Resources
Insights on cash flow, financial leadership, and growing your business.
A WIP schedule for boat builders is a monthly worksheet that tracks every active build: the contract price, the estimated total cost, the cost incurred so far, the percent complete, the revenue earned, and the amount billed. Comparing earned revenue to billings then shows whether each build is overbilled or underbilled. WIP stands for work […]
Read articlePreparing a business for sale means making your financials something a stranger can trust. So buyers check three years of consistent statements, whether earnings are real and repeatable, how much cash the business needs, and how much depends on you. But we advise starting at least a year before you want to sell. So this […]
Read articleWhen an HVAC company grows revenue 30 percent and the HVAC profit margin still shrinks, the cause is almost always one of four things. Pricing didn’t keep pace with costs. Growth landed in a lower-margin service line. The shop added crews faster than the schedule could use them. Or overhead grew ahead of the revenue […]
Read articleJob costing for movers means working out what each move actually cost to run, then comparing that number to what you charged. Three inputs drive it: cost per crew hour, cost per truck hour, and materials per job. Most movers price from a market rate or a competitor’s quote. So some jobs quietly lose money […]
Read articleChoosing a fractional CFO in Florida comes down to three things. You need relevant industry experience, a clear engagement structure, and a person who stays reachable month to month. Many firms offer the service. The difference between a good fit and a wasted retainer usually lives in the details. This guide gives you a ten-question […]
Read articleStandard costing vs. actual costing comes down to this. Standard costing assigns each product a predetermined cost based on expected material, labor, and overhead. Then it tracks variances against actual results. Actual costing assigns each product the real cost incurred for that specific run. Most small manufacturers between $5M and $25M in revenue do better […]
Read articleManufacturing CFO services for a $5M to $25M plant focus on three things a standard bookkeeping setup rarely gets right. Does the plant cost products accurately enough to price with confidence? Does fixed overhead actually make it into unit cost as volume changes? And does someone manage cash tied up in inventory and receivables deliberately, […]
Read articleLabor cost percentage for a home services business commonly lands somewhere in the high teens to mid-thirties percent of revenue. That wide range isn’t a mistake. It depends on whether you’re measuring direct field labor alone or a fully loaded figure. It also depends on your specific service mix. The number matters less than knowing […]
Read articleA home services fractional CFO gives HVAC, plumbing, electrical, and similar trade businesses CFO-level financial management. No full-time hire required. That means pricing discipline, labor cost control, cash flow forecasting, and monthly reporting an owner can actually use. It’s the role that answers the question every growing home services owner eventually asks: why did revenue […]
Read articleCustomer deposits are not revenue. They’re a liability. The boat builder still owes the customer a finished boat, or the money back, until the work is actually done. Recording a deposit as revenue the day it hits the bank is the single most common mistake we see in boat builders’ books. It’s a mistake that […]
Read articleA fractional CFO for a boat builder does one thing generic bookkeeping almost never gets right. They separate what A fractional CFO for a boat builder does one thing generic bookkeeping almost never gets right. They separate what the builder has actually earned on a long, deposit-funded build from cash that’s just sitting in the […]
Read articleMoving companies run out of cash in the off-season because the P&L takes an annual view, but the bank account runs on a weekly one. Moving and storage businesses typically see their slowest stretch from late September through March. A year can close profitable while still including several months where payroll is a genuine question. […]
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