A Construction Contractor Grows Dramatically When GHB Helps Implement Effective Procedures

Celia Johnson, tax partner in the Frisco office, was introduced to a large construction contracting Company suffering from severe cash flow problems and operating losses. With Celia's advice and guidance, the Company implemented new job costing, accounting and budgeting procedures designed to provide management with accurate and timely gross profit analysis information. This information was used to make better operational decisions, and greatly helped the Company in its bidding processes. With accurate and reliable accounting records, the Company was also able to increase their bonding capacity in order to attract more highly profitable, quality jobs. Over a 3-year period, the Company grew by more than $2 million in gross sales, and dramatically improved their cash flow and net earnings.