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Los Angeles Business Bookkeeping Services – Choosing the right firm

MyIRSRelief

Bookkeeping is a very important part of any business and unless you have a dedicated department to handle yours, you should consider hiring an outside tax/accounting firm. As part of our research for this article we discovered many benefits of using a bookkeeping service and we included our top five reasons.

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How to Find the Best Bookkeeping Service For Your Construction Company

Steve Feinberg

When it comes to running a construction firm, bookkeeping is one of the most important aspects of keeping your finances in check, your budget balanced, and your business profitable. But construction isn’t like a sales-based business, which may only have a single revenue stream and predictable expenses from quarter to quarter.

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Cost Overruns in Construction Projects And How to Manage Them

Steve Feinberg

Cost overruns in construction projects are exactly what they sound like: You meticulously considered the project, offered a detailed bid, spent time, resources, and capital to complete the work to code and client satisfaction—only to have spent 30% more than you initially planned to when the job is finished.

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Cost Overruns in Construction Projects And How to Manage Them

Steve Feinberg

Cost overruns in construction projects are exactly what they sound like: You meticulously considered the project, offered a detailed bid, spent time, resources, and capital to complete the work to code and client satisfaction—only to have spent 30% more than you initially planned to when the job is finished.

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Regular Bookkeeping vs Construction Company Bookkeeping: What’s the Difference?

Steve Feinberg

Every business needs a strong bookkeeping system at its core to account for the everyday variables that make a business profitable— taxes and fees , payroll, expenses, etc. Bookkeeping is a highly specific task, and it’s understandable that not every business owner would know how to, or would even want to, take on the job themselves.

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Overcoming Your Most Common Construction Business Time Waster

Randal DeHart

Every day you make financial decisions about your company, which affect how successful and sustainable your construction business is. If you're responsible for the bookkeeping and all the paper management (bills, receipts, estimates, invoices), you could be making errors that affect your decisions.

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The Fraud Factor: How Outsourced Bookkeeping Can Safeguard Your Company

Randal DeHart

Construction companies are not spared and are even more vulnerable to various fraudulent activities, from bid rigging and inflated costs to payroll fraud and misuse of funds. What can you do as a construction business owner with three or more employees? Fraud can be a significant threat to businesses of all sizes in any industry.