Driving Growth: The Essential Key Point Indicators for Contractors

Image Source: Unsplash Key point indicators for contractors can be what make or break a contracting business. As a contractor, you know that to gain sustainable growth, it’s super important to have a good understanding of the factors behind that growth. This is where Key Point Indicators (KPIs) can come in handy. KPIs are measurable […]

Contractor Income Statements: What To Focus On?

As a contractor, understanding your income statements is crucial for managing your finances and ensuring the success of your business. Your income statement provides a snapshot of your business’s financial performance over a specific period. In this blog post, we will delve into the key components of contractor income statements and what contractors should focus […]

Three Invoicing Mistakes: How to Avoid Them

Not enough cash is the number one killer of small businesses, no matter what the industry. You can’t grow if you don’t have enough money to pay for supplies, marketing, and payroll. It’s worse with the trades industry. A lot of times clients are slow to pay or aren’t charged until the end of a project. […]

Forecasting the Future: What You Need to Know

You step into the bookkeeper’s dark office, closing the door behind you. She sits in front of you, several monitors behind her all showing the same thing: QuickBooks Online’s logo as a screensaver, dancing around like a rubber ball in a bouncing castle.  “Please take a seat,” she points at the chair in front of […]

Six Good Reasons You Need a Bookkeeper as a Tradesman

A lot of you may be wondering, “If I already have a CPA or accountant, why would I need a bookkeeper?” While accountants are very talented at what they do, most don’t have the time to focus on the details that is bookkeeping and instead prefer to refer their clients to a bookkeeper. Bookkeepers are […]