Carpenter & Company, CPAs, PC

Carpenter & Company, CPAs, PC We provide fanatical support through professionalism, responsiveness and quality.

Carpenter & Company, CPAs, PC, Stockbridge, Georgia, a full-service accounting firm, helps business owners with tax, business development and QuickBooks needs. Construction contractors are our specialty, but we work with many small to medium-sized businesses in service industries, real estate, manufacturing and retail.

06/24/2026

Not all employee ownership models are created equal β€” especially for contractors. πŸ—οΈ

In our latest podcast episode, learn the key difference between an Employee Ownership Trust (EOT) and an ESOP: https://youtu.be/_xlPDQtIJQE

πŸ”Ή In an EOT, the trust owns the business on behalf of all employees, and profits are distributed as cash dividends after operating costs are covered.
πŸ”Ή EOTs are generally easier to implement and tend to be a better fit for small to medium-sized contractors.
πŸ”Ή ESOPs may be the better choice for larger companies with more complex structures.

If you're thinking about succession planning, rewarding your team, or building a business that outlasts you β€” understanding these two models is a great place to start.

06/23/2026

30 years building a company… and no plan for who takes over. πŸ—οΈ

New episode out now! https://youtu.be/_xlPDQtIJQE

For most contractors, succession planning is the hardest project they'll ever face, and one they put off until it's almost too late.

Wade Carpenter is talking about an exit strategy most contractors have never heard of: the Employee Ownership Trust. It could be the key to protecting everything you've worked so hard to build. πŸ”‘

Check out this clip and let us know: do YOU have an exit strategy in place?

πŸŽ™οΈ Full episode available now β€” link in bio / comments!

Here's a gut check question for contractors: When was the last time you turned down work that looked profitable on paper...
06/22/2026

Here's a gut check question for contractors: When was the last time you turned down work that looked profitable on paper?

If your answer is "never," you might have a selection problem.

What do you think? https://youtu.be/5Qn44p8G1uQ

True profitability isn't just about what you win - it's about having the discipline to walk away from the wrong projects. Sometimes the most profitable decision is the job you don't take.

Stop letting just the numbers drive your decisions. Consider the full picture before saying yes to every opportunity.

06/20/2026

🚩 Every construction project has warning signs.

Bad contracts. Unreliable partners. Payment issues. Poor locations. Unrealistic timelines.

More in the full episode: https://dub.sh/hnCdrbn

These red flags follow patterns, and experienced contractors learn to spot them early. Why? Because construction is risk management - that's what we do for a living.

The key is developing pattern recognition and trusting your instincts when multiple warning signs appear together.

There's a crucial difference between saying no because you're too busy versus saying no because it doesn't fit your stra...
06/19/2026

There's a crucial difference between saying no because you're too busy versus saying no because it doesn't fit your strategic goals.

Reactive No: Based on current capacity
Strategic No: Based on long-term business direction

Watch the full conversation here: https://youtu.be/5Qn44p8G1uQ

The strategic approach requires your entire team to be aligned on goals and plans. When everyone understands the vision, turning down work becomes a peaceful decision rather than a stressful reaction.

Successful contractors learn to be selective based on strategy, not just availability.

06/18/2026

Here's a hard truth about construction business: Not all profit is good profit.

More truths about saying no: https://youtu.be/5Qn44p8G1uQ

When revenue comes at the cost of workforce morale, company reputation, or your peace of mind, it's not really profitable at all. The smartest contractors know when to say no to money that will hurt their business foundation.

Sustainable success means protecting what matters most - your people and your reputation.

06/17/2026

Revenue is vanity. Profit is sanity.

The most successful contractors have learned that saying "NO" is one of their most powerful tools. While others chase every bid thinking more revenue equals success, the profitable contractors decline more work than they accept.

Why? Because they understand that protecting margins beats chasing revenue numbers every single time.

Join the conversation: https://dub.sh/OJIsnWZ

It's not about being too busy or turning away opportunities - it's about being strategic with your capacity and maintaining the profitability that keeps your business healthy.

Stop chasing revenue. Start protecting your profits.

06/16/2026

Here's why the most profitable contractors don't bid every job:

They treat job selection like choosing wisely at a buffet: it's not about piling everything high, it's about knowing what to leave alone.

New episode out now: https://youtu.be/5Qn44p8G1uQ

Some contractors bid everything and deal with the problems later. Smart contractors are selective. They know which jobs will feed their business and which ones will just give them heartburn.

The trick isn't taking on more work - it's taking on the RIGHT work.

Record-breaking year? Don't treat it like permission to spend without discipline.Do this instead: https://youtu.be/cKOwf...
06/15/2026

Record-breaking year? Don't treat it like permission to spend without discipline.

Do this instead: https://youtu.be/cKOwfRsiMSs

Great years should be stress tests for your business:
β€’ Build cash reserves
β€’ Strengthen operational foundations
β€’ Prepare for future opportunities
β€’ Plan for inevitable challenges

The goal isn't one record year - it's building the foundation for many record years.

Smart business owners use prosperity to prepare, not just to celebrate.

How are you strengthening your business during the good times?

06/13/2026

Construction reality check: One good year doesn't make a successful business.

Watch the episode: https://youtu.be/cKOwfRsiMSs

Our industry is cyclical. Markets fluctuate. Work ebbs and flows. The contractors who survive and thrive understand this fundamental truth.

Don't mistake market timing for business mastery. The real winners build systems that can deliver consistent profitability regardless of external conditions.

It's not about riding the wave - it's about building the boat that can navigate any weather.

Address

356 Corporate Center Court
Stockbridge, GA
30281

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+17705076625

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