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Advice From Our Team for Success in 2022
MCC Construction Zone
Effective leaders are clear about what they want, how they are going to get there, and by when. These leaders develop tracking mechanisms to keep them on task. Financial reports and key performance indicators (KPIs) can be used, as well as performance reports on the activity of each job. The important thing is to closely watch your progress towards reaching your goals, as well as recognizing obstacles that can stand in your way.
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About the Author
Kerrianne Brady Kerrianne Brady is the firm administrator at McCarthy & Company. She takes care of everything at the firm under the guidance of managing partner Marty McCarthy. Kerrianne can be contacted at (610) 8281900 or
Kerrianne.Brady@McCarthy.CPA.
Disclaimer: This article is for informational purposes only and does not constitute professional advice. We strongly advise you to seek professional assistance with respect to your specific issue(s).
ADVICE FROM OUR TEAM FOR SUCCESS IN 2022
Vow to be 1% better each and every day. That’s not a hard number, but if you do that, it compounds quickly and can transform your company! –Marty McCarthy
Review your bank statements each month. Wire fraud is becoming more and more popular so make sure you know where your money is going. –Matt Boland
Clean up your chart of accounts. Delete or deactivate any unused or unnecessary accounts. Consolidate/rename any redundant accounts and properly classify each. This is an easy way to prevent misreporting and increase reliance on financial data. –Kyrstin Mackrides
Bid jobs you can make a profit on. Winning jobs that lose money just to keep people busy can lead to hardships in the future. –Kyle Hartranft
As a leader, your attitudehas a powerful impact on others. Be an example. A positive attitude spreads and becomes a natural part of your company’s culture. –Kerrianne Brady
Project your current year net profit. That way you can maximize retirement and tax savings throughout the year. One of the biggest tax savings tools at our disposal are the multiple retirement vehicles. To ensure money goes into your retirement account and not the IRS coffers is best planned for in the first quarter. –Christopher Abell
