Executive Summary. Accounting is, to some, a necessary evil. Here we hear from an accountant what accounting actually is, why it’s important, and how you can best benefit from your accountant....
Selling Your Business – EBITDA is “Bullshit Earnings”
Executive Summary. Construction businesses are bought and sold every day. If you’re looking to sell your company, here are the basics on what you need to know (and what you want to know). https://open.spotify.com/episode/4AL6MAfKqTuTNaGQC4FeoD?si=d57cd4ed833944ba...
How to Start a Professional Construction Company
Executive Summary. If you’ve ever wanted to start your own construction company, here’s the process. What do you want to do? First thing to do is figure out what you want to do. Heavy/civil, window installation, frame houses, industrial coatings – what? This decision...
The Low Bid Model – Time to Go?
Executive Summary. Although great in concept, the low bid model of construction proposal award is severely flawed. Here’s a quick evaluation of the two primary evaluation methods used by Owners in the award of construction projects. You evaluate which is best for you,...
Debt: You Need It
Executive Summary Debt, at least in the American construction business, is helpful when it comes to growth. Here’s a couple reasons why. What is debt? When money is borrowed and then must be paid back, that money which must be paid back is called debt. On your...
Going “Legit”: Lose the Brown Paper Bag
Executive Summary If you’ve been running the accounts receivable and accounts payable out of a brown paper bag and want to go “legit”, here are the first steps. The Background Perhaps you have a successful and operating company – you have for a year or twenty years....