Want To Always Make A Profit?
– Do You Know Your Numbers?
– Do You Charge The Right Mark-Up?
– Do You Charge The Right Labor Costs?
– Are Your Crew & Job Costs Accurate?
– Do You Charge The Right Equipment Costs
– Do You Understand Your Financials?
– Do You Know How To Manage Your Money?
– Want To Make More $$$?
Making money in construction starts with knowing your numbers!
Doing excellent work for your customers doesn’t really matter if you don’t know your numbers and what price you need to charge to always make a profit. Unfortunately most construction company owners and managers don’t have a good understanding how to run their business from a financial perspective. They rely on their bookkeeper to do the math and pay the bills. And then at the end of the year their accountant tells them if they made any money. Not a great way to manage your company.
Working hard and keeping busy is not the goal of your construction company. The goal of every business is to make a profit, get a return for the risk you take, and pay the owner well for all the hard work they perform. By investing in this course, you will learn the fundamentals of how to calculate the correct mark-up and costs to run your company like a professional business owner.
What’s the point of working hard without making a profit
and a high $$$ return on your investment?
In this online course titled:
9 Numbers Every Contractor Needs To Know To Always Make A Profit!
you’ll learn these key success factors:
1. How To Calculate Accurate Job Costs
2. Construction Accounting Made Simple
3. Determine Sales, Overhead, Mark-Up & Profit Goals
4. The 12 Step Formula To Always Make A Profit
5. How To Understand Financials & Income Statements
6. Fast Collections and Controls
7. Maximize Your Banking & Bonding
“I want to show you the numbers you need to know
to manage your construction company,
make more money and always make a profit!”
– George Hedley
7 Reasons You Must Watch This 5 Hour Course!
You Will Learn How To:
1. Learn how to manage your money like a pro!
2. Estimate accurate labor, equipment and crew costs!
3. Always make a profit, become wealthy and generate equity!
4. Calculate the right mark-up for overhead and profit!
5. Get a handle on what it takes to make money in your business!
6. Meet your personal and business financial goals!
7. Enjoy the benefits of owning a business that pays you what you deserve!
9 Numbers Every Contractor Needs To Know
To Always Make A Profit!
Jumpstart your construction business by learning the numbers you need to know to make a profit, manage your finances, charge the right price, and feel confident you are on the right track to become financially independent.
This in-depth 5 hour course is presented by George Hedley in his practical ‘nuts & bolts’ style. You’ll watch him teach, view his PowerPoint slides and follow along in the workbook as he walks you through the fundamentals needed to always make a profit. The course is broken down into 5 ‘step-by-step’ one hour classes. Plus you’ll get a downloadable detailed workbook with clearly outlined ‘how-to’ examples, templates, strategies, systems and forms ready to immediately implement.
This Course Is Especially Designed For:
– General Contractors
– Subcontractors
– Specialty Contractors
– Installers
– Builders & Developers
– Service Contractors
– Suppliers & Distributors
Course Description
Every successful construction business owner and manager understands that making a profit starts with knowing your numbers, managing your money, and a clear understanding of what it costs to run your business. Reach your financial goals by learning how much profit you should make; return on equity; the right overhead, margin, and markup. Includes how to estimate accurate crew rates, equipment rates, labor burden rates and job costs. Also clearly understand accounts receivables; assets and liabilities; cash management; realistic profit goals; and achievable sales targets.
Knowing and tracking your exact sales volume, material costs, equipment costs, field labor costs, subcontractor costs, overhead expenses, working capital and profit goals are key to making more money. Includes the 12 step formula to always make a profit, how to calculate your fixed overhead cost, and develop a standardized estimating bid template with total job cost, general conditions, and variable mark-up. George Hedley will also show you how to read your balance sheet, profit & loss statement, work in progress reports, budgets, accounts receivable aging, cash reports, and backlog tracking. A must for all contractors, subcontractors, specialty contractors, and builders who want to make more profit!
- Manage & understand 9 numbers every profitable contractor knows.
- Use the ‘12 Step Formula To Always Make A Profit’
- Calculate the right Markup to charge.
- Know Your Job Costs, Labor Burden & Equipment Costs
- Track your Receivables & Cash.
- Understand Assets, Liabilities, Equity, Return, Working Capital, Income Statements, Balance Sheets, Work In Progress & Completed Contracts Schedules.
George Hedley, professional business coach, author of the bestseller: “Get Your Business To Work!” and “Construction Entrepreneur of the Year” award winner will share how to implement his proven step by step formula to always make a profit and make more money so you can get your company to work the way you want it to and reach your business and personal goals. Every contractor, builder, subcontractor, specialty contractor and supplier, large or small, will benefit. Presented with enthusiasm, high energy and lots of practical ideas.
Upon completing this program you should be able to:
1. Estimate accurate job costs, labor, equipment, and crew rates.
2. Use standard job cost estimating templates to develop accurate estimates and bids.
3. Learn the 12 step formula to always make a profit.
4. Learn how to calculate your job costs, general conditions, overhead, and profit mark-up.
5. Create a written business plan with targets and goals for growth, people, sales, systems, and profit.
9 Numbers Every Contractor Needs To Know
To Always Make A Profit!
CLASSES – Each class is 1 hour:
1. How To Calculate Accurate Job Costs
2. Construction Accounting Made Simple
3. Determine Overhead, Contracts & Profit Goals
4. The 12 Step Formula To Always Make A Profit
5. Financials, Collections , Controls & Bonding
Ready To Know Your 9 Numbers
& Always Make A Profit?
Become an Owner
Learn to become an owner, rather than an underpaid overworked supervisor.
Learn to Delegate
Delegate, let go and get your priorities in order.
Make a Profit
Always make a construction profit, become wealthy and generate equity.
Keep Loyal, Repeat Customers
Find and keep loyal repeat customers who give you lots of profitable work.
Retain the Best People
Build a great place to work that attracts and retains the best people.
A Business Plan that Works
Get your construction business plan to give you what you want
Enjoy the Freedom
Enjoy the freedom and benefits of owning an awesome business.