Builders, Budgets, and Beers
The mission of The Builders, Budgets, and Beers Podcast is to make project financials less intimidating for commercial and residential builders. We aim to give builders the confidence to take control of their business' cashflow by bringing on guests, that our listeners can identify with, to share real stories of their financial wins and losses along their journeys as builders.
Builders, Budgets, and Beers
The Most Common (and Costly) Mistakes Builders Make with Melissa Leediker
Melissa Leediker, Founder of Turquant Builder Services, LLC, discusses the most common and costly errors in construction accounting, focusing on job costing, cost coding, and duplicate payments. She emphasizes the importance of implementing consistent processes and leveraging technology to improve financial accuracy and profitability for construction businesses.
https://turquantservices.com
Introduction to Melissa Leediker and
Construction Accounting (00:00)
Three Most Common Accounting Errors in
Construction (02:03)
Challenges of Costing to the Right Job (08:18)
Importance of Accurate Cost Coding (14:31)
Preventing Duplicate Payments (24:15)
Scaling Challenges in Construction Accounting (28:43)
Technology and Process Improvement Strategies (31:42)
Final Insights and Recommendations (33:28)
Find Our Hosts:
Reece Barnes
Matt Calvano
Podcast Produced By:
Motif Media
