116: When Do You Actually Earn Revenue? (The 5 Rules You Must Know)

Send us a text In this episode of Building Profit, Steve dives into one of the most misunderstood topics in construction finance: revenue recognition. Just because the money hits your bank account doesn’t mean you’ve earned it, and messing this up could lead to chaotic books, cash flow surprises, and even bankruptcy-level mistakes. Steve breaks down the five key rules every contractor must follow when it comes to recognizing revenue, even if you’re not a “numbers person.” From deposits to cha...