Yvonne Root
Spooky Data Leads to Haunting Errors
Have you ever ordered too many or too few supplies for a project or over or underbid a job? Have you ever failed to account for...
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Yvonne Root
Aug 13 min read
Two Sides of the Accounting Coin for Construction Contractors
There are two sides to the accounting coin used by profitable construction contractors: Past and Future. Accounting for the Past...
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Yvonne Root
Jul 173 min read
Guide to a Sleek Construction Business
So, what is a sleek construction business? It is refined, polished, streamlined, smooth, visually appealing, functional, sustainable, and...
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Yvonne Root
Jun 263 min read
Numbers – the Most Useful Tool in Your Toolbox
What’s the most useful tool in your toolbox? No, it’s not a measuring tape, although measuring tapes are useful. What’s more useful is...
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Yvonne Root
Jun 203 min read
Profits Come in Many Ways
Although it is only three words long, the name of our construction-centric accounting firm, The Profit Constructors, says a lot. We make...
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Yvonne Root
Jun 122 min read
How to Tell These Twins Apart – COGS or OPEX
The summer between my freshman and sophomore years in high school, I was given one of my most fun babysitting jobs. A professor at the...
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Yvonne Root
May 153 min read
Why We Do Construction-Centric Accounting and Advisory
Just as the owners of construction businesses must, on occasion, step back and answer the question of why they bother, we, too, must...
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Yvonne Root
Apr 242 min read
Contingencies! Do You (Really) Understand Them?
Why do some people (both construction clients and contractors) assume that calculating costs + contingencies + overhead + profit is...
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Yvonne Root
Mar 134 min read
Risk Mitigation is in the Details
You understand that construction risks are potential events or factors that can and sometimes do negatively impact a construction...
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Yvonne Root
Feb 283 min read
A Guide to Auditing Expenses – Part 4
Auditing a Few More Things In the first part of this 4-part series concerning auditing expenses in your construction business, I...
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Yvonne Root
Feb 213 min read
A Guide to Auditing Expenses – Part 3
Auditing Insurance Policies In the first part of this 4-part series concerning auditing expenses in your construction business, I...
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Yvonne Root
Feb 143 min read
A Guide to Auditing Expenses – Part 2
Auditing Employee Expenses In the first part of this 4-part series concerning auditing expenses in your construction business, I...
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Tonya Schulte
Jan 242 min read
Drawing Back the Curtain: It’s About Quality Assurance
It’s time to shine the spotlight on a team member at The Profit Constructors! Who Leslie Is Leslie King, our Quality Assurance Manager,...
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Yvonne Root
Jan 107 min read
What You (Really) Need to Know About Your Chart of Accounts
Whoa! Really? Yeah, really! What do you REALLY need to know about your Chart of Accounts? After all, you’re a construction contractor....
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Yvonne Root
Dec 27, 20232 min read
The Month Doesn’t End Until I Say It Does!
If you’re not in the accounting field, you may not understand why the accounting professional can boldly hold up his or her hand and...
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Yvonne Root
Nov 29, 20232 min read
Legacy: Why it’s Worth Considering
Here at The Profit Constructors, we work with many construction business owners who are interested in leaving a legacy that will endure...
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Yvonne Root
Apr 19, 20233 min read
Is a WIP Report Worth the Effort? Puzzle it Out
Indeed, effort is put into creating Work in Progress (WIP) reports. There is the further effort put into maintaining them. And even more...
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Yvonne Root
Apr 5, 20233 min read
10 Common Mistakes to Avoid When Interacting with Your Construction Accounting Team
Making the most of your relationship with your construction accounting team means that you’ll achieve better results with less hassle...
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Yvonne Root
Mar 22, 20234 min read
Upgrading Your Processes – Part 1
Getting the Fire Going While knowing how to start a fire in the wilderness with only a few tools and a bit of wood can be a fun...
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Yvonne Root
Mar 15, 20233 min read
Envelope-Style Cash Management
Going With the Flow Cash Management in the construction industry is a make-it-or-break-it piece of financial administration. The flow of...
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