EC&M Service Secrets - Rusty Wise

Electricians: Know Your Bookkeeper and Numbers

Finance management is one of the most overlooked topics in our industry, especially with smaller companies.

In the electrical industry, we tend to focus on the materials we use, the trucks we drive, the employees we hire, etc. But when was the last time you looked at your income statement or your balance sheet? Do you look at these reports every month, every quarter, or every year? If you’re an owner, do you share financial information with employees?

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