Take Control of Your Business Accounting and Financial Management
Unless you’re a CPA or love crunching numbers, most business owners cringe when it comes time to deal with business accounting and financial management. But the accounting ledger is at the heart of a any company’s finances, and in many cases, the difference between profit and loss.
NAHB Builder Books has published the sixth edition of Accounting and Financial Management for Residential Construction. With this book, you don’t have to be a CPA to build a system that keeps your finances running in perfect order.
This valuable resource helps you to harness the fundamental principles to process your own financial data without prior accounting knowledge as a single-family or multifamily builder, remodeler, developer, or contractor.
Through straightforward and easy-to-comprehend explanations and illustrations, learn:
- General concepts and principles of financial planning and analysis
- Special tips for multiple-project builders, developers, and remodelers to benefit from the profit center concept
- How technology facilitates accounting processes
- Performance metrics to enhance understanding of critical company operations
- How to integrate job cost accounting with estimating, purchasing, and scheduling
Accounting and Financial Management for Residential Construction, Sixth Edition is available for purchase at BuilderBooks.com.
Latest from NAHBNow
Builder confidence in the market for newly built single-family homes fell three points to 32 in September, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today.
The need for a skilled labor force remains a top priority in the industry. This presents a unique opportunity for women across all levels of home building to make a significant impact on this niche sector.
Latest Economic News
Inflation in August remained sticky as renewed tensions with Iran continued pushing up oil prices, keeping pressure on the Fed to consider a rate hike at its upcoming meeting.
Existing home sales fell for the third consecutive month as record-high home prices and elevated mortgage rates weighed on buyers. Mortgage rates resumed an upward trend after the July ceasefire ended.
Residential building material prices, excluding energy, rose 0.2% in August and were up 5.1% from a year ago. Energy prices rose sharply in August, as prices for energy inputs to residential construction rose 6.6% over the month.