In this episode, host Ron Nussbaum interviews Timothy Wingate, a construction industry expert who helps clients increase their revenue by 15% year-over-year. Tim comes from a family of contractors and has over 8 years of experience helping construction companies optimize their back-office operations and financial management.About TimothyTimothy Wingate Jr is the founder, and president of G+F Business & Financial Consulting, a licensed Enrolled Agent, and a construction accountant. Timothy provides specialized accounting and tax services helping business owners gain a better understanding of their finances and costs, allowing them to win better, more profitable bids. With first-hand knowledge of the construction industry, Timothy offers tools and financial guidance to improve his client's understanding of their finances and cash flow. He has a proven track record of success, including increasing a client's gross revenue by 75%, helping a new construction company finance Big CAT equipment in less than a year, and helping a client avoid criminal charges for over $500,000 in back payroll taxes.Timothy's linkshttps://www.gplusf.com/https://www.instagram.com/g_plus_f/https://www.facebook.com/gplusfhttps://www.linkedin.com/company/gplusf/https://www.youtube.com/channel/UC2Jfeno5_vm_wy8LcmivAmQWebsite https://www.buildercoms.com/constructionchampionspodcastFor CRM Solutions: BUILD12https://www.build12.com/constructionchampions?am_id=ron625For Picture, Video, Document, and Communication Management: BuilderComshttps://go.buildercoms.com/payment-7269?am_id=podcastAssociation of Professional Builders Annual Reporthttps://hubs.ly/Q02rT-1n0Join our community: Facebook Grouphttps://www.facebook.com/groups/957628795429538What makes a "construction champion" (00:02:33)Executing projects on time to save money and gain more businessHaving a solid estimating system and process to monitor project performanceThe importance of financial data and metrics in construction (00:07:53)Understanding the numbers, even if they're not perfect, to make better decisionsSetting up the right systems, processes, and cost codes to track performanceChallenges with misaligned software systems and data entry (00:15:05)Importance of integrating project management and accounting softwareEstablishing clear roles and responsibilities for using the softwareKeywords:construction accounting, financial management, Timothy Wingate, Ron Nussbaum, Construction Champions Podcast, cash flow, budgeting, project costing, construction finances, financial insights, business profitability