Month: March 2023

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Small Amount, Big Impact: How to Maximize Deposits

Are you accepting client deposits before every building project? If not, you should be. Typically, contractors charge 5-10% of their project cost upfront. When used correctly, deposits can protect home-building businesses from incurring additional costs themselves. The Benefits of Deposits There are two primary benefits of client deposits. First, they act as good-faith payments, so …

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HBFP LLC Helps Custom Home Builders

READ ARTICLE ONLINE Home builders need to focus significant time and energy on the design and construction of high-quality custom homes. However, for many builders, handling the business side of custom home building – including invoicing, bookkeeping, accounting, and insurance issues – often hinders their ability to focus on doing what they love: building homes. …