Tag: balance sheet

What Are Indirect Expenses and Why Should I Care?

  Understanding indirect expenses will greatly benefit your remodeling business. By pretending they don’t matter, you’re jeopardizing your remodeling company’s fiscal health. Last week one of my very favorite people (yes you, that’s right YOU!) and I agreed to ‘argue’ about Indirect Expenses.  This is so important to me (and to you!) that I dropped everything

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Don’t Be A Hater: Accounting is Good for You!

Have you ever said “I know I should understand my financials but they just don’t interest me?”  Have you even thought it?  Admit it, probably!  Owners of most remodeling companies came from design or production backgrounds, few from accounting. In fact the simple term “job cost accounting” recently caused looks of disdain and disgust among

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