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Tag: profitability

The 3 Top Accounting Methods and the Lies they Tell

Keeping track of your revenue and expenses can be very time-consuming and even confusing. How can you accurately determine what your budget is, how much your expenses are eating into your profit and how to budget for a future project? At its core, the biggest problem remodelers face when it comes to understanding how to

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Keep Your Cash Flow Boat Afloat

Good cash flow and profitability are two different entities and often do not coincide. Let me give you an example. Months of heavy construction volume mean you have the need for lots of cash to pay your labor and job costs. Often, draws do not keep up so while you may be earning profit you

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