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Скачать или смотреть 3 Essential Steps to Building a FINANCIAL SYSTEM for Contracting Success

  • Automated Cost Tracking Solutions
  • 2024-12-20
  • 17
3 Essential Steps to Building a FINANCIAL SYSTEM for Contracting Success
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Описание к видео 3 Essential Steps to Building a FINANCIAL SYSTEM for Contracting Success

If you’re a contracting or service-based business owner, stepping out of daily project work means you need to hire someone to manage your projects effectively. But can you afford to?

Many contractors don’t know their expenses per job or whether they’re consistently profitable. Without this knowledge, hiring a project manager with confidence can seem impossible.

In this video, we break down the three key components of a solid financial system to help you track and manage your job expenses effectively.

Track On-the-Job Costs in Real-Time:

Keep tabs on tools, materials, and job expenses without overburdening your team.

Monitor Employee Hours and Contractor Expenses:

Ensure accurate and timely payments for your team and contractors.
Avoid underpaying, overpaying, or delays.

Streamlined Reporting:

Maintain clear records of payments to employees and contractors to stay compliant with tax regulations and avoid issues with the IRS.

When you’re not tracking expenses in real-time, critical data often slips through the cracks, leaving you to bid jobs with outdated information.

This can result in unprofitable projects and poor decision-making. By building a robust financial system, you’ll gain clarity on your costs, profitability, and the rates you need to charge to grow your business.

ACTS Software makes it easy to manage sales, project management, and financial systems all in one place. With its real-time tracking capabilities, you can confidently step out of the day-to-day operations and hire the right people to run your business.

Ready to take control of your financials and ensure your business’s success? Watch this video and start building the systems you need to thrive!

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