The Hidden Cost of Bad Books

The Hidden Cost of Bad Books
Ep. 106:
The Hidden Cost of Bad Books

When was the last time you looked at your financials and actually understood them?

For most contractors, the answer is… not recently.

In this episode of Titans of the Trades, Ryan Englin sits down with Aaron Mills, the Founder and CEO of DAAXIT who helped scale a construction company from $30M to $90M in revenue. What Aaron learned during that journey, and what he’s doing now, is eye-opening for anyone running a blue collar business.

Here’s the hard truth: most construction companies don’t know if they’re making money.

Sure, there’s money in the bank. Maybe there’s even a line of credit. But are your projects actually profitable? Are you pricing correctly? Is your growth sustainable?

Aaron shares why so many contractors operate in the dark and how to turn on the lights.

The Game-Changer You’ve Never Heard Of

Aaron introduces a powerful yet often misunderstood tool: the WIP schedule (Work in Progress). Most bookkeepers don’t know how to build one. Even many controllers struggle with it. But once it’s done right and tied into your general ledger? It becomes a profit roadmap.

Red Flags You Can’t Ignore

Think your books are fine? Look again. If your monthly net income looks like a roller coaster, big profits one month, huge losses the next, you’re flying blind. Aaron explains why this usually points to inaccurate financials and how switching from cash to accrual-based accounting can make all the difference.

The Real Payoff

This isn’t just about numbers. Aaron shares the story of a client who promoted a superintendent, cut his own hours in half, and finally took a real vacation. His marriage improved. He started going to his kids’ games. And yes, he made more money.

Want to know how to get there? That’s what this episode delivers.

Curious about how much money you’re leaving on the table? Aaron walks through a simple comparison between what you bid and what you earned and how closing that gap can add 10% to your bottom line.

If you’re ready to stop guessing and start growing, tune into this episode and hear how a fractional CFO could transform your company.

Connect With Aaron

Website: https://daaxit.com/

LinkedIn: https://www.linkedin.com/in/aaron-mills-11902272/

Support Titans of the Trades

If you found this episode insightful, please subscribe, share, and leave a review for Titans of the Trades. Your support goes a long way in helping us bring more impactful discussions your way.

About the Host

Ryan Englin is passionate about supporting blue collar companies to build amazingly productive companies by hiring the right people. Growing up, he saw his own father working 12-hour shifts and weekends as an owner/operator, witnessing firsthand the struggles that these companies have in hiring quality frontline employees.

His company, Core Matters, provides coaching and training on attracting, hiring, and retaining rock star employees. Using his proven process, the Core Fit Blueprint, small and midsize businesses learn how to fix their people problems.

- Ryan Englin | CEO

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