Contractor Success Map With Randal Dehart | Contractor Bookkeeping And Accounting Services

This Podcast Is Episode Number 0129 And It Will Be About Five Unique Bookkeeping Tips For New Contractor Startups So You Are Starting A Construction Company. Perhaps yours will be House Builder, Handyman Company, Specialty Contractor like a Plumber, Electrician, HVAC, Concrete Contractor or Landscape Company. Whatever it is congratulations you have or will be taking a big step toward being the Master of Your Own Destiny! I Trust This List of Five Accounting Tips For Contractor Startups Will Help You Many surveys and reports show nearly half of all new construction companies close their doors within the first five years of opening them. When we speak with contractors who failed most of them say it was due to lack of cash flow. Pretty obvious and yet when questioned all of them said they were "Blind-Sided" and were not aware they were running out of cash until it was too late. There is a point when a contracting company starts to fail and nothing short of a massive cash infusion can stop it and a domino effect