of the In-House Bookkeeper easier. The in-house Bookkeeper is a key player in your organization. Everything in the office this them is their “Tools and Equipment.” Do you know what 10 minutes are costing you? Can that same 10 minutes be used for something more important? Think of all the tasks you are having your in-house bookkeeper doing. Now how many of them can or should be done by someone else? In the beginning, there was no one else but you and your Office Assistant. The Office Assistant slowly evolved into being the in-house Bookkeeper. Before your know it the title Office Assistant no longer applies. Now the proper title would be Office Manager and be the in-house Bookkeeper as time permits. In several blogs, I have quoted saying of my Father and my Brother. Here are some of my Mother’s favorites. When being overloaded with “Things To Do” is really being “The Chief Cook and Bottle Washer” who is willing to pitch in (or by necessity) wherever and whenever a person is needed. The phrase “Is That My Job Description” never applies to this person. Another one of my Mother’s sayings was in relationship to housework when there was a “shortage of time.” She would say we are going to give the living room “A Lick and A Promise.” Meaning we were going to give it a quick dusting, vacuum the center of the room, straighten the nick knacks, fluff the pillows on each end of the sofa. The unspoken was that next time the living room would be vacuumed “Edge To Edge.” The sofa, chairs, tables would be moved and vacuumed under; baseboard would be wiped down. Windows would be washed; drapes would be air fluffed. Feels a bit like spring cleaning. I find reviewing QuickBooks files that many in-house Bookkeepers are giving the bookkeeping “A Lick and A Promise” Shortcuts are taken. Everything is entered into the checking account. Bank accounts are not reconciled. Credit cards, tax payments are all entered into Accounts Payable, so they will not be forgotten. The time or the willingness to “Go Back” and catch or fix the Bookkeeping never happens. My first question is what are the things that someone else can be doing? Would adding an assistant be helpful? Can someone else go get the mail, open the mail, tidy up the office, make the coffee, take out the trash? Would adding a shop person be helpful? Can someone else lift heavy things? (case of paper) Can someone else move that thing? (desk, cabinet Can someone else hang that picture, change the light bulb? My next question is how can payroll be streamlined? Should payroll be Outsourced to a Payroll Service? My suggestion for Outsourcing Payroll is almost always YES! Why - The short answer is: It will free up your in-house Bookkeeper’s time. Next reason is as payroll becomes more complicated as you add more employees a payroll service is on top of the rules. (Washington State added, “Personal Time Off” for 2018. “Personal Time Off” is in effect inside City of Seattle effective in 2017 for employers just passing through (deliver drives, etc.) Still, want to keep the payroll in-house. Add Electronic Time Card. We recommend T-Sheets. T-Sheets if setup properly will sync with QuickBooks Desktop In The Cloud (not all 3rd party programs do this nicely) This will save hours of time trying to read employee’s scribble. I recommend T-Sheets for contractors like you to track your own time. How many times has a project been Time & Material Billings? Now, where are the notes on the job? How much time was spent on the job? Who spent time on the job? With T-Sheets built-in database, it is easy to pull reports based on per employee, by time, or by the job. Having good records is helpful in an audit. Having good payroll records may help preserve your lien rights on a job. Having good records is helpful in billing the customer. Having an electronic timecard with GPS can help keep track of your employees. (Are they working or fishing?) There is no shortage of tasks for the Office Manager | In-House Bookkeeper When you ask for financial reports, the word “Overload” comes to mind. When you ask for job costing reports the “Glazed Look” comes to mind. When you ask for 10 more things to be done “Muttering Under Breath” happens. Understand as The Contractor the person who has the most invested in your business is you. The additional energy to “Get The Job Done” is yours because the company is yours. It is by exception that the most dedicated employee will have the same intensity as you do about your business. Why – because they can clock out and go home. It is you who has to Worry, Wait and Hustle! And sometimes – if you don’t pick up and step up to get the balance of what needs to be done. It won’t get done. We are here to help. We do not try to do it all. Every year we make improvements to our business. Why – To help us help you. I am not excited to pay server fees, but I like the benefit of our Contractor clients and us having 24/7 access to the QuickBooks file if I need it. Technology is everywhere. Email is nicer that faxing documents everywhere. I have on occasion emailed a client late at night or early morning to be sure they know something before their day starts. I am very much a phone person, but I would never call or answer the phone during those same odd hours. Looking forward to Chatting About How We Can Help You Sharie About The Author: Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or sharie@fasteasyaccounting.com I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Untrained_Construction_Bookkeepers_Are_Costly
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0216 And It Will Be About Unique High-Profit Contractors Count All Their Income The Ripple Effect Of Not Counting All Your Income Happens When You Go To The Bank For A Loan You need to be able to show the bank that you have enough sales to pay back the loan. For most contractors, an excessive amount of profit is NOT an issue. There are always more than enough expenses that happen naturally in your Construction Company. And there are always tools that need to be purchased, repaired or replaced. As 2017 tax season is finishing, I have heard from owners and employees who say. This Income or That Income doesn’t count. The fact is it all Counts. The underground economy may be there but don’t count on the information being a secret. Between Memberships, rewards cards and using a credit card purchases are being tracked everywhere by somebody. (Some contractors think buying a truck for cash is not traceable). Play it straight, report all of your construction company income and if your QuickBooks setup is done right and the bookkeeping entries are clean more often than not you may get a big fat tax refund! Merchant Service providers are required to issue 1099’s This means every time you use a debit or credit card the amount, date, place of purchase is recorded and the grand total for the year is reported to the IRS. Web-based services (E-Bay) are required to issue 1099’s is earning are over a certain amount. Casino’s issue 1099’s is winnings are over a certain amount. Construction Company Owner’s issue 1099’s and finally there is a Nanny Tax on household help. Tax Reporting Is Everywhere You Win When You “Play Within The Rules” This Means Don't Cheat Your Own Future, Count All Of Your Income Keep track of all your expenses. Have a good bookkeeping system to calculate the difference between Profit And Loss. Invest is good tools and equipment. Depreciate the high-value items like cars, trucks, vans, tools, equipment and expensive software. We have found that a Professional Version of Construction Accounting software like QuickBooks and Professional cloud-based services have additional value to be worth more than the “Cheap Price” of something less. This does not mean that all expensive software and apps are the Perfect choices based on a High Price – if it is useful, then it may be the “Better Value.” A tiny pickup truck based on price is cheap. But if you need an 8’ bed and are hauling lots of “Heavy Things” than it is cheap but not the best value as a ¾ Ton or 1-Ton Truck would be. Contractors at all stages of their Construction Company have to be price and value conscience. It may be a shock to some, but cash flow issues happen to everyone at some stage in their Construction Company. All it takes is for a few customers with “large invoices” outstanding to delay payments for a long time, and you are experiencing a “Cash Crunch.” Unsigned or forgotten Change Orders can also be a problem. Forget the customer who promises “If you give them a good price on this project – they have several more jobs waiting for you.” (so that you can lose even more money).Click Here to download our FREE Change Order Form on PDF. The challenge for all contractors is How Much to charge for their product and services to make a profit. Picking a Price Point that is fair to both parties. The goal is to always Provide Good Quality Work. Frustration comes when the person they are working for wants to “Nik Them A Little,” then “A Little More” and still expect that The Contractor to be a willing rush to their project, eager to put in another day and do even more “Extras For Free” - Answer is Usually Not! Give Good Value Many new contractors provide “Handyman Services” a low cost to get the additional experience and to show they have clients. Helping The Grandmother down the street and all her friends. This is different from working for a Builder / Developer and discovering they built the house for practically “free.” If you are required to Collect Sales Tax – be sure to have it spelled out in the contract as Plus Sales Tax after the subtotal. Almost everywhere in Washington State sales tax is 10%. Just missing a little thing like charging the Sales Tax (repeatedly) could be the difference between a profitable year or having a loss. Think about the benefits of Flat Rate, Bid Jobs and Time and Material Billing. I know of contractors who refuse to Mark Up Material and do not charge labor to go get the material. If The Contractor’s Labor Rate is high enough this might not be a problem. Many times, when the customer does not want to pay a markup – they also are also looking for ways to complain about the price of material and try to deduct some hours from the invoice. After all – how cool is FREE? A couple of years ago, I had a Homeowner come to my office The Homeowner was very up front that she was trying to figure out a way to not pay the contractor the final invoice. The Homeowner was certain that there must be a way to find a massive discount and avoid paying the final bill. Because we do Construction Accounting, the Homeowner wanted my help to review all the invoices to find anything that would allow deductions. She was very unhappy the work passed inspections, and the Permits were all written off. Contractors need to write clear estimates, contracts, be sure to send Notice To Owners to protect their Lien Rights. We like Zlien The Mechanics Lien & Construction Payment Platform for contractors because: They know when document are due for projects They research documents and sends notices on time They receive, manage, and sends your lien waivers They produce legally compliant forms every time Click Here To Learn About Zlien The Mechanics Lien & Construction Payment Platform for contractors Keep your invoices simple, collect the money. Take Credit Cards from the mainstream processor. Discount for cash if it makes sense. Get Paid - Move On. Count All The Money as Income. A customer’s tip is $20.00 – Even that is Other income on an invoice. It’s the habit. And Good Habit’s will be better for you in the long run. Our parents and grandparents had many “Old Fashioned Saying.” When you think about it – Their sayings usually made sense without being offensive or overbearing while saying them. My Father’s favorite saying was “Tend To Your Knitting” meaning “Keep Focused – Don’t Get Distracted.” My Brother’s is “Don’t Stop” he lives in the country, and they tend to move “Big Things” down a narrow road. For a Contractor in the city, it would mean “If it’s working – keep doing it” (Think Marketing) It annoyed our children when Randal and I would speak in shorthand referencing a movie or a book. Now that they are older – they “Get The Humor” and “The Lesson.” For most of us, our parents and grandparents got smarter the older we got. They let us spread our wings and tried new things. Being a Contractor is like that. Having an idea, a dream and willing to “Go For It” (with the support of others) There is no book with the perfect answers to all the “What If” and “What About Questions” What makes a good client for one contractor is not necessarily a good client for another. The same is for employees. Not all people are a “Good Fit.” for your construction contracting company. Every Contractor will need and want a new(er) truck at some point. Bankers like to see Good, Clean Financial Statements. You may know all of your numbers in your head. It is hard to tell a Banker you make a lot of money and can support the loan if all your statement shows are $10,000 in sales for the year. Written on a piece of notebook paper it is not as believable as coming from QuickBooks, and your sales are much higher, and your net income is $10,000.00. The banker can look at “Why” and see if the numbers can be moved around to make sense. The Banker may need to Explain Your Numbers To A Loan Committee who does not know you. Many Bankers really do want to “Say Yes” and give you the loan. We Can Help “A Little” or “A Lot” Depending on your needs. We work with QuickBooks Desktop Version for Setup, QuickBooks Cleanup, and Provide Ongoing Contractor Bookkeeping Services, and Contractor Consulting Services. Looking forward to chatting about your specific needs. PS: After we setup QuickBooks for your specific construction company you have a range of options: Do-It-Yourself Bookkeeping Utilize our Outsourced Accounting Services. Keep your QuickBooks file on the Server and do your own bookkeeping (our QuickBooks setup is not required) Buy QuickBooks Chart of Accounts and/or QuickBooks Setup Templates for the “Do-It-Yourself” Contractor at the FastEasyAccountingStore.com Wishing you the Best Enjoy your day. Sharie About The Author: Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or sharie@fasteasyaccounting.com I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map__Unique_High-Profit_Contractors_Count_All_Their_Income
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0215 And It Will Be About How To Show Clients Every Model and Upgrade From Your Office Today's Podcast is based upon a guest article from Kim Smith Of Render 3D Quickly Check out Render 3D Quickly! Render 3D Quickly is a company that takes appreciation of architectural aesthetics to a whole new level. The company does this through high-end 3D architectural rendering. They use the latest in 3D rendering software, competitive pricing, quick turn-around times, and a team of professionals that are highly trained experts in their field. Bring it to life through animation The 3D rendering is a program that allows interior designers, architects, builders, contractors, and developers to see, using 3D models and animations, what a project will look like before delving into it. The company has satisfied customers not only in the United States and Canada but China and Europe as well. The 3D rendering program allows for flexibility in the design and specifications with least of effort. It also takes care of exploring the possibilities limitlessly as well as pushing the envelope at the seams. Taking care of fixations The kind of possibilities the program opens is making a virtual presentation via video conferencing to a client who is thousands of miles away. It also allows the buyer to discuss their preferences in real time and perhaps go back on some of the expectations they have had before the presentation. Unreasonable or unnecessary fixations are taken care of as the client extends the horizon of imagination. Customer satisfaction To ensure that customer satisfaction is adequately addressed, the team at the company has a strong focus on customer service and can quickly give a free quote either by phone or e-mail with minimal wait times. The company does 3D renderings for floor plans, interiors and exteriors, house and home, and 3D aerial. A client can request that renderings be animated instead of just pictures, taking projects into a new outlook. Animation provides getting an idea of what a layout and the overall future project will look like before making large financial investments. This allows a client to feel they are walking through the project, a bit more interactive than just the pictures Flat drawings are out, and 3D is in Flat drawings, files, and binders are no longer the in-thing when it comes to viewing and assessing a property. You are looking at a model where, in any case, you need to get an alternative opinion, the person you are sharing with has a clear view of your proposal, especially where the property involves a couple or more than one person. It is one thing to make a decision to acquire a property and a totally different cup of tea to find the satisfaction of owning that property. A fitting price is one, and then comes the location, interiors as well as the immediate surroundings, the shape and design of the exterior, the colours, the layout of spaces and openings. Without viewing the property it is quite difficult to make a decision, and that is where 3D rendering come in. ‘Walking’ through the design In addition to animation and pictures, clients may want a 3D mock-up and architectural models. Often clients will combine 3D animation with a model for a more exciting presentation. It allows buyers to get a good look at what a building can be both inside and outside. Not only can a client request a 3D model of a building, but also where landscape would be set; The company offers Virtual Design (VD) tours. Savings on cost A client can not only see pictures, models, and animation of a project but be a part of the experience by walking through the project. Some use virtual reality with a pre-existing building using a virtual reality camera which can cost upwards of $4500 each. The company's Virtual Design requires no pre-existing buildings and is much more cost effective; $1000 for the average home VR creation. User-friendly Website The website for the company is both easy to use and informative. The site shows examples of projects that were completed and the dedication to the client. For someone that is a beginner to 3D rendering, Render 3D Quickly.com makes future clients feel they are in good hands with a staff that knows their business and does it well. Clients do not need to leave their office or home to use the company's service. By using e-mail and phone, a client can get several ideas on how to best complete their project. Updates that are needed to a project can also be done from the office without inconveniencing the client. One of the key elements of technology is to provide convenience. The desired property may be found thousands of miles away. The 3D rendering costs are minimal considering the convenience, savings on airfares as well as time. Qualified upgrades The most difficult thing is making upgrades from what was considered to have been what the client wanted only for the client to turn around and want something totally different. That presents a headache of untold magnitude the costs notwithstanding. To mitigate such incidents that may lead to client dissatisfaction, 3D virtual tours enable both the proprietor and clients to go through the motions in real time and actually try out the options that are available. You are able to work through the lighting options, the wall and floor colours as well as settings; in this way, the final decision can be firmed up well before sinking funds into such an upgrade. Getting the real feel There are certain aspects that can only be addressed through 3D rendering which include management of space, safety, lighting and the aesthetic feel. This is usually a way long shot when presenting this using flat drawings as the proprietor presents an abstract to a client who has little or no understanding of the architectural dynamics and is unable to interpret this information into the 3D of their mind's eye. Some of the main reason a proprietor undertakes an upgrade is to sell, however, for a client to seek an upgrade, they are seeking to satisfy a certain visual hunger within them. Even before the physical comfort, it is the visual satisfaction that will inform the decision. 3D rendering program addresses this angle quite adequately. The proprietor knows what it will cost them and the client is sure that they got the right thing going. Cutting out human exasperation Going back and forth in the specifications for a property is no limitation where technology is concerned, in a one on one, exasperation can set in, and a good deal can easily slide on such an account. 3D technology allows you to go back and forth for as many times as you would like without inconveniencing either party. House design and décor has seen a big revolution in recent times. Tiles, wood, and slates come in a myriad of colors and designs. The client can be spoilt for choice and not sure how these aspects impact on the overall outlook of the property; 3D rendering via video allows for this. The other possibility it opens is that the client can track the recommended changes and in this way approve of the work in progress or make amendment before the work goes too deep to an extent where reversing is near impossible or way too costly. Being in many places at the same time A 3D rendering service allows a proprietor to present a ‘buffet’ of the property variety at his or her disposal. Different spaces and models in varied presentations give a varied feel, and it is this feel that determines whether the buyer makes the decision to buy or not. As human beings, decisions are made within a certain given window, and if this widow is not utilized within a certain timeframe, it may adversely affect the decision-making process where a business loses out. 3D rendering services enable the proprietor to serve a whole compendium of properties as a package and in this way allowing the client to make a good choice within the shortest timeframe. Speedy quotations The integrated 3D rendering program allows for speedy processing of the pricing bands and providing of a quotation within minutes of the client’s inquiry. In this way, the client is able to make quick comparisons based on the preferences and extras that they have made in their VR conference discussion. The client is also able to sample properties from other companies and make a more informed choice on the property they would like to purchase. Selling a good idea One of the biggest challenges in life is selling a new idea. Something people may not have a background about. There is a myriad of innovative architectural designs that do not go too far because their essence was never fully appreciated or embraced. 3D rendering through animations, models and VR’s shifts the dynamics on all fronts when it comes to selling a new concept. Through 3D rendering, the proprietor can give the client an opportunity to sample and appreciate a new concept complete with the extras that come with it. It allows for depth that would not be possible with ordinary flat presentations on paper. Editor's Comments: If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_How_To_Show_Clients_Every_Model_and_Upgrade_From_Your_Office
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0214 And It Will Be About Proven Contractor Bookkeeping Road Map We Make Contractor Bookkeeping Look Easy Because we do it every day, Monday through Friday and some holidays. This makes it over 300 days per year. With multiple clients, we are not new; it’s not new. The same goes in your field of Construction. You do many of the same things over and over again. The end result is so clean and tidy when the customer is watching you it looks like it was effortlessly done. That’s so simple “Why Couldn’t I Do That.” When I tried, it seems to be “A Lot Harder.” Everyone has a skill set. Construction Bookkeeping and Construction Accounting is what we do. I confess – we think we find it easier having come from a Construction Background (for Randal growing up in a construction family and for us personally having started, owned, operated several Construction Companies). We can speak with conviction about the basics and the more complex issues as you grow your Construction Company, Handyman Company, Trade Contractor or any one of the dozens of Construction Company types we serve. Short List Construction Contractors We Serve Brand New Construction Company Handyman Company Cabinet Installer HVAC Contractor Carpentry Contractor Insulation Contractor Carpet And Tile Contractor Interior Designer Commercial Tenant Improvement Contractor Land Development Company Concrete Contractor Landscape Contractor Construction Company Masonry Contractor Construction Manager Mold Remediation Company Contracting Company Moss Removal Company Contractor Painting Contractor Custom Deck Builder Plumbing Contractor Custom Home Builder Pressure Washing Company Demolition Contractor Remodel Construction Company Drywall Contractor Renovation Contractor Electrical Contractor Restoration Contractor Emerging Contractor Roofing Contractor Excavation Contractor Spec Home Builder Finish Millwork Contractor Specialty Contractor Flipper House Contractor Subcontractor Flooring Contractor Trade Contractor Framing Contractor Underground Contractor General Contractor Utility Contractor Glass Installation Contractor Construction Employees Gutter Installation Company Construction Support Specialist Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates Solopreneur QuickBooks Chart Of Accounts Free Stuff QuickBooks Item Lists Templates Consulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 You must decide for yourself the benefit and value of having W2 employees. Other options include using a Staffing Service, subcontractors, becoming a consultant or Project Manager, 1099 Contractors or keeping the company smaller where no outside employees are needed. All of us need employees. The question is “Are They, Ours? Yes, we have direct employees. I can tell you we do not have as many direct employees as when we were Construction Contractors. Do we ever intend to have that many direct employees again? No Never, not ever in this lifetime. When we are reviewing software and services; we look for the larger companies who HAVE employees. We want to have access to their Customer Support and Tech Support (all are indirect employees). Outsourcing means we have access to highly qualified staff without all the headache and expense of in-house employees. This is what it takes to keep everything running smoothly (Plus good equipment). Fast Computers, Multiple Monitors, each office with their own printer, Hi-Speed Internet, Hi-Speed Scanners, good office environment with large “L” shaped desks, plus additional tables as work areas, comfortable office chairs, and finally working HVAC system. Hats off to Construction Companies who have 20, 30, 50 or more direct employees: · As you grow, there are additional regulations that come with more and more employees. · Recommend using a 3rd Party Payroll Service with an HR Component. · Suggest paying Bi-Weekly unless mandated to pay weekly. · Use Electronic Timecard. Limit Employee Advances. · Give Perks and Benefits that employees will appreciate. · Pay Well – There is a balance between Under Paying and Over Paying your employees. · Reward the productive employees. · Have written Coaching Reports for those who need a little reminder. · Don’t be afraid to “Let Someone Go” if it is no longer a “Good Fit.” · Some employees want to leave and just don’t know how to Quit. · They do not want to leave and have “Hard Feelings, ” but they want to move on. Many challenges “Big or Small” are exactly the same for all companies: · Keeping Track of Paperwork · Developing Processes · Creating Estimates · Getting Signed Change Orders · Creating Customer Invoices in a Timely Manner · Presenting The Invoice To The Customer · Asking For Money · Paying their Bills · Focusing On Tomorrow · Dealing With Today · Learning From Yesterday How can you do all of those things all at the same time? It is simple; but not easy. It takes practice Finding a “Good Bookkeeper” who understands construction and your issues is a First Start. Note – I did not say find a bookkeeper who will come to your house, pick up your mail, open it. Decide what is important. Deposit the checks, Write the checks, Pay the bills. That is a role for you, your spouse or a partner – not an outsider. Do not give a bookkeeper TOO MUCH AUTHORITY or you could wake up one day and be a victim of Bookkeeper Embezzlement! I have known bookkeepers who have “Presented themselves as part of Management” (as a Partner) which upon further questions to the actual owner I learned that was not true. (Just The Bookkeeper) Same has been true for Project Managers, Estimators, and other Field Employees who go beyond their authority. It is easy to spend “Other People’s Money” it is so much easier than spending our own. The local paper recently had an article about a “Bad Bookkeeper” who had been caught embezzling the Contractor’s funds for several years. The hardship to the Contractor and the loss of money is enormous. The Bad Bookkeeper was convicted, but even if restitution is 100%, it will take years and years to be pay off. In the meantime, the Contractor has a Problem – A Huge Problem. That money is GONE! Fast Easy Accounting presents and provides a “We Solution” Our focus is mostly “After The Fact” Accounting. We never want any Government Agency to say we “Should Have Paid Something.” We also never want for our Clients to worry that we spent their money on Anything. The only funds we touch is our own fees – we auto receive Weekly (on Mondays) or Monthly (1st Day of the month) depending on the services provided. All services are Month-To-Month; ending on last day of the month. We Enter All Of Your Paperwork Into QuickBooks Desktop Version In The Cloud Accessible 24/7 From Your Desktop, Laptop, Notebook, Tablet, Smart Phone Any Web-Enabled Device Including iPads, iPhones, Apple, MacBook We use a Commercial Host approved by Intuit. Access it like going to the Bank – log into your account, view, print reports, move money between accounts and chose if you want to use “online bill pay” feature. We embrace Cloud Services (especially those with a Master Dashboard). State Governments are also embracing Cloud Access for many Government Services. All the State of Washington agencies work together; if a contractor is audited The Agency involved is asking for documents beyond what they need to help the other agencies. What does this mean? · Good Recordkeeping · Customer Invoices · Customer Payments · Timecards · Employee Paystubs · Bank Statements · General Receipts We have a Tried And True Contractors Bookkeeping System · One which includes a Cloud based Document Management System where you send your documents · You can forward emails, scan, snap a picture, scan and send PDFs, whatever is easy for you. · If you use a “Main Stream” bank with enhanced images, you can link the bank feeds to our paperless server and get your contractors bookkeeping service running almost 100% autopilot! What Does "Full-Service Contractor Bookkeeping” Mean To You? For many contractors, it means Hire someone – usually anyone at all who says Yes – I will do everything. Giving that BRAND NEW Person all the user names, passwords, authorization to sign checks and run back out to the field as fast as possible and “Forget About It – Everything Is Handled” For many Construction Contractors That Answer Is Wrong | Very Bad | Leads To Painful Results! I’m Sorry for those who were hoping – This is not “How We Work.” In our system – It is a “We Process” We want YOU to “Help Us Help You.” A Major Part of this process is that “You Control The Money.” · Receiving The Money · Paying the Bills · Hiring · Promoting · Coaching · Firing Employees. You are an Owner, not a Manager – Making Decisions Is A Daily Activity Though there is a lot of managing the day-to-day activities of owning and operating a business. Our part is getting every scrap of paper (income or expense) in an accounting system. We use QuickBooks Desktop so that you have the reports you need to properly make decisions. Your Tax Accountant understands the QuickBooks layout and maps their Tax Software to it. I am reminded of a book about decision making I read to our son as a small child. David Decides About Behaviors: A Story for Children, a Guide for Parents by Susan Heitler The same principle applies to everyone. Each one of us is David. We make decisions every day about everything. No decision is a decision. We are here to help – If you will let us! AND if you will do Your Part it can be a seamless activity without undue stress on either side. With good accounting, you are able to focus on getting your work done. You do not have to explain to use How To Do The Bookkeeping – We Know What To Do! I recommend being an S-Corp over an LLC or Sole Prop. (call me, and we can discuss why) For The Do-It-Yourself Contractor Fast Easy Accounting Store Have The Perfect Solutions To Fit Your QuickBooks Setup Needs The choice is yours – Either way we are looking to Help You with your Accounting Needs. Enjoy your day. About The Author: Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or sharie@fasteasyaccounting.com I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | The Contractors Accountant Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Proven_Contractor_Bookkeeping_Road_Map
Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
This Podcast Is Episode Number 0071 And It Will Be About My Step Father's Inspiration Why I am producing this podcast is because it occurred to me that I may be coming across as a bit stern and serious. The reality is I am simply a Great Big Teddy Bear that loves accounting and helping contractors achieve their definition of success and anyone who has anything to do with building, remodeling or maintaining our homes and businesses. I was raised in a construction family in Seattle Washington in a quaint little house in the Interbay neighborhood, nestled in between Queen Anne to the east and Magnolia to west. It is also home to a railway switchyard which means in the 1960’s it was a great place for a young man to have some “Character Building Experiences” as it was a rough and tumble, tough and gritty place to hang out. My Step Father was a Landscape Contractor and he was my inspiration for going into construction and later becoming The Contractors Accountant. This is his and my story of how it happened. As I attend networking events and mastermind meetings, I hear a lot of information from good people with good hearts with less than favorable opinions of contractors. These folks have not been blessed with the opportunity to really get to know contractors. Therefore, those folks are the ones I have written this article for and if you are a contractor please continue reading and everyone is welcome to leave a comment if you are so inspired. I produced this podcast to give an insight into contractors. Perhaps as you get to know me you will understand other contractors better and really get to know the men and women who make civilization possible. What I do and why I do it...every chance I get….but only on days that end in “y” like Monday, Tuesday, Wednesday, Thursday, Friday and Saturday is find ways to be of more and better service to all contractors and it does not matter if they are a client or not. Perhaps you can relate to this story in your own life. For further insights, I have an entire section of this website devoted to Construction Psychology. You can learn more at www.FastEasyAccounting.com/cp My stepfather was my inspiration. He was average height, weight and build born in the early 1930's and raised on a farm in the heartland of America. He started a construction related firm offering handyman services and landscaping in the 1940's and retired in the 1990’s having owned and operated it for over 50 years. He was a Salt of The Earth Contractor as described later in this profile because he worked practically every weekday and the occasional Saturday all of those years, only taking Sunday off as instructed. He made sales and did the work even though he was born with severe physical handicaps. He exemplified the concept “In life you produce reasons or results, and reasons don’t count.” I first met him shortly before he met and married my mother in 1965. Subsequently I worked in the family business and every week, and sometimes more often he would encourage me, very strongly, to go to college and if I still wanted to be involved with construction that would be O.K. It was several years out of college before I understood the differences between regular accounting and construction accounting and had to repeat the Four Levels of Learning again. During those years, he passed on his protestant work ethic and the importance of “keep-on-keeping-on” with a type of Winston Churchill attitude of “Never Give Up.”He led by example by never quitting when it rained, snowed, bitter cold or blazing heat. When the ground was so hard it required a pick & shovel, or the rocks weighed several hundred pounds and needed be moved with a long steel bar he applied more brute strength as needed. The man worked in all kinds of tough nasty conditions. He always made enough money to keep a roof over our heads, food on the table, and clothes on our backs; however, he never made a lot of money, which means I learned how to live well and be happy no matter what the income level. He taught lessons of self-reliance and self-sufficiency by the way he lived. Even now when I read Emerson’s essay on Self Reliance I visualize him and can see the determination and strength of character in his face. His favorite book was “The Basic Instructions Before Leaving Earth” also known as The Holy Bible. It had a strong and positive influence on him and helped shape his views and it is my favorite book as well. Yes, I am one of those Christians, not perfect just forgiven and I do the best I can with what I have been given. Since I have more than enough work keeping myself on the straight and narrow you can rest assured that I have no interest in influencing your beliefs. For the record, I serve all contractors regardless of their race, creed, sexual orientation or religious beliefs because I strongly believe we need more cooperation and less competition in this world. I take comfort knowing that in the end, everything will work out and if something has not worked out it is not the end. While I was growing up my step father never seemed very smart or bright and in my arrogant sophomoric opinion, “he just didn’t get it.” However, the Universe has a sense of humor and It allows me to continue my education by taking many tests and learning the lessons It has prepared for me. Its patience is endless because It allows me to repeat the tests until I finally learned the lesson. Then a new test appears and the cycle is repeated endlessly, test, and learn, test, and learn. A wonderful test presented Itself when I met a wonderful young lady Sharie while attending Queen Anne high school. We graduated in 1972 and were married in 1973. As of today we have been married just over 40 years; however, it feels like only 2 years. We moved into our first apartment and the Universe presented me with a brand new test, which I named “do I understand it yet?” The arrogant sophomore in me began to grow up and understood life at a new level and I reverted to being a Freshman. Suddenly I had to provide ALL the money to keep a roof over our heads, food on our table, and clothes on our backs. At that moment in time my step father became the wisest man on earth and for the first time I understood he "did get it" all along and in fact he was simply waiting patiently until I got it…and I got it…real good and real fast! A large part of what shapes my passion for providing consulting and accounting services for contractors is out of love and respect for my stepfather and how he ran his business. I will be eternally grateful to him for the lessons he passed on by the way he lived his life. Over the years, I have been privileged to work with many contractors and have developed several observations that I call Randalisms. This one is The Three Types of Contractors: #1 Dog And Pick-Up Truck Contractor This is a Contractor with a pick-up truck and the dog sitting in the passenger seat hanging his head out window enjoying the fresh air while watching the world go by. This contractor enjoys the freedom of doing what he wants, when he wants, and how he wants and does not need or want to expand and grow his or her business or be bothered with employees. Annual net profit after all expenses roughly $20K to $40K #2 Salt Of The Earth Contractor This Contractor wants to expand and grow their business in order to have more free time and perhaps even put money away for retirement. This contractor has three employees. They hold two of them by the throat; one in each hand, and eyeballs the third one. This is only a “word picture” and not to be taken literally. Annual net profit after all expenses roughly $40K to $60K #3 Professional Contractor This Contractor has one to twenty employees, a formal documented business plan which is updated and reviewed regularly with a board of advisors as outlined on our web page Board of Advisors They focus business resources on serving the segment of the construction market where they are most profitable. In addition, they understand what business they are in.....and I will give you a hint....it is not contracting. They know the importance of doing what they do best and outsourcing the rest as outlined on our web page Outsourcing. Annual net profit after all expenses roughly $100K to $1,000,000+ In conclusion, if we ever have the pleasure of meeting at a networking event or any other occasion perhaps this short profile will offer some insight as why my passion for the construction industry and contractors is so strong. Sharie and I love contractors and have made it our mission in life to help as many of them as possible achieve their definition of success be it Dog And Pickup Truck, Salt Of The Earth or The Professional. We love them all! That is all I have for now and if you have listened this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy, Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast This is one more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com In closing, I want to caution you that we may or may not be a good fit for your contracting company. This guide will help you learn what to look for in outsourced construction accounting. Thank you very much and I hope you understand we really do care about you and all contractors regardless of whether or not you ever hire our services.Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | Contractors Accountant We Remove Contractor's Unique Paperwork Frustrations
Jeff Wortham is a Residential Landscape Architect in Pleasanton, California. He also is a licensed Landscape Contractor in California. He is the Principal of Jeff Wortham & Associates. His firm has focused on mid to high end Landscape Design for over 20 years. Jeff received his BS degree from Cal Poly San Luis Obispo in Landscape Architecture in 1986. Jeff is the founder and host of Design Pro Success Stories. He discusses his construction background and how it affects his design approach, the importance of updating one’s business strategies, sources for inspiration, building a business, and setting yourself up for the future. Enjoy!