Yesterday (and today) are bookkeeping days here at mi Rancho de Cucaracha, I keep my billing on a monthly basis. Back in the early spring I changed up the business a little and have had to keep an eye on things to keep the fiscal hydraulics flowing properly. And to be honest, I've seen better times.
Every once in a while you can expect a lousy month due to a number of factors. Usually there's a distinct reason such as working all month on a big job and its invoicing winds up on the next month. Or a nasty weather month can make the books look dismal. All part of the territory. But almost all of 2015 for me has suffered from what seems like the workload "flu". Things have been rolling along well, no complaints, but just no big "windfalls" with the accounts receivable.
I started messing with a few simple bar graphs at the first of the year in an attempt to predict any 'potholes' in the highway of business and it's been interesting. After a definite slumping plateau, I believe I have indications of an upturn in the last couple of months. My IRA couldn't be happier.
Without creeping too close to a political subject matter, I've noticed something over my years. It seems like "election years" often are a good business climate. It makes me wonder if we aren't all "fattened up" a little by some mysterious force that wants the voting public to be content when we head for the polls. Who knows? The lower cost of gasoline in itself has kept a lot of expenses down. And I've seen an increase in activity for larger commercial real estate interests recently. My inner curmudgeon is fighting the urge to admit a little optimism....usually good profits mean one of two things: There's an error in the books or something expensive is fixing to break.... :bored:
Anyway, I hope everybody else is enjoying the same thing. A good year is necessary every once in a while to keep the younger entrepreneur's interest focused. Lord knows we don't need the next generation to loose their desire to keep our industry afloat....
Everybody have a good weekend and I hope your team wins this weekend....unless you're an OSU fan. BOOMER.
It's been a good year in PDX and things seem to be ramping up. Residential development all but stopped in 2008-2009 and now there is a huge shortage of units.
The outfit in Norman I was with seems to be shedding people this year. I guess that is what happens when you wed yourself to the oil patch and oil goes to $40 a barrel.
Mark Mayer, post: 338927, member: 424 wrote: ...The outfit in Norman I was with seems to be shedding people this year. I guess that is what happens when you wed yourself to the oil patch and oil goes to $40 a barrel.
Most folks I know steer clear of the 'oily' interest; something I learned as a young man in 1980..and it still rings true today. I haven't chatted with anybody over on Bart Conner in quite a while. Usually somebody has a question about a plat or something Tim or Rodger did..I haven't even run into Steve or Kelly at Mamaveca's.
I hope everybody over there is well. I haven't even driven by there to see how many pickups are parked in the lot...:pinch:
"My IRA couldn't be happier."
Mine could :woot:
Regardless of the DOW we are twice as busy now than we were before the "crash". I can't figure out where all the people are coming from. There are hundreds and hundreds of houses, townhomes and condos under construction in Central Fl.
Profit? What is that? I've heard if you have some of it the IRS will take it all away from you. Better off having none.
If you decided to retire this month and started planning for it in June, that graph has real meaning.
Company was sold in early 2014 to a company, with many investors, in the oilfield services business.
All my money goes to equipment, land or groceries.
No profit to see here.......:gammon:
A good thread that deserves more comments. Bump TTT.