Hiring A Bookkeeping Service For Your Contracting Company Is Not Like Hiring A Construction Worker
Would it be a fair statement to say you know what to ask when hiring a construction worker for your contracting company?
If you need a Licensed Journeyman, you know what to ask for and you know what to expect.
If you need an apprentice, you know what to look for and what to expect. In most cases, you take over where their parents left off; however, that is a topic for another podcast.
The first thing you need to be aware of is not all accounting is the same. Just because someone is skilled in framing spec houses does not mean they can suddenly install expensive wood trim and perform finish carpentry in the home of your most valuable client and the reverse is true as well isn't it?
Just because a bookkeeping service provides regular bookkeeping services does not mean they can perform construction accounting services.
Regular bookkeeping is similar to production framing in a tract home development.
Construction bookkeeping is similar to building custom home for a demanding client.
One is fast and furious and requires very little skill and training and the other is slow and deliberate and requires immense skill and training. Don’t put your contracting company in the wrong hands, get all the facts then decide.
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Warm Regards,
Randal DeHart | Premier Construction Accountant