Resources
Insights on cash flow, financial leadership, and growing your business.
Equipment financing vs leasing comes down to ownership. Financing means you borrow to buy and own the equipment, but leasing means you pay to use it. Financing builds ownership and can allow faster tax deductions, while leasing usually needs less cash up front. This is general information, not tax advice. First, this guide explains how […]
Read articleTo price jobs for profit, start with what each job costs you directly, add a share of your fixed overhead, and then add the profit you want. A price below your break-even covers the work but not the business. So this guide shows the formulas, a worked example, and a test to run on every […]
Read articleFlorida sales tax for contractors depends on the type of job. On a real property job, a contractor usually pays tax on the materials but does not charge the customer. Installing tangible personal property is different, however. There, the Florida Department of Revenue says to charge tax on the total charge. This is general information, […]
Read articlePurchase price variance (PPV) is the difference between the standard price a manufacturer planned to pay for a material and the actual price it paid, multiplied by the quantity purchased. A positive result means you paid more than planned. So it is one of the earliest signals that material costs are drifting away from your […]
Read articleMulti-location home services businesses consolidate by putting every location on one chart of accounts, combining the results, and eliminating transactions between their own entities. Then they read the numbers two ways: the consolidated total and each location’s P&L. That matters, because a total alone can hide a weak location inside a healthy number. Intercompany transactions […]
Read articleKnowing when to hire a CFO for a moving company comes down to complexity, not revenue. A moving company usually needs a fractional CFO once it runs several trucks and crews, takes commercial accounts with payment terms, and the owner can no longer price and plan by feel. That point often arrives around the second […]
Read articleSelling direct can earn a boat builder more per boat, because the builder keeps the dealer margin. But direct sales also add selling, warranty, and carrying costs, and they rarely fill every build slot. So the better channel depends on what each boat nets after every cost, and on how many slots you can fill. […]
Read articleA home services KPI dashboard is a one-page weekly view of the numbers that drive the month. Eight cover most of it. They are average ticket, close rate, labor cost percentage, technician utilization, callback rate, cash against forecast, DSO on commercial accounts, and marketing cost per lead. Reviewed every Monday, they therefore show how the […]
Read articleManufacturing overhead absorption is how a plant assigns fixed overhead, such as rent, equipment depreciation, and supervision, to the units it makes. A predetermined rate, built on normal capacity, therefore spreads the fixed cost across expected output. But when actual output falls short, the unabsorbed overhead does not belong in inventory. Instead, it hits the […]
Read articleMoving companies and logistics companies run the same engine: trucks, crews or drivers, fuel, routes, a promise to the customer, and cash that arrives after the work. Because of that, the same trucking and logistics KPIs work for both. Therefore, nine numbers, reviewed every Monday, tell either owner where to look. So this post shows […]
Read articleA small business budget is a month-by-month plan for revenue, costs, and cash, so you can compare it to actual results every month. Build it in five steps: first, start from last year’s real numbers; then set revenue by month, budget direct costs as a percent of revenue, add fixed overhead, and finally check the […]
Read articleA 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 […]
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