Courses Offered
It’s never too late to implement finance first strategies in your business.
Fiscal Operating Budgets
The most critical part of gaining financial power is having an accurate fiscal operating model. This model tells you how much it will cost to run your company for 1 year.
Tracking Sold Gross Profit (Not Sold Revenue)
It is important to know if you are selling fast enough to pay for one years operational costs. If you are not selling fast enough you will not hit your operational budgeted and not be profitable.
Tracking Deposited Gross Profit
In addition to tracking sold GP, tracking deposited GP ensures you are collecting money fast enough.
If you are selling fast enough GP but not collecting AR fast enough you will feel a cash crunch even if sales and production are at or above your fiscal operational budget.
Work In Progress
Work-in-process is the value of work begun and not completed.
Accounting WIP reports are complex reports and extremely helpful to construction companies as they help companies understand how much work they are producing on a monthly basis.
Create a Cost Budget
Work Orders/Purchase Orders
Job Costing
People – Org Chart
Getting the correct org chart and the correct people on the team
Data / Scorecard
Tracking key KPI’s weekly
Setting and Communicating Vision
Issues
All EE’s work on the companies’ biggest issues all the time