Learn to Increase Your Construction Company’s Profit.
Do you own a construction or home improvement business? Are you responsible for the financial performance of the company you work for? If the answer is yes than you know the types of challenges that you face on a day-to-day basis managing and leading a successful construction company.
The construction and home improvement industries are difficult. Building a successful construction company that makes a profit takes a lot of hard work. The most successful contractors realize that they must continue to learn on a consistent and constant basis. The best of the best are students of their business. They continue to learn as they grow building on their past experiences. They understand that profit is a result of good decisions that they make.
The course examines the lack of financial responsibility and awareness that most construction company owners and leaders have. Statistic Brain reports that 53% of all construction company start-ups fail within 4 years of their founding. A primary reason for this failure is the lack of financial awareness of the company owner.
A solution for this problem is for construction company owners and managers to develop a solid understanding of how they affect and impact the income statement. When owners and managers understand how their actions impact the gross and net profit margins they can make more intelligent decisions regarding the financial position of their construction company.
This course focuses on the impact that owners and managers can have on the business’s income statement. It looks at the income statement – or profit and loss statement – and the major building blocks of this financial statement.
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As an added bonus, if you are among the first 50 Construct-Ed members to purchase this course you will be sent a link to set up a FREE 15 minute online meeting with Chris. He will be meet with you for a FREE 15 minute initial online or phone consultation. He will work with you to help coach you through one of your issues and give you guidance to help make your company better!
- The three main building blocks that make up an income statement.
- The difference between Gross Profit Margin and Net Profit Margin
- How you can impact the gross profit of your company through the first building block on the income statement.
- How you can impact the gross profit margin of your construction company through the second building block on the income statement.
- How you can increase the net profit margin of your construction company through the third building block on the income statement.
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