There has never been a more volatile economic and competitive climate. Profit margins have been sliced razor thin as clients try to trim costs while fixed costs continue to grow.
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.
Designed specifically for the construction industry this course covers the essentials of operations and finance for contractors. Based on practical, real-world experience, you’ll review and discuss a variety of operational and financial issues.
Learn how to:
- Control and reduce expenses
- Rid yourself of labour productivity concerns, high overhead costs, below-budget profits and cash flow headaches
- Increase cash flow and improve profits
- Make more money
By the end of the course, you will be able to:
- Create key strategies to improve profits and cash flow
- Identify costs and solutions of lost productivity
- Elaborate effective human resource policies and procedures
- Forecast adequate revenue to ensure overheads are covered and profit is achieved
- Ensure that billings and change orders are controlled and monitored for collection
- Safeguard company assets
- Forecast company and project cash flows
- Control and/or reduce overhead costs
- Use financial reports to deliver better financial results
Click on Profitable Contracting for a detailed course outline.
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):
- Wednesday, October 27 - 8:00am-12:00pm
- Thursday, October 28 - 8:00am-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.