Available in 2 Formats:
MP3 Download: $28
Compact Disc: $28
Most roofers understand the technical aspects of the job, but are intimidated by the financial process. However, an employee who understands key financial data and reports will be more likely to generate higher profits, avoid "boom and bust" times, and make better business decisions. Learn how to better understand and utilize basic accounting concepts, especially those specific to this industry. Discover how to make more money by understanding the nature of costs. Session material will be presented at a beginner level for both commercial and residential contractors.
1. Examine the importance of good financial management systems, including processes for estimating, production, accounting and analysis
2. Learn key construction accounting management terms and principles, such as revenue recognition methods, job costing and job cost analysis, progress billing, overhead and profit
3. Improve profitability by using percentage of completion and gross margin metrics
4. Determine all costs that should be included in a fully burdened labor rate
Speaker(s): Leslie Shiner, Owner, The ShinerGroup
Target Audience: Superintendent-Foreman, Residential Contractor, Commercial Contractor
Leslie Shiner, MBA—author, speaker, and trainer—has more than twenty years experience as a financial and management consultant. She is the owner of The ShinerGroup, a consulting firm helping contractors gain financial control. As a business coach, she has worked with both small and large businesses to help them better understand their business practices and maximize their profits. Leslie is the author of numerous publications and articles that focus on the construction industry including A Simple Guide to Turning A Profit as a Contractor. She is an engaging speaker with a long history of rave reviews. She continues to receive high praise for her ability to make financial management interesting, understandable and even entertaining.