Blog | Salt Lake Bookkeeping | Foundation Bookkeeping

An orange 'Construction Ahead, Please Be Alert' sign is posted in tall grass on a sunny day

Business Improvement: A Strategic Approach to Change Management

Business improvement is a strategic approach that guides individuals, teams, and organizations through transitions, ensuring that new initiatives are smoothly adopted and successfully implemented. Addressing

Two large construction cranes operate above high-rise buildings under construction against a clear sky

QuickBooks Online Advanced: Construction Niche

For growing construction companies, managing finances and job costs efficiently is key to maintaining profitability and staying on top of the competition. QuickBooks Online Advanced

a 3d line chart showing an increase in profit margin over time

What is Profit Margin in Construction Projects?

In the construction industry, profit margin reveals how well a company is performing financially. Gross profit margin highlights the relationship between direct project costs and

a man and a woman in hard hats on a construction site discussing cash flow

Construction Cash Flow Optimization: Maximizing Efficiency and Profitability

A robust cash flow strategy is the cornerstone of success in today’s fast-paced construction industry. This guide dives into practical, actionable techniques—from profit-first pricing and

Construction Financial Management: What is it and Why is it Important?

Effective financial management is the backbone of success in today’s competitive construction industry. Beyond simple bookkeeping and tax preparation, it involves a strategic, comprehensive approach

A construction worker drilling nails into a wooden house frame

How Does Construction Accounting Work?

At Foundation Accounting & Consulting, we understand that construction accounting requires a distinct approach compared to general accounting. Construction projects are inherently unique, demanding precise

8 Steps to Securing Business Financing

Securing financing can be a game-changer for your company, but it comes with its own set of challenges. Over the years, I’ve learned that the

Two people in high-vis gear review documents

How Does Business Coaching Work?

We take a direct approach to business coaching by meeting one-on-one with business owners, general contractors, and other construction professionals to take an in-depth look

Two individuals are seated at a table, one taking notes in a spiral notebook with a pen while the other uses a smartphone and a laptop.

How Does Bookkeeping Work?

At Foundation Accounting & Consulting, we view bookkeeping as the organized process of categorizing every financial transaction, from purchases to deposits, to create a clear

A close-up picture of silver coins stacked in a small pile with intricate designs visible on their surfaces.

Audit Checklist: How to Conduct an Audit Step by Step

Audits can feel overwhelming, but they don’t have to be. With the right preparation and processes, an audit can become a valuable tool for improving