Business Economics – A Library of Information

This website is designed to assist business entrepreneurs in becoming better managers/owners and increase overall profitability.

  • There are over 530 articles on this site. I’m sure there is one that will answer your question(s); at least guide you in the right direction.
  • I provide hundreds of illustrations, examples and exhibits.
  • Most of the articles utilize actual reports formatted for the reader to use as a basis for comparison to their own reports.
  • There are over 200 real life experiences documented throughout to help bring perspective to the reader.

I am a firm believer in the feedback loop method of accounting and the corresponding subjective knowledge learned from testing. This entire site has articles written with that concept in mind. The feedback loop method is simple and follows three steps: 1) take an idea, set up the parameters, processes and implement; 2) gather data from the results; and 3) generate reports for management to review results and maximize the profits via changes etc.

Construction Industry

Minimum Bottom Line Profit Should Be > 9%!
After Income Taxes Are Paid!

If you are involved in the construction industry, then your net profits should be no less than 9%. I’m talking about the bottom line, after all costs (including an owner’s compensation package) including federal and state taxes. If you are a pass-through entity, this means your bottom line should be no less than 14%. I have multiple clients that achieve this level of profitability year after year. 

The construction/real estate area of business is the primary source of my knowledge. I think I’ve seen it all. Over time, I’ve developed standards of performance for the residential construction business sector. These standards allow me to identify issues that exist with performance down to various levels of detail. These standards are modified slightly for the commercial construction sector. I have written multiple articles related to this and these can be found over in the construction industry standards section. If you have questions or want advice to help you improve, then contact me. Go to the footer and click on the ‘My Services’ page and you will find my e-mail address. I usually respond within a few hours.

My Services

Yes, I can help you. I have over 27 years of experience and my knowledge is expressed in the 530+ articles I’ve written on this site. You will not find too many accountants out there that have taken the time to write down their knowledge. The more complex the business situation, the more intriguing for me. I break it down into the basic business principles and relate the problem to those business principles. Whether you are just getting started or are a sophisticated experienced entrepreneur, my help can be invaluable to your company.

My fees are reasonable and I operate remotely. I may have to come on-site to implement training or address processes. Most importantly, I’m accessible and responsive. Allow me to take the wealth of information I have and implement systems and processes in your company to improve the bottom line. Go to the ‘My Services’ page in the footer and send me an e-mail. I’ll contact you and get information and draft a proposal to you.

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