Job Costing

Bath Collections: Bath Packages Meet Need for Cost-Effective Remodels

Bath packages meet the need for cost-effective remodels during the downturn, and give clients a start line for their budget.
Added Value from Lumberyards and Manufacturers

Remodelers need to remember the added value that lumberyards and manufacturers can bring to a sale.
Business Benchmarking Survey Analysis

This year's survey looks at typical remodeling company expenses. In this article, we compare these results with those from earlier surveys.

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On-Site All Right: Daily Jobsite Log

This daily job log helps Washington remodeler Joseph Irons invoice accurately.

Percentage-of-Completion Accounting: What's It All About?

More accurate than cash and accrual results, especially for longer jobs

POC accounting methods provide more accurate results before the final numbers are in, especially for remodeling projects that stretch out over time. How to use this useful method, by QuickBooks expert Diane Gilson.

Markup-Overhead-Profit

Pitching In: Reexamining Job Responsibilities in an Effort to Cut Costs

Remodeling company owners adjust their administrative staff, retool job descriptions, and scrutinize spending to meet the economic...
Regular Checkup: Schedule a Monthly Review of Your Accounting Information

Ask yourself these seven key questions when you review your monthly income statement and balance sheet.

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Slippage

Tripping Out: Reducing Lumberyard Runs Is a Matter of Planning

Checkout lines may be shorter, but trips to the building materials store are still time wasted and money lost.
Re-Leading the Way: The Return of the Lead Carpenter System

One of the best ways to reduce costs and increase efficiency is the lead carpenter system.

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Labor Burden

Cutting Costs

By now your 2009 budget should be nearly complete — how does it look? Are you making the money you, as owner, need to make?
Opening the Books, Fortifying the Bottom Line

Don’t be afraid of open-book management, says one remodeler whose profits, productivity, and staff cohesiveness are stronger as a result of showing his employees the numbers – right down to his own compensation.
Finding Employees’ Hidden Costs

Industry consultant Leslie Shiner shares tips on how to add labor burden into your employees' hourly rates.

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Finances

More accurate than cash and accrual results, especially for longer jobs