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Home » Authors » Shane Rau
Shane Rau

Shane Rau

Shane Rau is a business coach at Nexstar. He brings many years of accounting and financial expertise to the plumbing, heating, cooling, and electrical industries. To learn more, visit nexstarnetwork.com, call 888-240-7827 or email membership@nexstarnetwork.com.

Articles

ARTICLES

Profit-ACHR-NEWS

The Irreplaceable Benefits of a Well-Constructed Budget

A contractor without a budget leaves money on the table
Shane rau achr news
Shane Rau
July 31, 2019
There are more reasons to create a yearly budget than just having a point of comparison for growth.
Read More
guest commentary

Make Your Balance Sheet Work for Your HVAC Business

It's the secret to long-term success
Shane rau achr news
Shane Rau
April 15, 2019
No Comments
Balance sheets are the unsung heroes of our industry’s accounting management tools. Love ‘em or hate ‘em, they’re vital to your business, and learning to read them correctly will supply you with information that can keep your company out of financial trouble, as well as show you some important growth opportunities.
Read More
The Coach's Blog ACHR News

Struggling with Your Payroll Financials? Accruing Your Payroll Is the Solution

Shane rau achr news
Shane Rau
December 31, 2018

There’s a reason the most successful companies all practice accrued payroll in their accounting department.


Read More
The Coach's Blog ACHR News

When It Comes to Accounting, Matching Is Key

Shane rau achr news
Shane Rau
October 29, 2018

While most companies are doing the best they can when it comes to matching, every owner or business leader should make a concerted effort to educate themselves on the topic and begin to implement this best practice at their business.


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The Coach's Blog ACHR News

The Solution to Struggling With Your Payroll Financials

Shane rau achr news
Shane Rau
August 27, 2018

Labor and wages are a huge part of your expenses, and without an accurate figure, it will be difficult to truly gauge your business’s performance.


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The Coach's Blog ACHR News

Closing the Month

Shane rau achr news
Shane Rau
June 25, 2018
A consistent message across all industries is that each month should be closed out by the 10th of the following. It allows for a company to review the prior month’s performance and make any necessary changes in the current period.
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The Coach's Blog ACHR News

Deferred Revenue: An Industry Best-Practice You Can’t Afford to Ignore Any Longer

Shane rau achr news
Shane Rau
April 16, 2018
I work with a lot of companies, and sooner or later the topic of deferring revenue always comes up. Some companies do it, some don’t. Those that do tend to be happy with the process and accuracy of their numbers, though occasionally there will be a company that will be unhappy with the added work of deferring revenue.
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The Coach's Blog ACHR News

Where’s Your Depreciation?

Shane rau achr news
Shane Rau
February 26, 2018
Depreciation is one of, if not the largest, vehicle expense for a company. So, it’s very important to record this every month. You wouldn’t go a whole year without recording your fuel expense or any other expense representing roughly 3-5 percent of your income, so why is it accepted to ignore depreciation?
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