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Other Added - Construction Company Profits - Save Tens-of-Thousands of Dollars INSTANTLY
S Corporation Advantages aid for the material not delivered!The primary advantages S corporations have over regular corporations are tax-related. Owners of S corporations are not subjected to the double taxation all C corporations face. Profits can be passed through the owners’ individual income tax, while the corporation itself is not The Burruano Group instituted one week of “delivery testing” in which the field supervisor received materials and checked them against the PO. We discovered hundreds of dollars of material erroneously billed by the building materials distributor to our client. In addition, their labor overruns were made Home improvements Two of our recent clients, one construction company with over $100 million in revenue and exceptional personnel, training, and controls in force, and another with under $2 million in revenue without any controls, had the same problem that so many of our clients face…lost profits from lack of controls of material deliveries in the field.Home improvements are remodeling projects undertaken by homeowners to improve their home not only aesthetically or as living quarters but as an investment. They expect to get the returns on their invest ment when they sell their house. According to sources, home improvements, h Our larger client builds homes valued over $5 million and sells them at cost plus a profit percentage. The smaller client builds residential renovations and decks at a fixed price. In both cases, we found that their materials were being delivered to their job site without being checked in by their field superintendent. The result of that mistake was that the larger builder lost $80,000 because their client rejected an invoice where the costs for mill work and lumber were $80,000 over budget. Was the material stolen? Was it ever delivered? We discovered that the materials were never used in the construction of the home! The smaller company had material costs averaging 10-15% over budget. The materials were dropped off at the job site without anyone checking them and the materials were often short and spot purchased in the field. Our one day analysis of “jobs” showed that the supplier was short delivering, back ordering material and billing the client for the full order, while our client purchased the backordered material and then paid for the material not delivered! The Burruano Group instituted one week of “delivery testing” in which the field supervisor received materials and checked them against the PO. We discovered hundreds of dollars of material erroneously billed by the building materials distributor to our client. In addition, their labor overruns were made e How to Finance your Growing Business using Alternative Financing er client builds homes valued over $5 million and sells them at cost plus a profit percentage. The smaller client builds residential renovations and decks at a fixed price. In both cases, we found that their materials were being delivered to their job site without being checked in by their field superintendent.Do you own a growing business that needs financing? If you are like most business owners, whenever your business needs money you head over to the bank. Unfortunately, as most small business owners soon find out, most banks do not lend money to businesses unless they have signif The result of that mistake was that the larger builder lost $80,000 because their client rejected an invoice where the costs for mill work and lumber were $80,000 over budget. Was the material stolen? Was it ever delivered? We discovered that the materials were never used in the construction of the home! The smaller company had material costs averaging 10-15% over budget. The materials were dropped off at the job site without anyone checking them and the materials were often short and spot purchased in the field. Our one day analysis of “jobs” showed that the supplier was short delivering, back ordering material and billing the client for the full order, while our client purchased the backordered material and then paid for the material not delivered! The Burruano Group instituted one week of “delivery testing” in which the field supervisor received materials and checked them against the PO. We discovered hundreds of dollars of material erroneously billed by the building materials distributor to our client. In addition, their labor overruns were made Are Fake Security Cameras Effective? the larger builder lost $80,000 because their client rejected an invoice where the costs for mill work and lumber were $80,000 over budget. Was the material stolen? Was it ever delivered?Are fake security cameras effective? The answer is a resounding "Yes."Fake security cameras have helped to prevent many crimes. Mounted in high profile, totally visible locations, these cameras are not hooked up to anything, they mostly operate for a long time on batte We discovered that the materials were never used in the construction of the home! The smaller company had material costs averaging 10-15% over budget. The materials were dropped off at the job site without anyone checking them and the materials were often short and spot purchased in the field. Our one day analysis of “jobs” showed that the supplier was short delivering, back ordering material and billing the client for the full order, while our client purchased the backordered material and then paid for the material not delivered! The Burruano Group instituted one week of “delivery testing” in which the field supervisor received materials and checked them against the PO. We discovered hundreds of dollars of material erroneously billed by the building materials distributor to our client. In addition, their labor overruns were made Cheap Corporate Gift Baskets e materials were dropped off at the job site without anyone checking them and the materials were often short and spot purchased in the field.It is important to show your appreciation to your customers and employees to maintain good business relations. Cheap corporate gift baskets are apt to let your business clients know that you are grateful for their business or to convey a message to your employees that their har Our one day analysis of “jobs” showed that the supplier was short delivering, back ordering material and billing the client for the full order, while our client purchased the backordered material and then paid for the material not delivered! The Burruano Group instituted one week of “delivery testing” in which the field supervisor received materials and checked them against the PO. We discovered hundreds of dollars of material erroneously billed by the building materials distributor to our client. In addition, their labor overruns were made Traveling Safe when on International Business aid for the material not delivered!Safety is a concern no matter where you travel in the world. Of course, some countries and cities will be safer than others will, but it is always important to be alert and to keep personal safety in mind when you travel. Before You Leave HomeBefore you go, make a photo The Burruano Group instituted one week of “delivery testing” in which the field supervisor received materials and checked them against the PO. We discovered hundreds of dollars of material erroneously billed by the building materials distributor to our client. In addition, their labor overruns were made even higher due to their employees finding it necessary to take the time to locate, pick up and deliver the shorted material! To avoid this loss of dollars, provide your field superintendents with a report of materials to be delivered, copies of the purchase orders and an instruction to check the materials delivered against the report and PO. Follow this procedure, and you’ll find thousands of lost dollars in material deliveries!
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