By: Hunter Thomas
Timothy Wingate Jr., EA, never thought a call from his grandmother would change his life. She struggled to keep her non-profit organization afloat, drowning in unpaid bills and missing financial records. With no direction, the organization was on the verge of collapse. Although Wingate had a career in banking, he faced a new challenge that would test his resilience and define his path.
When he arrived amid the crisis, Wingate was confronted by financial chaos. It was intimidating, and he frequently wondered whether he could undo it. “When I first stepped in to help run my grandmother’s company, there weren’t even basic accounting records in place,” he says. “That experience taught me the fundamental importance of proper financial management – a lesson that would later become the cornerstone of G+F.” Determined to save the non-profit, he started building financial systems from scratch, and that’s how G+F Business & Financial Consulting LLC was born.
A Turning Point in the Journey
Wingate dedicated himself to untangling the financial mess as he took over his grandmother’s organization. He spent long nights sorting through unpaid bills, balancing books, and setting up financial systems. Every day was tough, but he wouldn’t give up. According to the Construction Financial Management Association, Many construction companies fail within the first few years due to poor financial management and cash flow issues.
Then came a devastating blow – one of the non-profit’s locations had to close due to financial instability. It was gut-wrenching, but Wingate saw it as a lesson, not a failure. “It taught me that even the most challenging setbacks can become stepping stones to something greater. Every mistake and hardship shaped my understanding of what businesses truly need to survive and thrive.”
He became obsessed with financial systems and business strategy. He knew firsthand how easy it was for businesses – especially those in industries with high overhead costs like construction to fail without proper financial control. He knew most entrepreneurs weren’t financially literate, not because they couldn’t be, but because no one had ever given them the right tools or training.
Building a Business to Solve Industry Challenges
Out of adversity, Wingate discovered his passion—helping businesses navigate financial complexities. As an enrolled agent with construction expertise, he built a firm that focuses solely on the unique financial challenges of contractors. “Construction companies have complexities that general accountants miss,” Wingate says. “From progress billing to job costing, everything requires industry knowledge.”
“I’ve been in their shoes,” Wingate says, referring to his clients. “I’ve experienced the sleepless nights wondering how to make payroll, the stress of managing cash flow, and the overwhelming feeling of not knowing where to start. That’s why we don’t just offer services – we provide solutions based on real-world experience.”
G+F provides more than traditional accounting services like tax planning, cash flow management, and financial consulting. “We’re not just number crunchers,” Wingate says. “We’re strategic advisors who help contractors understand their financial position and make informed decisions for sustainable growth.”
Shaping the Future of Construction Finance
Under Wingate’s leadership, G+F has broadened its reach, working with construction companies nationwide. He created a financial template to help contractors navigate a changing market.
“The construction industry is evolving rapidly, and financial management needs to keep pace,” Wingate says. “Our goal is to help contractors survive and thrive in this changing landscape.”
Education is also a big part of Wingate’s mission. “Every time I see a construction company struggling with the same issues I faced, I feel a responsibility to help,” he says. “These aren’t just businesses – people’s dreams, legacies, and families’ futures. That’s why we’re developing educational resources and training programs to reach more contractors.”
Wingate was a forward thinker and an early adopter of technology, transitioning G+F to a virtual firm before it became necessary—a decision that proved effective during the COVID-19 pandemic. This allowed his team to serve clients more efficiently and have a better work-life balance. “I wanted to create a model that allowed both our team and clients more flexibility,” he says. “Being virtual means we can serve our clients more efficiently while maintaining work-life balance for our staff.”
Going forward, Wingate will expand G+F’s reach through online platforms, workshops, and industry partnerships. “Knowledge is power in this industry,” he says. “By sharing our expertise through workshops and online platforms, we can help more construction companies build sustainable financial futures.”
For Wingate, success is not measured in numbers but in impact. “Every construction company we help represents jobs preserved, dreams realized, and communities built,” he says. “That’s what drives us forward every day. When our clients succeed, their success ripples through the entire community.”
As G+F Business & Financial Consulting LLC grows, Wingate remains committed to its mission: to help no contractor go through financial uncertainty alone. “I want to be remembered as someone who didn’t just build a successful business, but as someone who helped others build their dreams,” Wingate concludes. “That’s the real measure of success.”
For more information about G+F Business & Financial Consulting LLC, visit http://www.construction.accountant.
About G+F
G+F Business & Financial Consulting LLC, based in West Palm Beach, Florida, is a specialized accounting and financial consulting firm serving the construction industry. Led by Timothy Wingate Jr., EA, an Intuit tax council member for 5 years and construction industry specialist, the firm provides comprehensive financial services, including tax planning, bookkeeping, cash flow management, and strategic business consulting. With a deep understanding of contractors’ unique challenges, G+F helps construction companies optimize their financial operations, improve profitability, and build sustainable growth. For more information, visit http://www.construction.accountant/.
Disclaimer: The information provided in this article is for general informational purposes only and does not constitute financial, tax, or legal advice. Readers should consult with a qualified professional before making financial decisions related to their business. G+F Business & Financial Consulting LLC and its representatives are not responsible for any actions taken based on the content of this article.
Published by Stephanie M.
