IMAGINE...being able to make better than average profits, expand your capacity, ensure success and build a better company!
This virtual, live and online one-day course is delivered over two 1/2 day morning sessions and is led by construction-finance expert, Wayne Newell. It may be one of the best investments you make!
The materials and content for this course are practical and based on real-world situations. The course will take you through creating and implementing a three-year Strategic Growth Plan for the following scenario:
- A privately-owned company with three principal shareholders has grown its business into one of the foremost mechanical contractors in the province. Annual revenues of $25M have established the company as an industry leader. The shareholders recognize that operations and profits have been stable for the past four years and feel this is a prime time to grow the company to a new level. To do that, they will create and implement a three-year Strategic Growth Plan.
The Results:
- Revenues increase $3.9M,
- Gross profits increase 1.3%,
- G&A expenses decrease 0.6%
- Net operating income increases 1.5%
- Cash position improves by $1.2M
Learning Outcomes:
- Identify and enhance Strengths and Opportunities
- Discover and mitigate Weaknesses and Threats
- Strategic growth plan
- Labour productivity improvements
- Identify lack of resources
- Business plan
- Financial plan
- Key performance indicators
- Increased revenues, profits and cash flow
Who Should Attend: Owners, department and division managers, Project Managers and Coordinators, Estimators, Accountants, Controllers and Gold Seal candidates.
Course Format:
Live, Online, Instructor-led training with a class that may include up to 30 students.
Two (2) morning sessions (3.5 hours each):
- Day 1: Thursday, April 8: 8:30am-12:00pm
- Day 2: Friday, April 9: 8:30am-12:00pm
Attendance in both sessions is mandatory for course completion.
Course Credits:
This course is delivered in partnership with local construction associations across western Canada and Ontario. You will be participating with industry peers from throughout these regions.