Helping You Achieve Your Definition Of Success
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Transcript of Helping You Achieve Your Definition Of Success
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Helping You Achieve Your Definition Of Success
Is Our Pride And Joy
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Randalism #001“There Is No Magic”
Spectacular Success Is Always Preceded By Preparation
Success - A few simple disciplines practiced everyday
Failure - A few simple errors repeated everyday
www.FastEasyAccounting.com
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Randalism #002“P.A.M. Vs. M.A.P.”
#1 Production #2 Accounting #3 Marketing
Main Reason Businesses Succeed!
Main Reason Businesses Fail!
#1 Marketing #2 Accounting #3 Production
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Randalism #003“Fire Your Customers AndFall In Love With Your Clients”
Customers Buy Products & Services On Price
Clients Want A Professional To Care For Them
Sort For Clients; Don’t Sell To Customers
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Randalism #004 “You Don’t Have Competition”
You Are Unique There Is Only One You
Your Strategy Is Different From Every Other Business
Your Operation Is Different From Every Other Business
Do What You Do Better Than Anyone Else And Market It
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Randalism #005 “Three Types Of Contractors”
Dog And Pickup Truck – “Look At Me I Own A Job!”
Salt Of The Earth – “I Have Three Employees - Two By The Throat And I Am staring At Number Three!”
Professional – “My Firm Generates $100K+ Annually Because It Has Processes, Procedures And Policies”
www.FastEasyAccounting.com
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Randalism #006 “Give Clients What They WantNot What You Think They Need”
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Randalism #006-A“Give Clients What They WantNot What You Think They Need”
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Randalism #006-B“Give Clients What They WantNot What You Think They Need”
www.FastEasyAccounting.com
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Randalism #006-C “Give Clients What They WantNot What You Think They Need”
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Randalism #006-D “Give Clients What They WantNot What You Think They Need”
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Randalism #006-E“Give Clients What They WantNot What You Think They Need”
www.FastEasyAccounting.com
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Randalism #006-F “Give Clients What They WantNot What You Think They Need”
www.FastEasyAccounting.com
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Randalism #006-G “Give Clients What They WantNot What You Think They Need”
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Randalism #006-H “Give Clients What They WantNot What You Think They Need”
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Randalism #006-I “Give Clients What They WantNot What You Think They Need”
www.FastEasyAccounting.com
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Randalism #006-J “Give Clients What They WantNot What You Think They Need”
www.FastEasyAccounting.com
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Randalism #006-K “Give Clients What They WantNot What You Think They Need”
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Randalism #007“Construction Accounting Is Like...”
Rocket Science Only Much Harder
Doing Chinese Math In The Dark
Herding Balloons On A Windy Day
Herding Unruly Cats Across Wet Grass
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Randalism #008“Construction Accounting Is Drama!”
Contractors Work Is Tangible Yet Bookkeeping Is Intangible
When Bookkeeping Reports Are Wrong The Bookkeeper Is incompetent!
Contractor Goes To “Fight or Flight” Mode And The Blame Game Starts
Contractor “I Need Accurate Reports! What Is Wrong With You?”
Bookkeeper “I Need All The Paperwork! What Is Wrong With you?”
Everyone Distrusts Each Other And The Accounting System
www.FastEasyAccounting.com
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Randalism #009“Cash Is Fact Profit Is An Opinion”
Five Key Performance Indicators You Need To See Everyday
#1 Cash
#2 Receivables
#3 Payables
#4 Profit or Loss
#5 Balance Sheet
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Randalism #010“How Ten Minutes A Day Kills Profits”
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Profit Drain #1 In-House Bookkeeper
Under $5,000,000 annual sales…
You cannot afford a qualified bookkeeper
or construction accountant
If You hire a Cheap Bookkeeper $15.00 an hour for 10 hours a week…
The true cost to have them on the payroll, including overhead, is closer to $25.29 per hour
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Randalism #010-A“How Ten Minutes A Day Kills Profits”
Profit Drain #1 In-House Bookkeeper
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Randalism #010-B“How Ten Minutes A Day Kills Profits”
www.FastEasyAccounting.com
Profit Drain #2 Cheap Tools And Equipment
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Randalism #010-C“How Ten Minutes A Day Kills Profits”
Profit Drain #2 Cheap Tools And Equipment
Every 10 minutes a day of chaos cost your company $1,544.42 every year
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Randalism #010-D“How Ten Minutes A Day Kills Profits”
Profit Drain #2 Cheap Tools And Equipment
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