Executive summary. Whether in a bid situation or a change order negotiation, there is a way to boost your profit on paper by not “job costing” your equipment. Let’s talk depreciation. And whatever you do, make sure to talk to your CPA after reading this. It’s much...
Executive Summary. Several means exist in the way of gathering data from your operating fleet. Here are the basic ways and then a quick explanation of current technology. The Basics of Data Collection. Many contractors, or companies with large on/offroad fleets and/or...
Executive Summary A GL account is separate from a cost code financial and job cost reporting. Here we introduce the basics of GL accounts What’s a GL Account? [edsanimate_start entry_animation_type= "rotateIn" entry_delay= "0" entry_duration= "0.5" entry_timing=...
Executive Summary The benefits of training can be great for numerous reasons. You’re making capital investments, you should also treat your employees as an asset worthy of investment too. I got reasons not to train my people. Many managers feel as if training is a...
Executive Summary: There are no perfect software solutions out there for many industries. Many companies must settle for “close enough” to achieve their control goals. If you have relatively simple needs, considering a custom program may vastly improve your efficiency...
Executive Summary: The balance sheet says a great deal about a company. If you’re a business owner you better know how to read your own, as well as that of your clients and subcontractors. This week we discuss the Liabilities section. Just the basics. My recent...
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