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Defining Real Revenue in Construction
Manage episode 384964970 series 3314227
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You may have heard the term real revenue, but how do you define it? In construction, it's a powerful concept worth knowing, but what can you do with it and how can you use it to run your construction company? Let's talk about it.
Topics we cover in this episode include:
- What is real revenue and where does the term come from?
- Real revenue avoids confusion around job cost vs. overhead
- How real revenue lets you know if you're using the right overhead rate
- Real revenue and cash flow management
LINKS
Visit the episode page at https://carpentercpas.com/realrevenue for more details and a transcript of the show.
Find all episodes and related links at ContractorSuccessForum.com.
Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
Capíttulos
1. Defining Real Revenue in Construction (00:00:00)
2. What is real revenue and where does the term come from? (00:00:58)
3. Real revenue avoids confusion around job cost vs. overhead (00:03:58)
4. Real revenue lets you know if you're using the right overhead rate (00:04:37)
5. Real revenue and cash flow management (00:10:28)
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