Do You Really Understand the Financial Position of Your Construction Contracting Business?

 

 

If you’re like many people who own construction contracting and service businesses, you likely have little to no financial training. That’s OK, you probably have a slew of other skills which allowed you to move into the realm of business owner.

It is also likely that you put a lot of time and thought into knowing where your crews are, what they’re doing, and which tools and supplies they’ll need for the day. Yet, you may be less likely to know where your dollars are, what job each dollar has, and how well they’re pulling for the team.

Run a better construction contracting business

While business management is a multi-faceted matter, one of the best ways you gain acumen in the business world is to know and understand how to make best use of the money you control. You know you’re “getting it” when you can:

  • Grasp the benefits of Job Costing

 

  • Discern the difference between Revenue and Gross Profit

 

  • Recognize the importance of Document Management

 

  • Increase your savvy in the Budgeting department

 

  • Focus on the Important Data

 

Getting to the money matters part of accounting means you can know (not just guess) when to put your marketing dollars to use or which types of jobs will never be your friend. It means you can make sense of what was once a whirlwind of numbers and terminology.

Why build your money management skills?

Develop your money management expertise so you can help your construction contracting or service business prosper. When you see where your company’s money is actually going, you’re better able to build a path toward success.

How Schulte and Schulte fits in

Our goal is to assist you in creating an easy to follow and understand bookkeeping process. Further, we explain what is happening along the way, giving you the benefit of discerning your financial standing and taking advantage of that knowledge.

Let’s build this together. Call 480-442-4032 or get in touch here.

JOBBER: Business Management Solution for Field Service Companies

 

At Schulte and Schulte, our passion is in working with any company that fits under the construction umbrella.  This includes construction service businesses like plumbers, HVAC techs, roofers, landscape techs, etc.  Some of the apps that have been, and will be, featured in this blog series are feature filed and do have elements that would be beneficial to construction service businesses.  However, we feel strongly about finding an app or software solution for each of our clients, and this month’s featured app, Jobber, is a great solution for anyone in the construction service industry.

 

 

 

Jobber is geared toward any company that focuses on construction field service. It is a comprehensive business management solution that will aid any small to medium-sized construction service company. There are three main areas that we’d like to focus on as we dig into this app: Client Features, Team Features, and Business Features.

Client Features
Jobber has some features that will impress your clients and help keep your client information organized. It has an excellent customer relationship management (CRM) tool to keep your client’s information and communication organized. As you communicate with your different clients, whether by sending a quote, getting an e-signature, or reminders to follow up with clients, Jobber keeps track of all communication and saves it in each specific client’s file to help keep you as a construction service business owner more organized.

Team Features
These Team Features integrate both the Jobber computer software as well as their mobile app, which is available for both tablet and phone on iOS and Android. Included are various tools like Scheduling that allows you as the construction service business owner to easily create new jobs for clients and assign them to your team with only a few clicks; Map View Routing that will automatically send notice to your team as they are out in the field giving them the information that they need to get to and work the next job; and GPS Tracking so that you get a clear picture of where your team is at throughout the day as well as tracking employee hours and labor costs.

Business Features
Jobber gives you the ability to send out customized invoices so that you are in control of what your clients see on their invoices. It also has the option included of accepting payment for service right at the jobsite. Also included are Reports that provide a bird’s eye view of how your construction service business is doing, Time Tracking that makes it easy to review and complete payroll, and Accounting Sync that seamlessly integrates with QuickBooks Online to assist with your monthly bookkeeping.

We love Jobber, and would love the opportunity to share it with you. If this sounds like an app that you would be interested in checking out, please let us know!