437: How A Bookkeeper's Incompetence Can Ruin Your Construction Business

<h1 style="text-align: center;"><span style= "color: #0000ff;"><strong>This Podcast Is Episode Number 437, And It's About How A Bookkeeper's Incompetence Can Ruin Your Construction Business</strong></span></h1> <div>Contractors, by nature, are tenacious, resilient, and have a tremendous amount of "Grit And Determination To Succeed," which means they are not easily disturbed or prone to react hastily or rashly at the first sign of trouble. This is just one of the many qualities I sincerely admire about these remarkable men and women.</div> <div> </div> <div>Like you, we have callouses on our hands, having owned and operated construction companies, and some of us have served an apprenticeship in one of the construction trades. In other words, when it comes to owning, managing, and making a substantial amount of money with construction and contractor service companies, we know what we are talking about.</div> <div> </div> <div>Incompetent bookkeepers can destroy your construction company and your finances. Unfortunately, until a contractor has gotten to know us, they tend to think of us as just another contractor's bookkeeping service. This means some contractors think we are crazy to suggest that any trusted employee, especially an in-house bookkeeper, would steal money from their company, so they ignore us until it is too late.</div> <div> </div> <div> <div> <p><span data-preserver-spaces="true">Furthermore, the Construction Bookkeeper Embezzlers come in every race, creed, color, gender, and age. At least, you can filter out the incompetent ones, but there is no definitive profile, no absolute way to know which contractor bookkeeper is an embezzler until they have been caught and convicted. Even then, if you do not perform extensive background checks, you may never know it until it is too late.</span></p> <p><span data-preserver-spaces="true">As a small business owner, you're likely concerned about every penny you spend. That's a good thing because you need to keep track of your income and expenses. However, it al