3 Reasons You Should NOT Work with Schulte and Schulte

Reasons for working with Schulte and Schulte lead to excellence

3 Reasons You Should NOT Work with Schulte and Schulte

Reason 1 – you have it under control

You have your accounting under control. Your contract management goes off without a hitch. And, your company systems are top notch.

It’s understandable, you run a tight ship. You stay up to date with the latest strategies and available tech support in all accounting functions. Plus, you attend accounting conferences, take systemization classes, and understand all the features of your office tech devices.

You have several hours a day to devote to data entry, preparing and understanding financial reports, and dealing with the nuances of contract management.

And, to top it all off, all your company systems and processes are documented, stored, and easily accessed.

Best of all, your spouse, or your neighbor, or your second cousin’s ex-wife’s mother-in-law just finished a course in QuickBooks and he or she now knows exactly what job costing, quarterly taxes, payroll, change order, progress billing, and WIP reports are all about. Not to mention, he or she produces the financial reports your lending officer is likely to ask for – or the “tax man” demands.

Reason 2 – you like things the way they are

You don’t want no dumb girl telling ya “You can do this and that to make your commercial construction company more profitable and easier to run.”

Reason 3 – you can’t afford us

While the first two reasons were written tongue-in-cheek, this is indeed a real reason some must consider. We aren’t cheap. And, the reason we aren’t cheap is we are quite valuable!

Our clients remind us all the time of how glad they are that we work with them. We straighten up long miss-managed books as well as answer small questions concerning software nuances.  And, we work out the data entry solutions and develop entire systems to manage their construction business processes. Plus, we can take over the contract management duties as well as find one-on-one solutions to accounting dilemmas. We are the go-to partners for all things accounting and many things back office related.

“Thank you so much! Our CPA told us he had never seen a more complete and nicer set of books from any of his construction customers.” – a client who had been with us only 4 months when he told us this

“When we first decided to go with you, I told the other gals in the office, ‘This girl knows what she is talking about, she is good.’ I was right!” – a client who has been with us almost from the time we first opened our doors

“Having you be on our team has already gotten us through a lot of issues I wouldn’t have known how to deal with. Thanks for getting this one straightened out too.” – a client who has been with us for about 6 months

The reason to outsource

Schulte and Schulte is the “corporate accounting department” for small to medium commercial construction contractors. We are their outsourced partner.

An article from the archives of the New York Times is enlightening concerning the benefits of outsourcing.

And, this article from Inc. says outsourcing certain tasks can be cost-effective for businesses of all sizes.

3 Reasons you Should work with Schulte and Schulte

  1. We understand well the junction between Construction Contracting Street and Accounting Avenue.
  2. Our company culture means we work hard to see to it that our clients run with the big dogs.
  3. We’re not cheap – because we’re worth it.

 

Now that you’re ready to see how we can add value to your commercial construction business give us a call Toll Free: 866-629-7735 or get in touch here.  

Subcontractors in Construction – A view from both sides

Subcontractors can satisfy general contractors by going the extra mile.

Subcontractors in Construction – A view from both sides

Subcontractors are not alone

Listen Subcontractors, more than once I’ve heard construction business owners mention one of the reasons they decided to go into business was because they wanted to be the boss rather than take instruction from the boss. Some have even jested that their elementary report cards often had a notation stating, “does not play well with others.”

Truth is, “playing well with others” is a major part of owning a business in the commercial trades. A business in which one must take care of his portion of the work while striving to make it easier for the general contractor and other trades on the jobsite to take care of their portions.

Subcontractors and General Contractors

The symbiosis which takes place between GCs and subs is rather a sight to behold. Negotiations, contracts, and agreements all come with understandings on both sides of the table. You do this, and I’ll give you that, is what it all boils down to.

Yet, we all know there are times when things go awry. There are times when things go off-kilter and must be put aright before the journey to completion resumes. Following are some areas which can become sticking points.

Subcontractors take another look

Here are some complaints GCs have mentioned when it comes to dealing with subs.

Not getting paperwork signed

“My sub hasn’t given me signed paperwork which is my route to paying for their completed work.”

Make it easy for people to do what you want them to do. Want to get paid in a timely manner? Be sure you’re following all the rules laid out by the GC – including giving them the signed paperwork (also in a timely manner.)

Submittals are incomplete

“It can be any number of items, lien-waivers; payment package; drawings; schedules; diagrams – we need it all in order to complete the project, to satisfy our owners, and to meet legal obligations.”

Subcontractors who submit the appropriate documents show that they’ve read and paid attention to the contract.

Subcontractors avoid these additional mistakes

Bonding bait and switch

“When subs assure us they are in compliance and they are not, we have a major problem.”

Just do the right thing. If you’re only bonded to a certain amount say so. Period.

Going behind our back

“We don’t appreciate it when we find we have subs stepping on our toes with the owner or someone else.”

Having a complaint in which you skip the general contractor and go to the owner is bad business all the way around. Do your best to have all your meetings with the GC in order to make everyone happy. This article explains some of the problems associated with skipping the GC to go to the owner.

Too many scope gaps

“When subs complain there is more work than they thought, we know they missed too many things on the bid. We’re hesitant to work with them again.”

Do your due diligence. Read it all. Look over the plans, carefully and thoughtfully. Train yourself to look for the details if you don’t already have that skill.

What general contractors want       

It is really rather simple. This is what GCs want from their subs.

“We want subcontractors who can deliver on their promises.”

“The subs we want to work with are those who make us look good to our clients as well as our potential clients.”

“They make our job easier rather than adding headaches to the mix.”

“They are clean and pick up after themselves as well as others without thinking in terms of ‘it’s not my department.’”

“We can trust them to do the job without calling them all the time to see that the work gets done.”

“Bottom line, we want subs whose own company goals and values align with ours in providing excellent service and products to our clients.”

How subcontractors can deliver

Finding ways to be “the” sub GCs want on their team isn’t always about being the lowest bidder on any given project. Much of the work is accomplished by having your team show up and be up to the challenges they will face on the jobsite. Going the extra mile and being the team player, listening to what the general contractor wants, and acting in ways which are beneficial to all wins the day.

 

Schulte and Schulte is a virtual firm with clients from all across the United States. We provide the “Corporate Accounting Office” for small to medium commercial construction trades.

It is our aim that this article (among our growing library of construction-centric informational articles) is helpful for those in the construction trades. Want to know more about us? Call Toll Free: 866-629-7735 Or, get in touch here.