About this course:
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.
Chris has 20+ years of experience in the industry. He's served as President and CEI of multiple construction companies, and is passionate about helping others develop their skills. He's educated in business coaching and leadership, and was awarded an MBA in Global Leadership from Delaware Valley College, and has studied Leadership Training for Executives at Bell Leadership Institute.