Another Construction Contracting Success Story

 

Frequently, what we do to aid our clients as they grow their construction contracting businesses is a steady process wherein the gains are best noticed in hindsight. After a few months of working with us we hear things like, “Yes, that is exactly how I always wanted it to be, but didn’t know how to get there,” or “I had no idea it would be that easy, thank you,” or “This makes so much sense now, we had been doing it wrong for so long I didn’t think we could ever get it straightened out.”

All those words of praise and thanks are wonderful for us to hear, and we are so glad to be able to make the lives of our clients easier while also helping them to gain a profit-making status they had not before been able to achieve. We tend to be like the proverbial cowboy who doffs his hat and says, “Just doing my job, mam, just doing my job.”

Yet, there are those times when we see such a noticeable change in such a short period of time that both we and our client are in a high-five mode.

Let’s backup

Before I go further with this success story, I think I need to backup and give you a little behind the scenes information. You see, we, like many others, have developed an “ideal client” profile. Obviously, our ideal client is a construction contractor. Here are the other things our ideal client is:

Tech savvy or willing to learn

Determined to scale their business

Accountable and responsive

Inclined to offer referrals

Willing to listen to and act upon our advice

Now back to the success story

A while back a contractor who had a dismal set of books contacted us. The books were so dismal, in fact, it was easy to see he was on the brink of bankruptcy. Yet. Yet, he did seem to fit into our ideal client profile.

After a few weeks of working with this contractor and realizing what was sorely needed was an infusion of the all mighty dollar, and knowing that getting a loan was not the best course of action, (heck, borrowing “affordable dollars” wasn’t even a feasibility,) our Construction Accounting Specialist, Tonya, stepped to the plate, gave the contractor some guidance, then stepped back to see if indeed he was “willing to listen to and act upon our advice.”

Sure enough, what was once a construction company owner only a few weeks away from needing to close the doors and walk away is now a force to be reckoned with in his field of expertise.

The guidance offered by Tonya was sound business advice, yet it wasn’t an easy task to accomplish. It took trust in the advice as well as a willingness to do things just a bit differently than had been done before. Well, when you get down to it, it took guts.

Perhaps we need to add to our ideal client profile, “has guts.” On second thought, that isn’t necessary. “Has guts” comes with the territory of “owns a construction contracting business.”

There you have it

Well, there it is, another success story that has us jumping around and high-fiving all over the place.

Do you fit our “ideal client” profile? Would you like to be among those savvy contractors who are taking advantage of the services we provide?

Give us a call 480-442-4032 or get in touch here.

Continuing Education in the Schulte and Schulte Camp

QuickBooks Online Advanced ProAdvisor BadgeYou may have noticed that we proudly display the badges we receive for our efforts in continuing education concerning our QuickBooks knowledge and expertise. They’re not easy to obtain, and quite honestly we’re glad that is the case. We don’t (and no one can) purchase those badges. They must be earned through study and testing.

But, those badges are only a small piece of the continuing education we’re committed to here at Schulte and Schulte.  

Continuing education is a vital component to providing our clients the best possible care

  • Continuing education allows us to clarify and better understand the processes and procedures of bookkeeping as advanced by and through technological updates and renovations.
  • Continuing education gives us the opportunity to acquire both theoretical as well as practical knowledge and to improve our problem-solving skills.
  • Continuing education allows us to establish and uphold our commitment to the occupational standards for professional bookkeepers.

Yet, there is more to it than that.

Keeping up to date on regulations and trends in the construction industry is an important way we work to properly assist you

Although we are experts in our area of specialization (bookkeeping for small to midsize Construction Contractors and Subcontractors,) we still have to stay on top of what’s new. We spend several hours each month reading, attending webinars and teleseminars, as well as participating in a weekly QuickBooks ProAdvisers group.

Thus, our continuing education benefits both our business as well as the businesses of our clients. One example of how we work to support your business is the article we wrote Playing Like One of the Big Boys Just Got Easier (3 Apps to Choose From) concerning the pros and cons of three different apps after a great deal of self-education on the subject.

We also “break it down” for you when considering what is happening concerning regulations and rules, for example this article – MRRA doesn’t stand for My Real Rare Adventure – Really! – concerning MRRA and TPT.

Our continuing education focus

Our continuing education is focused on three areas:

  1. Keeping up with the newest and best ways to process and engage in the bookkeeping we provide for our clients.
  2. Learning about the ways our clients can stay ahead of the curve whether it be housed in their financial reports or the latest tech devices and systems geared toward the construction industry.
  3. Gaining understanding of the best ways to assist our short term customers* through consultations and one-on-one training.

*We provide ongoing bookkeeping for a few select firms, and we also provide training and consultation for others who wish to do their own bookkeeping but need occasional information and guidance.

How we acknowledge and celebrate when we achieve a learning goal

Crazy as it seems, after we clink the glasses together, take the last bite from our celebration plate, and speak words of congratulations the final part of our celebration is to establish a new learning goal. Yeah, we’re crazy like that.

Do you need to continue your education in order to be able to use your bookkeeping system to its fullest? Give us a call and we’ll be happy to set up a consultation or one-on-one training for you or your staff. 480-442-4032