Everyone is trying to work hard in regard to retention of employees. Good employees can improve your operation immensely.
Paying good wages for people that you feel confident are going to be able to generate cash and profitability in your organization will help your company. Fight your cost structure daily. Evaluate your labor incentives. These and many other best practices about billing, deposits, and receivables; as well as organizing the cash process are reviewed in this video.
Theran J. Welsh, CPA
- Playmaker, LLC
- Focus is on helping contractors create shareholder value by understanding their cost structure to bid and win profitable work and ensure their tax structure is a model to support a sustainable organization
- He spends time with contractors to identify options for revenue reporting to reduce tax liability and identify industry-specific tax strategies to reduce tax liability, with the end goal of creating shareholder value
- His experience will help executives of construction companies identify the key performance measurements to pursue profitable work to sustain their organization
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