Luke LoescherSep 9, 20212 minCloud-based SaaS Can be Your Pandemic Era Super PowerHumans don’t like to change. We avoid it at all costs, fighting it until the bitter end. It’s only when we are forced to do something...
Luke LoescherAug 28, 20215 min5 Quickbooks Tips for Contractors: Construction AccountingQuickbooks is a popular accounting software choice for a wide range of companies. Many construction firms utilize it since it is simple...
Luke LoescherAug 18, 20212 minCash Flow Analysis for Small Business OwnersCash flow is the movement of money into and out of your business. You need to keep an eye on it at all times. It's important for ensuring...
Luke LoescherAug 18, 20212 minWhy cash flow can be more important than profitBusinesses are in business for profit, for the most part. It’s easy to track success, and without sales or profits, it would be...
Luke LoescherAug 16, 20213 minCash Flow in Covid-EraWhy is cash flow so important during this pandemic for businesses? A lot has occurred since the initial rise of the Covid-19 global...
Luke LoescherAug 16, 20213 minManaging Your AP/AR: Weekly/Daily When managing cash flow, it is crucial to work on accounts payable and accounts receivable as often as possible. This ritual allows you...
Luke LoescherAug 13, 20215 minCash Flow: How to Monitor, Manage, and Model It for Success In Your Construction BusinessCash flow is on every construction company owners’ mind due to the global economic conditions that 2020 has wrought. Understanding cash...
Luke LoescherAug 6, 20213 minBuild a Process with Your Cash Flow to Stay PositiveTips for creating a process to remain cash positive during poor economic conditions. While it’s true that many construction company...
Luke LoescherAug 1, 20214 minHow to shorten the cash flow cycle for construction companiesMethods and practical ways to shorten prolonged cash flow issues. In a turbulent and unreliable economy, cash can make or break your...
Luke LoescherAug 1, 20214 minWhat is Business Accounting?An overview of business accounting and management accounting. Business accounting and management accounting are more intuitive than...
Luke LoescherJul 28, 20213 minThe Potential Impact of Bad Debt on Your Construction BusinessUnderstanding bad debt and the impact of business write-offs. Large levels of bad debt can be difficult for construction companies to...
Luke LoescherJul 21, 20212 min5 Things to Expect from Your Accounting Department in a Construction or Contracting BusinessBuilding a construction or contracting company is not an easy task. You have to manage the construction, accounting, and bookkeeping for...
Luke LoescherJul 20, 20213 minWhy Your Business Needs a Virtual CFOEight out of ten businesses will fail. Statistics show that the leading reason these businesses will collapse is financial mismanagement....
Luke LoescherMay 15, 20213 min3 Ways To Increase Profits In Your Small Business Today!As business owners, we all want to be successful and have our businesses make a profit. Sometimes though making a profit isn’t as easy as...