Contractor Success Map With Randal Dehart | Contractor Bookkeeping And Accounting Services

This podcast is episode number 0060 and it will be about Which QuickBooks Cloud Option Is Best For Contractors? We Recommend QuickBooks Online When The Business: · Is run like a hobby· Not a construction company· Does not need full QuickBooks· Owner sole focus is saving money· Basic simple reports are all you need· Businesses with less than three employees· The owners enjoy doing everything themselves· The owners have lots of free time to learn software· They do not fit our client profile of contracting for profit We Recommend QuickBooks Desktop Version Cloud Computing When The Business: · Is a construction company contracting for profit· Needs Job Costing reports and solid Financial Reports· Needs the power of the full QuickBooks Desktop Version· Is focused on saving money with innovations and cost control· Is open to implementing a Business Plan designed to increase sales QuickBooks Cloud Computing Has The  Same QuickBooks Desktop Features Because It's QuickBooks Desktop Running On A High-Speed Secure Cloud

This podcast is episode number 0059 and it will be about Emergency Contractor Accounting Services Do You Have A QuickBooks Emergency? Did QuickBooks Gets Messed Up And You Need It Fixed Now! Call Sharie 206-361-3950 or sharie@fasteasyaccounting.com and explain your situation! We have a system for cleaning up QuickBooks that is Fast And Easy! 1. Nobody here will lecture on what went wrong or ask silly questions! 2.Your tax preparer refuses to prepare your tax return because your QuickBooks is a mess! 3. Your customers refuse to pay until you provide an Invoice that makes sense! 4. You need an Invoicing Service to prepare and mail or email your invoices for you! 5. You don't know for sure who owes you money because they are waiting for your Invoice! 6. You don't know for sure who you owe money too and if they are double billing you! 7. You need to get a bank loan and they are asking for Financial Statements! 8. You need a performance bond and the underwriter needs Financial Statements! 9. QuickBooks is a jumble

This podcast is episode number B001 which means it is a bonus episode and not in our regular Friday rotation. It is about The Hard Truth Of Owning A Construction Company Contractors Are Our Heroes! The rough and tumble world of construction company ownership is not for the weak or the timid. It is an arena where the price of admission is a lot of blood, sweat, tears, and long nights and lost sleep, with peaks of enthusiasm and depths of despair. It can feel like riding a roller coaster operated by a mad man trying to convince you to get off, get out and go do something more relaxing like teaching a pig to sing! If you work it right you can end up with a construction company that is like a money tree that can take care of you and your family for a lifetime and leave a legacy for your heirs. To get to the truth about your construction company you must go on a journey. It is four levels deep and like most successes in life it is simple but not easy. The Four Levels Number One - What contractors want to hearNumb

You Started Contracting To Have Fun Be Your Own Boss And Do The Work You Love Now you are overwhelmed with paperwork and the fun is gone! Just because you don't fully understand everything, you need to know about running a construction company doesn't mean you shouldn't be paid a fair price for your work! Do You Feel Like These People Are Trying To Take Advantage Of You?·    Customers·    Employees·    Suppliers·    Taxes·    Banks·    Credit Card Companies·    Incompetent Bookkeepers·    Embezzlers·    Scam Artists·    Lead Generators If you do you are not alone, many contractors feel that way. Owning a construction company is so much different from just working for another construction contractor and in most cases, new contractors had no idea what was involved in the business end of the operation before they started. Did You Make The Following Mistake? You trust your wife so your stuck her with all the back office work and administrative tasks and paperwork because how hard could it be for her to: · Answer

This podcast is episode number 0057 and it will be about Construction Apprentice Thinking Patterns This podcast will focus On Construction Apprentices and how they think. It is my intention to offer some useful insights to all Journeymen in all of the construction trades and all owners of small construction companies. “If you know the answers, the questions will not bother you” Randalism Construction Apprentices are one of my most favorite groups of construction workers because they provide a never-ending supply of good clean humor. For the record, I have a deep respect and sincerely appreciate all apprentices everywhere for they are the men and women who continually replenish the supply of skilled Journeymen and are vital members of The Greatest Industry On Earth. Having served an apprenticeship in plumbing and passed the Washington State Journeyman Plumber Exam PLO1 in 1981 this article comes from the heart of someone who understands the good times while serving an apprenticeship. After becoming a Journeyma

Let Us Help Reduce Construction Business Start Up Stress New Contractor's Levels of Stress You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Suddenly you realize it costs real money. Now that's stressful. Ask A Friend Or Relative - To loan you some start-up capital and they agree on condition you are partners in the business and each have an equal share. You do all the work they get half the profits and you politely refuse. This is getting very stressful Go To Your Bank - And they offer you a line of credit. They don't want to be partners they just want everything you own used for collateral. You say O.K. and then find out the interest rate is 24% and they can call the loan due if you miss a payment and take everything you own. This is getting extremely stressful Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. What To Do Next - You have never run a business. The only thing you know is

Let Us Help Reduce Construction Business Start Up Stress New Contractor's Levels of Stress You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Suddenly you realize it costs real money. Now that's stressful. Ask A Friend Or Relative - To loan you some start-up capital and they agree on condition you are partners in the business and each have an equal share. You do all the work they get half the profits and you politely refuse. This is getting very stressful Go To Your Bank - And they offer you a line of credit. They don't want to be partners they just want everything you own used for collateral. You say O.K. and then find out the interest rate is 24% and they can call the loan due if you miss a payment and take everything you own. This is getting extremely stressful Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. What To Do Next - You have never run a business. The only thing you know is

Let Us Help Reduce Construction Business Start Up Stress New Contractor's Levels of Stress You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Suddenly you realize it costs real money. Now that's stressful. Ask A Friend Or Relative - To loan you some start-up capital and they agree on condition you are partners in the business and each have an equal share. You do all the work they get half the profits and you politely refuse. This is getting very stressful Go To Your Bank - And they offer you a line of credit. They don't want to be partners they just want everything you own used for collateral. You say O.K. and then find out the interest rate is 24% and they can call the loan due if you miss a payment and take everything you own. This is getting extremely stressful Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. What To Do Next - You have never run a business. The only thing you know is

Twenty One Signs Of Bookkeeper Embezzlement And Steps You Can Take To Help Avoid It! A Google Search - Of Construction Bookkeeper Embezzlement will generate thousands of hits and most of it could have been avoided if the construction owner had known about and followed a few simple guidelines.#01 - Don't Hire A Bad Bookkeeper Click Here For More...#02 - Understand The Employee Theft 10-10-80 Rule - Discovered over many years of experience and first hand observation by auditors, accountants, fraud examiners, anyone involved in detecting employee theft.Ten Percent - Of all employees including bookkeepers will steal in a variety of ways from office supplies, petty cash, graft, kickbacks and payoffs from your suppliers, vendors and sub-contractors and even hundreds of thousands or even millions of dollars. They will do it regardless of how many security systems are in place because they lack integrity and have an "taker's" entitlement paradigm that states: "It Is Better To Take Than To Make". They cannot be stopp

Back office support can make or break your construction company and that’s where we come in. We can do you the most good by bringing order to your chaotic contractors bookkeeping mess! Most of our clients come to us because they believed they needed someone to straighten up their contractors bookkeeping sevices system, help them get current or quarterly payroll tax filings, sales tax returns and a variety of other tax issues. That is only the tip of the iceberg!  The real value in working with us is not just getting you out of trouble now but keeping you out of trouble in the future so that you can focus your time and energy where it will do you the most good…acquiring profitable and pleasant customers and clients and satisfying their needs.  Warm Regards, Randal DeHart | Premier Contractors Accountant http://www.fasteasyaccounting.com/contractors-success-map/ This is one more example of how Fast Easy Accounting is helping construction company owners just like you put more money in the bank to operate and gro

Why Sell Service Agreements? It goes to the heart of the question of the difference between a customer and a client. Service agreement holders are more likely to be clients that add more value to your construction company because they represent the most loyal segment of your customer base. Every service agreement customer represents a future work. In the meantime, service agreement customers are a source of cash flow and are predetermined to call you instead of your competition when repairs are necessary. Non-service agreement customers are more likely to be customers and fickle. They may call your contracting company for future work or they may decide to shop the competition and use the information they find to negotiate for a lower price. In some cases they may not even remember you or your construction company name. In addition, your replacement sale close ratio is normally higher with service agreement clients and your overall pricing and related service care level can be much higher resulting in even mor

 QuickBooks For Contractors Cloud Computing Vs QuickBooks Online QuickBooks Online Is OK For Contractor Companies: · Run like a real fun hobby · Not serious contracting firm · Doesn't need full QuickBooks · Owner sole focus is saving money · Basic simple reports are all you need · Businesses with less than three employees · The owner likes doing everything themselves · The owner has lots of free time to learn software · They do not fit our client profile of contracting for profit QuickBooks Desktop Version Cloud For Contractor Companies: ·  Is a construction company contracting for profit ·  Needs Job Costing reports and solid Financial Reports ·  Needs the power of the full QuickBooks Desktop Version ·  Is focused on saving money with innovations and cost control ·  Is open to implementing a Business Plan designed to increase sales QuickBooks Desktop Version In The Cloud - can reduce your overhead and increase your productivity. Being able to work from anywhere, anytime, with a single source for all of your

Ten Thousand Hours To Master Construction Accounting Malcolm Gladwell, author of the book "Outlier" wrote about how The Beatles played nearly 10,000 hours together in Germany before the emerged as "The Beatles", Tiger Woods invested 10,000 hours on the golf course before he turned 21, Bill Gates as a kid put in 10,000 on his PC. Strategic Construction Bookkeeping - Is as different from standard bookkeeping as someone who spends their day maintaining a fancy dog house is from a professional remodel contractor! Professional Remodel Contractors - Have told me in no uncertain terms how they feel about unlicensed and super cheap contractors who underbid them for construction projects. In some cases they will try to warn customers about how "The Sweetness of Low Price Soon Fades While The bitterness of Poor Quality Lingers On". Sometimes The Customer - Will call you back to fix all the screw-ups and bad construction. In the end the customer ends up paying more money spending more time than if they had it done right

Fixed Price Puts The Burden On The Bookkeeping Service - Hourly Rate Which Puts The Burden You Fixed Price - Contractor bookkeeping needs to be done right and on time. Hourly Rate - Contractors bookkeeping can take as long as you will put up with and re-done over and over because the longer it takes the more they make. Which One Is Best - For you depends upon your Business Strategy and if you like to know what something will cost each month or if you like to be surprised.Fixed Price: #01 No long term contracts; month-to-month service #02 Performance and results based; not efforts and excuses #03 They have professional bookkeepers and systems in place #04 Save money on income tax preparation and the taxes you pay #05 Your bookkeeping services are budgeted and fixed in advance #06 We recruit, hire and train the best bookkeepers available #07 We have solid reliable office equipment, hardware and software #08 We provide comfortable offices with amenities to retain the best construction accountants and bookkeepers

The Enterprise Level Contractor 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. We Choose Not To Serve - This particular market due to the additional stress and strain they put on their employees, suppliers, vendors and advisors. It takes a special kind of construction accountant to work with these folks.   A Lot Of Them Have A Shorter Lifespan - Than any of the other contractors due to the enormous stress the 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 runni

Contractors Can See Their QuickBooks Financial Reports Anytime! Just when you thought our special brand of outsourced contractor bookkeeping services couldn't possibly get any better...it does...yet again! In addition to the premier outsourced contractor bookkeeping services and paperless vault for storing documents, linking them to QuickBooks for Contractor transactions, retrieving, printing and emailing them our contractor clients can have on demand 24/7 internet cloud based access to their financial reports without having to open, touch or even look at QuickBooks For Contractors! We provide professional contractor bookkeeping services primarily for construction company owners with annual sales volume $0 - $10,000,000 using the full desktop version of QuickBooks For Contractors which rests on an Intuit Approved Commercial Hosting Service. Learn more please visit www.fasteasyaccounting.com/quickbooks-cloud-based-reports/ This is one more example of how Fast Easy Accounting is helping construction company own

If You Are In This Contractor Group You Are In The Third Largest Group Of The Four Types Of Contractors Together you and your like-minded contractors combined production is more than the Enterprise Contractors due to the sheer number of contractors similar to you. Here Are A Few Statistics Based On Per Person Where You Do Well: #01 Sales Dollar Volume Per Job#02 Sales Dollar Volume Per Month#03 Sales Dollar Volume Per Year#04 Marketing Cost Per Dispatch#05 Dollars of Revenue Per Billable Hour#06 Percentage Closed Sales Per Dispatch#07 Billable Hours In Standard Eight Hour Day Your Production Average - Is not as high as Dog And Pickup Truck Contractor however it is close because you have implemented systems, processes and procedures such as Business Process Management, BCG Matrix, The 80/20 Rule For Success In Construction and other profit and growth strategies. Some of you are discovering the power of Contractor Success M.A.P. which we have developed and are using to help contractors just like you to build on

If You Are In This Contractor Group You Are In The Second Largest Group Of The Four Types Of Contractors Together you and your like-minded contractors combined production is more than the Professional Contractors and the Enterprise Contractors combined due to the sheer number of contractors similar to you. Here Are A Few Statistics Based On Per Person Where You Do Well: #01 Sales Dollar Volume Per Job#02 Sales Dollar Volume Per Month#03 Sales Dollar Volume Per Year#04 Marketing Cost Per Dispatch#05 Dollars of Revenue Per Billable Hour#06 Percentage Closed Sales Per Dispatch#07 Billable Hours In Standard Eight Hour Day Your Production Average - Is not as high as Dog And Pickup Truck Contractor because you have employees that may not be as motivated as you; however your group is substantially higher than any of the other three contractor types according to our research and contractor studies we have been engaged in since the early 1970's Let Me Describe Some Of Your Wonderful Personality Traits You Are A Wonder

If You Are In This Contractor Group You Are In The Largest group Of The Four Types Of Contractors Together you and your like-minded contractors combined production is more than all the other groups combined due to the sheer number of contractors similar to you. Here Are A Few Statistics Based On Per Person Where You Do Well: #01 Sales Dollar Volume Per Job#02 Sales Dollar Volume Per Month#03 Sales Dollar Volume Per Year#04 Marketing Cost Per Dispatch#05 Dollars of Revenue Per Billable Hour#06 Percentage Closed Sales Per Dispatch#07 Billable Hours In Standard Eight Hour Day Your Production Average - Per person is the highest of all the Four Types Of Contractors primarily because you, the entire crew, have a vested interest in the results of each day. We Have Been Involved - With construction and researching contractors since the early 1970's and in fact my Step Father was a member of this group. Let Me Describe Some Of Your Wonderful Personality Traits You Are A Wonderful Soul - You have a heart as big as the

Aren't All Bookkeeping Services The Same? That's a fair question and one I can respect because on the surface every business, industry and service provider appears to be the same. Coffee is coffee isn't it? Coffee from Starbucks could be said to be ground up coffee beans that have been mixed with hot water and how can that be any different than coffee from the machine that sits in the corner of the Greyhound Bus terminal? Wine could be said to be grapes pressed, aged and put into a container. What makes Inglenook Cabernet Sauvignon NAPA Valley, 1941 worth more than wine under $5 at Trader Joe's? Long ago in a bike shop in Seattle, Washington I went shopping for a bike helmet and asked the clerk for a "cheap helmet" because in my mind all bike helmet were the same and I was not about to be ripped off. He had a profoundly simple answer: "If You Have A $10 Head Buy A $10 Helmet" He said it with a deadpan face, no expression and he acted as if he could not care less about what helmet I purchased. I remembered som