All Episodes

July 28, 2025 48 mins

Construction business accounting isn't just about spreadsheets—it's about survival. In this episode, Wade Carpenter joins me to break down real-world ways contractors can take control of their cash flow and stop bleeding money on every job, especially from things like “zombie rentals”. Wade shares stories from the field, including a contractor who discovered his paycheck was getting eaten alive by bad math and worse systems. It’s time to stop working harder and earning less.

You’ll Learn…

  • Why zombie rentals are sneaky profit killers you might be ignoring

  • The one thing your chart of accounts must show to be useful for real decisions

  • How construction business accounting helps you bid smarter and protect profit

  • What Job X is and why it matters more than traditional job costing

  • The difference between markup and margin (and why most contractors get it wrong)

  • How to use correct construction business accounting to take home a real paycheck

 

🎧 Listen to all episodes at https://profitablehomeservices.com/

🤝 Connect with Wade at https://carpentercpas.com/

ACCESS SOME FREE RESOURCES TO BOOST YOUR PROFITS

💵 Want to know just how much profit you have each month? Get my Free ‘Break Even Breakthrough’ Worksheet here:  https://taxcoach4you.com/monthlynut/

💸 There are many “hidden” ways your profits could be leaking out, and I’ve compiled 15 common leaks into this FREE report for you. Download this Free report & checklist here https://profitcoach4you.com/profitleaks

Mark as Played

Advertise With Us

Popular Podcasts

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

Stuff You Should Know

Stuff You Should Know

If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

The Joe Rogan Experience

The Joe Rogan Experience

The official podcast of comedian Joe Rogan.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.