Financials

Should you cash a final check marked “paid in full” if you dispute the amount that’s owed?  

What to keep in mind as you prepare to file taxes for your remodeling business

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Dos and don’ts in preparing a tax filing for your company

By having cash reserves, you can offset unpredictable business setbacks

Having cash reserves can offset unpredictable business setbacks or fund future growth

 

Create a system to ensure and build your profit

If you run your business with profit as an afterthought, it's time to make a change. 

For longer projects, percent-complete accounting is the best way to track revenue and gross profit

Protect gross profit by regularly comparing estimated to actual costs, line by line

Unpaid invoices and IOU in piggy bank

The best way to manage unpaid invoices is not to incur them to begin with. But that's far easier said than done.

Finance: The Contractor’s Formula to Success for Good Times and Bad

Overhead cost increases during economic growth spurts should be treated as temporary

How to grow remodeling business past 1 million dollars

Flickr/Ken Teegardin

Planning your business’s growth is like planning for a remodeling project

The Leading Indicator of Remodeling Activity indicates slowing growth in 2015

Courtesy of the Joint Center for Housing Studies

Analysts attribute the projected deflation to weakening home sales last year.

Photo: morgueFILE

There’s still time to squeeze in some tax perks for your business before 2015 hits.

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“If a business is not growing it is dying,” says Mark Richardson. 

Photo: morgueFILE

There are a few situations when an employee’s commute may be eligible for overtime pay.

Photo: morgueFILE

New home construction grew nearly 22 percent in 2014 according to the U.S. News & World Report

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Going to court should be a last resort, unless you’re willing to play a very expensive game of cat and mouse that leaves everyone involved frustrated and further from a resolution.

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