Category Archives: accounting

Accounting for Lost Revenue

In the contractor world, costly change orders are the rule, not the exception. Often, there is an inability for contractors to keep the bid as the target, rather than just a starting point. The bid must document and demonstrate vital information and remain the benchmark for the project. However, beyond the bid, undocumented and uncheckedContinue Reading

Repeatable Process for your Business Model

Part 7 – Right From the Start Its Monday and you get the dreaded call. Your customer is unhappy with how long the project took, how much they had to spend and the lack of communication. Was the job done to their satisfaction? Yes! Will they benefit from your services? Yes! Will they refer youContinue Reading

Time to Track Your Growth!

Time to Track Your Growth!

Shiloh Property Services: (Randy and Joakim pictured to the left) I cannot tell you how much I love it when one of my clients refers me to another. What made it even better was that they were both a part of Detroit’s Goldman Sachs 10K Small Businesses program*. Randy from Shiloh Property Services and Ted fromContinue Reading

Tracking Your Business Information – Part 6: Right From the Start

Accounting for your business information is generally not the first item on the A-list for a new business owner. Eventually, the owners have to come around and understand that calling the bank for their checking account balance is not the level of analysis that will launch their ship. Of course, you need social media forContinue Reading

What Were You Doing 93 Days Ago?

What Were You Doing 93 Days Ago?

Accounting for time in your business is a big industry. Plenty is written about time, you know, time is money and take care of your minutes and the hours will take care of themselves. Time and material businesses make a living tracking time and authors have a plethora of advice on time management. So, withContinue Reading

Education to Enhance Your Business