Calculating Revenue El Centro CA

What was your total revenue last year? It's a simple question, but you'd be surprised how different the answers can be. To establish meaningful benchmarks it's important to always compare apples to apples — or at least red apples to green apples instead of some other fruit. That means agreeing on the definitions of terms like “revenue.”

Local Companies

Buesch General Contracting
(760) 355-4403
PO Box 22
El Centro, CA
Bless Construction Inc.
(760) 353-8790
302 Broadway St
El Centro, CA
Conner Construction Co
(760) 353-7700
355 W Commercial Ave
El Centro, CA
Thompson Dane & Patricia
(760) 353-1722
El Centro, CA
Bowser Construction Company Inc
(510) 237-2355
Vacaville, CA
Handyman Connection
(925) 938-8882
171 Mayhew Way Ste 207
Pleasant Hill, CA
American Pacific Construction
(925) 682-6101
1685 Liana Ln
Concord, CA
Nichols Construction Co
(510) 758-2821
Vacaville, CA
Building Energy Consultant
(415) 461-8077
20 Via La Cumbre
Greenbrae, CA
California Property Repair & Remodeling
(707) 795-6932
1352 Milton Pl
Rohnert Park, CA


What was your total revenue in recent years? It's a simple question, but you'd be surprised how different the answers can be. Because this department in the magazine is concerned with measurement against standards, it's important that we're always comparing apples to apples — or at least red apples to green apples instead of some other fruit. That means agreeing on what we mean by terms like “revenue.”

And, by the way, we're talking here about revenue calculations for management purposes, not for tax preparation. There are perfectly legal tactics (and plenty of illegal ones as well) that you can use to manipulate revenue to reduce taxes, but they are counterproductive if they fool you into thinking that your business is healthier than it actually is.

CASH

Most small businesses running out of a check-book use a cash system. This doesn't mean that you are literally getting paid in greenbacks; it means that revenue is recognized whenever money is deposited, whether it's cash, check, or money order. Annual revenue is simply the sum of all these deposits from the first to the last day of the fiscal year.

Easy, yes, but it can get sticky if there are other sources of revenue besides remodeling. These should be subtracted from the total to give a true picture of remodeling revenue.

Click here to read full article from Remodeling

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