A profitable construction business can still experience cash pressure. Cash may be tied up in customer payments, retainage, or the timing between when job costs are paid and when customer cash is collected. At the same time, payroll, subcontractors, suppliers,...
Knowing whether your construction business is profitable is only part of the picture. You also need to understand which jobs are producing profit and how their financial results differ. This worksheet helps you compare job-level profitability information so you can...
Knowing whether your construction business is profitable becomes more useful when you can compare the numbers behind the result. This worksheet helps you organize key profitability information from two meaningful reporting periods, compare what changed, and identify...
Knowing whether your construction business is actually making money involves more than checking sales or looking at the bank balance. Profitability becomes clearer when you understand how revenue, direct job costs, gross profit, gross margin, operating expenses, and...
A Profit & Loss statement can tell you much more than whether revenue went up or whether there is money left at the bottom of the page. Read correctly, it helps you understand how your construction business produced its financial result. You can see how much...