0279: Construction Contractors Need A Nudge To Change

This Podcast Is Episode Number 0279, And It Will Be About Construction Contractors Need A Nudge To Change Construction Contractors know lots about the work they do. As an expert in their fields from finish carpentry, tile setter, masonry, roofer or landscaper the finished product looks beautiful. When a skilled craftsman does the work, it looks effortless. Others think I could have done that. Most of the time we are so busy looking for the finished product that we are unappreciative of all the work that happens behind the walls, floor, and ceilings. It is magic when we turn on the light switch, run the dishwasher, start a load of laundry and take a shower or turn the thermostat up or down. Air Conditioning is awesome on a hot day. For us; in the Seattle area, “Hot” is only slightly warm to Phoenix, Arizona or many parts of California. Seattle gets much Rain and once in awhile snow (like over my house) it may be raining everywhere else, but if there is snow in the forecast, I will see snow for a little while. It may not stick but is usually what you want to see on Thanksgiving Day and Christmas Day. As May is over; I am thinking of a couple of remarkable years. One year it rained almost every day; usually, late afternoon, early evening and was nice during the day. Another year we had hot, sunny days. It was air conditioner weather (for Seattle that is 80 Degrees) all ten days of it. Then it’s gone.   Rest of the summer is warm if we are lucky and chilly, gloomy and gray when we are not. We keep thinking those few sunny days in May could not have been our entire summer. However, that year – It was.   Many people say I will start something new Next Year; there is always the Next Year. There is always, today, tomorrow, this week, next week, this month, next month and finally next year.  Question is what are you waiting for? Are you starting something or ending something? Reminder stating an S-Corp can be done at any time.   I hear this a lot. I am thinking about this. Thinking and planning is always a good thing. There is a HUGE DIFFERENCE between planning forever and stepping out and doing something. Commencing To Begin! Well known phase is “You Can Fix Something” (author unknown) I like chatting with contractors like you and learning about your business. One of the things I learned is that many people who are an “artist at their craft” are not usually as good about the paperwork. That is okay. There is a Difference Between Reasons and Results. The government likes results (numbers, reports) One of the reasons is that there is an illusion that “I am fantastic at “this” so anybody can do “that.” It can’t be that hard; forgetting all of the time, the effort it took to be the master craftsman at what they do.     Another reason is the illusion of time. Bookkeeping should not take very long. I will get to it tomorrow. As weeks and months go by. Tomorrow never comes, and the paperwork piles up from Yesterday and Today.  Tomorrow becomes today, and you still do not have enough time; soon it will be Yesterday. Choosing software based on its ability to sync with an app does not always have the desired results. Garbage in still equals garbage out no matter how many apps you tell to “Just Do It.”   It is unrealistic to expect Software and an App to understand your business and give you proper reports.  If you don’t know what you are doing “How do you expect to be able to tell the software what to do?” Choosing Somebody, anybody to do your bookkeeping can have a negative impact on your Budget. Numerous Tax Accountants try to do the bookkeeping and get lost. My suggestion is to choose someone who specializes in Construction Accounting. I have had prospects tell me that their Neighborhood High School Student, their Nanny, their friend, on a few occasions a condition of being girlfriend was that that person had to do the bookkeeping. Rinse and Repeat Model! Recommend that spouses always be involved in the business.   Your spouse is your partner. Who better to help watch the money.   As a small contractor, the money goes fast enough without any outside help. Ownership (even a small percentage) means that your spouse has check-writing authority with the bank. You are busy but what if something happened to you?      Ownership also allows your spouse to talk to Government Agencies, make payment plans as needed. Without that; each of the agencies could in effect “Pat your spouse on the head like a little kid” and say we don’t have to talk to your spouse because his | her name is not on any of the paperwork (HA, HA) In my opinion, some of them are quite gleeful about it. Remember, they can’t see the crisis from their house. The ability to move money, write a check does not impact their lives in any negative way. We are here to help. Promote owners and spouses have a basic understanding of their numbers. If you are feeling confident in your choice of “Who Does Your Bookkeeping” Fantastic.  We have Customized products to assist on www.FastEasyAccountingStore.com We are continually improving our processes and workflows. Sometimes we choose software that “Looks Good” but in reality does not always work as well as we like. The software may be too hard for Staff or Clients to use. Other times we find that the software after a few updates works wonderfully and we embrace using it. If it does not work, we look for other options. What 3rd Party software do you use? Our Outsourced Accounting Clients are excited whenever we find a product that works for everyone. Clients have embraced Document Management Systems because it frees up their time and limits the number of documents that need to be scanned into our paperless server. We love Paper because we can convert it to paperless and store it electronically. We added our Fast Easy Accounting Contractors App because clients wanted more ways to be able to link to software using their phones.It is a Free App. So of the programs require a subscription to access. Sign up and use the Free portions. This allows for links used on the desktop to be available in a mobile environment. Read our Blogs.  We welcome Guest Posts because everyone benefits from the ideas of others. Thinking Happy Thoughts For Everyone. Sharie Helping Contractors around the world is one of the reasons we added the FastEasyAccountingStore.com Follow our blogs, listen to Contractor Success M.A.P. Podcast. We Appreciate Our Visitors, Listeners, and Subscribers. – Thank You!! Please feel free to download all the Free Forms and Resources that you find useful for your business.   We are here to Help “A Little or A Lot” depending on your needs. In Conclusion: Helping Contractors around the world is one of the reasons we added the FastEasyAccountingStore.com Follow our blogs, listen to Contractor Success M.A.P. Podcast. We Appreciate Our Visitors, Listeners, and Subscribers. – Thank You!! Please feel free to download all the Free Forms and Resources that you find useful for your business. Download The Contractors APP Now! Access code: FEAHEROS The QR Code Below Will Go Apple Or Android Store Whichever One You Need Simply scan the QR code below or search for ‘MyAccountants’ in the App Store and enter the Access code: FEAHEROS to utilize the powerful App features and capabilities, and benefit from having our Construction Accounting App at your fingertips, 24/7. Access code: FEAHEROS Or click to download the Contractors APP now from the App or Android store      Click here to download the App on iOS: Click here to download the App on Android: We are here to Help “A Little or A Lot” depending on your needs. About The Author: https://www.fasteasyaccounting.com/free-one-hour-consultation-bookkeeping Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or [email protected] I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating the Podcast  www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast This Is One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email [email protected] Contractor Bookkeeping Done For You! Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs This guide will help you learn what to look for in outsourced construction accounting. Need Help Now? Call Sharie 206-361-3950 [email protected] Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Enjoy your day.     Sharie About The Author: https://www.fasteasyaccounting.com/free-one-hour-consultation-bookkeeping Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or [email protected] Our Workflow Removes Your Paperwork Frustrations For Contractors Who Prefer To Do Your Bookkeeping Fast Easy Accounting Do-It-Yourself Construction Accounting Store Is Open Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways: #1 EZ Step Interview inside QuickBooks Setup #2 Asked Their Tax Accountant To Setup QuickBooks #3 They Attended A How To Setup QuickBooks Class Or Seminar And QuickBooks Does Not Work The Way They Want It Too! The Answer: #1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company #2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company   Short List Of Construction Contractors We Serve Asphalt ContractorAsphalt Contractor Brand New ContractorBrand New ContractorBrick And Stone ContractorBrick And Stone ContractorCabinet Installation ContractorCabinet Installation ContractorCarpentry ContractorCarpentry ContractorCarpet And Tile ContractorCarpet And Tile ContractorCommercial Tenant Improvement ContractorCommercial Tenant Improvement ContractorConcrete ContractorConcrete ContractorConstruction EmployeesConstruction EmployeesConstruction ManagerConstruction ManagerConstruction Support SpecialistConstruction Support SpecialistCustom Deck ContractorCustom Deck ContractorCustom Home BuilderCustom Home BuilderDemolition ContractorDemolition ContractorDrywall ContractorDrywall ContractorElectrical ContractorElectrical ContractorEmerging ContractorEmerging ContractorExcavation ContractorExcavation ContractorFinish Millwork ContractorFinish Millwork ContractorFlipper House ContractorFlipper House ContractorFlooring ContractorFlooring ContractorFoundation ContractorFoundation ContractorFraming ContractorFraming ContractorGeneral ContractorGeneral ContractorGlass Installation ContractorGlass Installation ContractorGutter ContractorGutter ContractorHandyman ContractorHandyman ContractorHot Tub ContractorHot Tub ContractorHVAC ContractorHVAC ContractorInsulation ContractorInsulation ContractorInterior Designer ContractorInterior Designer ContractorLand Development ContractorLand Development ContractorLandscape ContractorLandscape ContractorLawn And Yard Maintenance ContractorLawn And Yard Maintenance ContractorMasonry ContractorMasonry ContractorMold Remediation ContractorMold Remediation ContractorMoss Removal ContractorMoss Removal ContractorPainting ContractorPainting ContractorPlaster ContractorPlaster ContractorPlaster And Stucco ContractorPlaster And Stucco ContractorPlumbing ContractorPlumbing ContractorPressure Washing ContractorPressure Washing ContractorRemodel ContractorRemodel ContractorRenovation ContractorRenovation ContractorRestoration ContractorRestoration ContractorRoofing ContractorRoofing ContractorSiding ContractorSiding ContractorSpec Home BuilderSpec Home BuilderSpecialty ContractorSpecialty ContractorStone Mason ContractorStone Mason ContractorStucco ContractorStucco ContractorSubcontractorSubcontractorSwimming Pool ContractorSwimming Pool ContractorSwimming Pool And Hot Tub ContractorSwimming Pool And Hot Tub ContractorTile And Carpet ContractorTile And Carpet ContractorTrade ContractorTrade ContractorTree ContractorTree ContractorUnderground ContractorUnderground ContractorUtility ContractorUtility ContractorWaterproofing ContractorWaterproofing ContractorWindow ContractorWindow Contractor Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up TemplatesSolopreneurQuickBooks Chart Of AccountsFree StuffQuickBooks Item Lists TemplatesConsulting We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950   Additional QuickBooks Templates, Resources, And Services QuickBooks Set Up Templates   Solopreneur QuickBooks Chart Of Accounts     Free Stuff QuickBooks Item Lists Templates     Consulting   We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed Please Do Not Be Concerned Because If You Are A Contractor There Is A Good Chance We Can Help You! Call Now: 206-361-3950 If you are a blogger, who writes about construction we would like to hear from you. https://www.fasteasyaccounting.com/guestblogger                                                                                                 Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Construction_Contractors_Need_A_Nudge_To_Change