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Smart Business for Contractors: A Guide to Money and the Law [Paperback]

James M Kramon
3.0 out of 5 stars  See all reviews (2 customer reviews)
List Price: CDN$ 22.42
Price: CDN$ 15.93 & FREE Shipping on orders over CDN$ 25. Details
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Book Description

Jan. 9 2007 For Pros By Pros
A contractor needs three basic things to be successful in business: an accountant, a calendar, and this book. Completely revised and updated, the advice in Smart Business for Contractors all but insures a contractor's increased efficiency and profitability.
Kramon, aveteran contractor's attorney, walks his readers through details big and small that make the difference between contractors who have more work than they can do yet barely make ends meet and contractors who work at a manageable pace, keep up-to-date records, and turn a profit job after job, year after year. Covering the spectrum of a contractor's career, Smart Business for Contractors includes new detailed information on what a contractor can expect in his first year in business and updated information on tools every contractor needs to plan intelligently for retirement (yes, a contractor needs to begin planning for retirement during his first year in the business!). Also included in this revision is instruction on how to price jobs accurately, draft successful contracts, bill clients and collect payments, optimize every possible tax deduction available to contractors, including the applicable deduction for a home office. There is also timely information on flex-spending plans, record-keeping, and partnership and corporation options all geared toward increasing a contractor's efficiency and profitability.

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About the Author

Jim Kramon is a founder of Kramon & Graham, a 30-person law firm in Baltimore, Maryland. Jim and his firm have represented small contractors and tradespeople for over 30 years.

Inside This Book (Learn More)
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You are a contractor. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most helpful customer reviews
5.0 out of 5 stars Solid Deal Dec 28 2001
Format:Paperback
Very readable book that made a great complement for some other books i bought. For the price this is a deal all the way.Its a fairly broad overview but touches many important areas. I didnt learn much i didnt already know but a new to the field contractor would benifit greatly. As i said, the price makes this a valuable reference even for myself who is already knowledgable in most of its contents.
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0 of 2 people found the following review helpful
1.0 out of 5 stars very basiic stuff here June 21 2003
Format:Paperback
You don't need this book.
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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com: 4.0 out of 5 stars  10 reviews
16 of 16 people found the following review helpful
5.0 out of 5 stars Great resource for start ups Aug. 24 2005
By D. Donovan - Published on Amazon.com
Format:Paperback|Verified Purchase
I work for an agency that provides business counseling for small local businesses. I frequently get calls from people in the trades who are starting their own contracting business after years of working on a crew. Just as frequently I get calls from their spouses who are taking on the bookkeeping aspect of the business. This is one of the resources I recommend especially if they haven't had much experience estimating, job costing, or dealing with homeowners. I've gotten lots of positive feedback from contractors and their partners. Several clients bought their own copy. The chapter on contracts has examples that are useful to other types of businesses as well. This book is well organized, has good examples, and it's written in plain English.
8 of 8 people found the following review helpful
5.0 out of 5 stars Great Contractor Trade Book Nov. 14 2006
By M. Murphy - Published on Amazon.com
Format:Paperback
I am starting an electrical contracting business and needed help with the office/legal side of the business. I read 4 books on starting a business. This book was the most practical and relavent for me as it was written specifically for the contractor trades. This book provides a good overview of the business details that are required for a business to operate and succeed. It contains very practical examples of what to do to before you start your company and as you run your company. Buy this book first and you may not want any others. Good job with this book Jim.
1 of 1 people found the following review helpful
3.0 out of 5 stars Very Very Elementary July 26 2008
By Aaauger - Published on Amazon.com
Format:Paperback
I'm giving this book 3 stars because its cover is misleading. The majority of the book is about starting a business - any business. It also fails to adequately address law. For example, non payment is prevalent in contracting. But the book doesn't mention bond agents, licenses, waivers, releases, etc.

If you are looking to tighten your operation, learn more about a specific topic or ensure collection, this is not the right book.
1 of 1 people found the following review helpful
5.0 out of 5 stars Written Specifically for Self-Employed Contractors Sept. 21 2007
By P. Forint - Published on Amazon.com
Format:Paperback
This book covers everything you need to know as a self-employed contractor through hiring your first employee.

The straightforward language of this book explains the business side of being a professional tradesperson, and shows the benefits of doing things properly. It is backed by many examples of what has worked and not worked for others.

The book also shows how to plan for your retirement and balance your business and personal life.

Whether you are just thinking about going out on your own, or you've been running things by the seat of your pants, this book will help.
3 of 4 people found the following review helpful
2.0 out of 5 stars Contractor Feb. 3 2007
By Trent M. Addox - Published on Amazon.com
Format:Paperback
For beginners only. Written as if you don't know anything about the business, so if you don't then buy it. It will not open your eyes to anything new if you're in the business.
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