Have you been in business as a construction contractor or specialty contractor for a while and now you are wondering what your construction company is worth?

This question comes up early and often and perhaps you would like a bit of inside information that we share with our Outsourced Strategic Contractor Accounting Services Clients.

Nothing Is Ever As Good Or As Bad As It First Appears

If you are like most contractors you learned a trade, skill or craft and after a while you decided to go into business for yourself and make "The Big Bucks" and that was one of the happiest days of your life. I've heard It said that boat owners experience two of the happiest days of their lives; the day the bought their boat and the day they sold it.

There are two answers to the question what is my construction contracting company worth.

#1 Accounting Value:

Equity Which Is [Assets or What You Own] (Cash, Tools, Material, Loans The Company Made) - [Liabilities or What You Owe] Payables, Credit Card Balances) = [Equity or what is left Over].

#2 The Real World:

The real net worth of your construction contracting company is what someone else will pay you for it. There are 100's of factors that affect how much your construction company is worth.

Listen to this Podcast for more…

If you are Thinking About Outsourcing Your Contractors Bookkeeping Services you are invited to download a guide to finding the right contractor bookkeeping service to fit your particular situation at www.FastEasyAccounting.com/hs

Call Sharie now 206-361-3950 or [email protected] and schedule your no charge one-hour consultation.