Calculating Gross Profit Margin
How do I calculate gross profit margin? We are often asked how to calculate gross profit margin (gross profit expressed...
HVAC Dictionary of Accounting Terms and Definitions
Oct 16, 2011
Dictionary of HVAC Related Accounting and Bookkeeping Terms The following glossary is from our book “Simple Accounting Principles for Small...
Federal Budget Compared to Your Budget – A Little Perspective.
Oct 8, 2011
I know this has little or nothing to do with the heating and air conditioning industry. Never the less, I...
How to Become a Notary Public
Jul 15, 2011
Some companies may find it very handy to have a public notary on staff. If your company deals with a...
Analysis Using the Z-Score Bankruptcy Model
Jul 1, 2011
Z-Score Bankruptcy Model Introduction If you own a heating and air conditioning company, you need to know about the Z-Score...
QuickBooks Bolt-On Software Problems
Jun 13, 2011
Considering a QuickBooks Bolt-On? QuickBooks® is a great program but it is generic. There are “bolt-on” software programs that are...
15 Steps To A Successful Contracting Business
Mar 26, 2010
Demand accurate financial statements (balance sheet and P&L) on your desk by the fifteenth day of each month. Analyze your financial statement...
Financial Ratios and KPIs Used by Mr. HVAC
Mar 26, 2010
Purpose of Financial Ratios and Key Performance Indicators (KPI) The purpose of financial ratios and key performance indicators is to gauge the...
How to Protect Your Service Construction Business from Embezzlement
Feb 10, 2010
Do you own or manage an air conditioning, heating (HVAC), plumbing, electrical service, or construction business? Do you prefer to...
Interdepartmental Billing & Why You Should Care
Feb 1, 2010
This article was written with the HVAC, plumbing, electrical, and refrigeration industries in mind. All service and construction related contractors will...