Wednesday, November 8, 2023 (9:00 AM - 4:00 PM)
Improve your understanding of financial reports and learn how to use analytical tools that increase profit potential and add important data to decision making. This course for building professionals explores many tools that will allow you to take your company’s financial temperature and other vital signs and choose corrective measures to assure continued business health. Learn how to start with business plans, budgets, and goals, informed by your local business potential, and choose the most profitable paths to move forward. Learn about specific financial tools, including ratio analysis tips, pricing formulas, labor burden calculators, and slippage calculators, which will help you make money on all projects. Finally, we will demonstrate the value and use of pro forma analysis to predict profits and cash flows.