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You may have heard about it, or you are using it for a while now for your construction business. But there are a lot of hidden gems in Quickbooks Online for contractors that you don’t know about. In this video, I’m sharing some of the features that may be really helpful in growing your construction businesses and keeping your finances under control.
My name is Elizaveta Boals, and I’m the owner of Beyond Books Solutions: Remote bookkeeping and advisory services. We help contractors to save time, money and pay themselves more!
We have years of experience working with construction companies only because we understand how different your industry is from any other.
We will lead you through your finances and make sure that nothing gets lost in it. We will be there to help, to advise, and grow your business!
Avoiding burnout is hard, but whenever you feel like you are burned out and ready to give up, it is actually the right time for changes. So what is the first step to the peaceful state of mind in our business? You guessed it right: systems and processes!
The only way to know if the price you charge is enough is if you know your numbers. So let’s make sure you know the financial requirements for operating a successful business.
Financial statements show the current financial health of a business, as well as provide a glimpse into future trends.
Having financial statements is one thing, but knowing what’s in them and how to interpret the data is another. It helps you make informed, strategized, and profit-focused decisions.
Today we will find out why many construction businesses fail, how to not only survive but thrive, and how a success mindset can help you.
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Stepping into the Digital Arena Still juggling spreadsheets or, heaven forbid, paper ledgers in the tech age? Welcome to the future, where digital in construction is a NEW NORM. Technology and software don’t just make our jobs easier; they boost ROI, making every penny count. Let’s demystify how these tools can revolutionize financial operations and project […]
The Intricate Relationship Between Labor Cost and Productivity In the world of construction, understanding the dynamics of Labor Cost and productivity is a cornerstone to achieving profitability. From my vantage point as a remote bookkeeper serving construction industry leaders, a recurrent theme has often emerged. A significant labor cost does not always signify high productivity. […]
Over the past few years, I’ve been a close ally to construction business owners, and I get this question a lot: “Eliza, which accounting software wins the race?”. My personal favorite is, of course, Quickbooks Online, but I can tell you that there is accounting software that serves well if Quickbooks Online is too big […]
Today, let’s take a moment to talk about the color green—and no, I’m not just talking about the dollar bills, although they do tie in. We’re diving into sustainable practices in construction, how energy-efficient tech can save you money, and the scoop on green building certifications. Why Sustainable Construction Isn’t Just a Trend, It’s Smart Business […]
I get it—you’d rather focus on what you do best: building awesome structures. But understanding economic trends and market analysis? That’s like reading the blueprints before you start a project. You’ve got to do it! Why You Can’t Afford to Ignore Economic Trends 📈 Imagine you specialize in building high-end condos, and all the economic signals—like […]
Ever been to the beach and tried to predict the next wave? Sometimes you nail it, other times you’re left soaking wet. Well, economic trends in construction are a lot like those waves. Some are predictable, while others seem to come out of nowhere. But imagine if you had a trusty sidekick (like your favorite […]
Imagine being the coach of a top-tier football team. Now, swap out those players with subcontractors and vendors. Sounds unusual, right? But managing your business relationships isn’t that different from managing a sports team. Both require strategy, negotiation skills, and an eagle eye for detail. Let me tell you exactly how this works in the […]
The Value Behind Managing Your Construction Equipment In the dynamic world of construction, your equipment isn’t just a tool for the job – it’s an investment. Properly accounting for and managing these investments ensures they retain value over time. Think of it this way: every crane, bulldozer, and truck you own has the potential to […]
I’ve noticed a trend: an increasing number of construction business owners are scratching their heads about how to finance their next big project. With several options on the table, which one’s the right fit for you? Let’s break down Construction financing choices, step by step: Traditional Loans: The Old Reliable Pros: Stability: With a fixed […]
Believe it or not, proper management of labor costs can really be a game-changer. It’s not just about the hourly wage. It goes much deeper. Have you ever been shocked by an unexpected overtime expense? Or realized too late that you could’ve optimized your workforce management? I get it. The hustle and bustle of construction […]