I understand what it
takes to make a construction
firm profitable.
The construction industry, with its seasonal nature, worksite variables and
billing irregularities presents a special set of financial hoops for business
owners. Kim Chaney has worked with many construction firms and knows what it
takes to overcome industry challenges and achieve success. Here are just some of
the special considerations:
- Billing Cycles. Your bills are usually generated once a month, but
you incur costs constantly. How do you balance it out?
- Setting Budgets. This is particularly difficult and even more
important in construction due to seasonal work and lack of control due
to weather, raw materials, subcontractor reliability, etc.
- Compliance Issues. Additional outside pressures from banks and
bonding companies looking for more frequent info make compliance a
necessary evil. Know how to handle it.
- Office vs. Field Staff. Learn how they can work together and
appreciate each others’ responsibilities.
- RFP Complexities. Some requests require financial ability to
complete projects. Know how to respond.
Kim Chaney CPA has the experience and the expertise to help you turn
these adversities into advantages. To talk with her about your specific
financial needs, click here or call 240.818.2187.
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"Kim worked with us to streamline a simple yet effective system to record our income and expenses, and to keep our payroll in compliance. She promptly answers our questions and is always available to support our growing business."
Eric Plauger,
Owner
Epic Remodeling
Smithsburg, Maryland
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