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.
- 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
- 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.
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.
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.