Job Costing

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1 the 2004 national association of home builders’ study combined payroll taxes and benefits; 2 these expenses were not broken out in the 2004 nahb study; 3 the 2004 nahb study also included travel in this category.

Business Benchmarking Survey Analysis

This year's survey looks at typical remodeling company expenses. In this article, we compare these results with those from earlier surveys.


 

Percentage-of-Completion Accounting: What's It All About?

More accurate than cash and accrual results, especially for longer jobs

POC accounting methods provide more accurate results before the final numbers are in, especially for remodeling projects that stretch out over time. How to use this useful method, by QuickBooks expert Diane Gilson.

 

Markup-Overhead-Profit

  • Q&A: How Large Is Your Cash Reserve?

    We ask several remodelers across the nation about the amount of ready cash they have available and how that's helping them in this...

     

  • Health Insurance Shared Burden

    When it comes to providing employee health insurance in a down economy, many remodelers are asking their employees to share the cost.

     
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Slippage

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Labor Burden

  • Cutting Costs

    By now your 2009 budget should be nearly complete — how does it look? Are you making the money you, as owner, need to make?

  • Opening the Books, Fortifying the Bottom Line

    Don’t be afraid of open-book management, says one remodeler whose profits, productivity, and staff cohesiveness are stronger as a result of showing his employees the numbers – right down to his own compensation.

  • Finding Employees’ Hidden Costs

    Industry consultant Leslie Shiner shares tips on how to add labor burden into your employees' hourly rates.

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