Net Profit

Estimating: From Yellow Pad to Excel Spreadsheet
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Estimating: From Yellow Pad to Excel Spreadsheet

As your business grows, you'll need to develop an estimating system that does more... More

Nothing but Net
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Nothing but Net

Judging a company's profitability based on gross profit can be misleading. Your... More

Protecting Profits in Your Construction Business
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Protecting Profits in Your Construction Business

Let's begin this month by reviewing some basic financial concepts and benchmarks. More

Determining Your Break-Even Point
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Determining Your Break-Even Point

Like many small contractors, you probably want your business to grow and produce... More

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Looking Beyond the Bottom Line

Too often, business owners will print a profit-and-loss statement (P&L, also called an income statement) and then look at just the bottom line net profit. More

Preventing The Cash-Flow Crunch
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Preventing The Cash-Flow Crunch

If you don't front-load your payment schedule, you may find that the cash crunch... More

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Accounting Habits of Successful Contractors

A CPA explains how to organize your monthly schedule so that you’re always keeping an eye on job costs — and turning a profit. More

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Strictly Business: The Language of Accounting

What your accountant is telling you More

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Tracking Your Profit

Using the percentage complete method, you can accurately track revenue and profit throughout your jobs. More

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A Simple System for Turning a Profit

There are only so many billable hours in a year. By including overhead and profit in labor charges, a small construction company can ensure that all its costs are covered. More

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