Joe’s construction company had never seen such a slow year. Each month, he was being awarded fewer contracts, and those jobs he did get had thinner profit margins than before. Joe knew his company wasn’t alone; news story after news story reported that construction had suffered more in the recession than any other industry. Yet […]
Smith Construction Company* had a problem. They were ready to grow their residential construction business, but their accounting was out of control. No matter how hard they tried, the books would not come together. The job cost and general ledger never balanced, and the confusion between cash and accrual accounting was a business nightmare.
Tom couldn’t believe it! He had heard stories of this happening to other people but never thought it could happen at his company, Johnson Construction. He had trusted his bookkeeper, Sharon, unconditionally. She was one of the hardest workers he knew and she had become a family friend.
When Greg approached On Track Business Management for bookkeeping help, he had no idea he was overpaying hundreds of dollars every payroll. Donna, a construction accounting expert, saw right away how Brown Construction could start immediately saving money.