Resources

Gain Insights

Stay informed and know what’s important to your organization.

Nothing in life is more is more exciting and rewarding than the sudden flash of insight that leaves you a changed person.

Arthur Gordon Webster

Do you track how much each job costs you?

Do you track how much each job costs you?

Do You Track How Much Each Job Costs You? Have you heard of “job costing”? It might sound a bit boring, but it’s actually really important for your business, like knowing the secret ingredient in a magic recipe. Let’s talk about why job costing is a big deal for anyone in the home service industry, like plumbers, electricians, or anyone who helps make homes better. What is Job Costing? First, let’s break down what job costing means. Imagine you’re a superhero fixing things in people’s

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The Best Time to Hire a Bookkeeper for Your Construction Business

The Best Time to Hire a Bookkeeper for Your Construction Business Today, we are diving into ‘The Best Time to Hire a Bookkeeper for Your Construction Business.’ I am Kerry Postel and I own Abacus Business Solutions It’s a pleasure to be your guide through this crucial aspect of growing and fortifying your construction enterprise. When running a construction business, there are numerous elements involved. Planning, project management, hiring skilled workers, dealing with suppliers, and so forth. Amidst all of this, there’s a critical component that

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Insider Tips for Creating Realistic Budgets and Monitoring Performance 

Insider Tips for Creating Realistic Budgets and Monitoring Performance Welcome to “Mastering Your Money,” a comprehensive training program designed to help construction companies gain control over their finances. In this training, we will cover essential strategies for creating realistic budgets, monitoring financial performance, and improving cash flow. By implementing these insider tips, you can pave the way for a financially successful and stable construction business. Let’s dive in! 1. Understanding Your Financial Landscape:Before taking control of your finances, it’s crucial to have a clear understanding of

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How have you adapted your business strategy in response to the current market conditions?

How have you adapted your business strategy in response to the current market conditions?

How Have You Adapted Your Business Strategy In Response To The Current Market Conditions? How to THRIVE  in a constricting market by unlocking the secrets to generating more cash flow for your business!   Before I get started I want you to clarify what a constricting market is because it can happen at any time, not just in an economic downturn. A constricting market refers to a market that is becoming increasingly narrow or limited in terms of its size, scope, or opportunities for growth. There

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are you happy with where your business is or do you want more?

Are you happy with where your business is or do you want more?

Are You Happy With Where Your Business Is or Do You Want More? As a construction or service based business owner, how are you expanding your financial future? Today I want to talk about FIVE ways a construction or service based business owner can expand their financial future and stay out of the red.  Tip 1: Diversify your revenue streams  If your business relies solely on one product or service, it’s time to start thinking about diversification. Look for complementary offerings that can help you expand

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Do you consider yourself a low-risk, moderate-risk, or high-risk investor?

Do you consider yourself a low-risk, moderate-risk, or high-risk investor?

Add Your Heading Text Here Do you consider yourself a low-risk, moderate-risk, or high-risk investor? How do you invest in your business? Today I want to share about three types of investors and how you can create cash flow as a Construction or Service Based business owner without taking on high-risk investments to do it.  In my professional opinion, there are three types of investors… -People who do not invest at all -People who invest not to lose -People who invest to win What type

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