Finances For Small Business Owners Blog
The go-to place to better understand how to manage your cashflow, make smarter financial decisions, and ensure you're scaling your business profitably
Job Costing for Contractors: How to Know Which Jobs Make Money
by: Alex EngarJob costing shows which jobs actually make money. What to track, a simple two-job example, how to set it up step by step, and the mistakes contractors make most.
Home Installation Company Turnaround: $222K in AR Recovered
by: Alex EngarRevenue fell by more than half at a specialty home installation company. How it corrected its books, recovered $222K in AR, and rebuilt its systems.
Electrical Contractor Profit Margins: What the Top 10% Do Differently
by: Alex EngarThe average electrical contractor nets under 8%. The best hit 18% to 22% on the same revenue. See margin benchmarks by service type, the 6 margin killers, and what a well-run $1.8M electrical company actually looks like.
How to Read a P&L Statement: Line-by-Line Guide for Owners
by: Alex EngarHow to read your P&L line by line using a real $1.8M trades company, healthy benchmarks for every category, EBITDA explained, and 3 costly mistakes.
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