Three Strategies Boost Construction Company Profits
Manage episode 441417555 series 3577191
Do you struggle to consistently meet your financial goals? In this podcast episode, find out the 3 things I have all my clients do that make a HUGE difference in being able to not only meet but exceed their goals!
In this episode I share Joe and Steve’s story of how they went from struggling to make a consistent profit in their construction business to exceeding their financial goals AND having more peace of mind.
Initially overwhelmed and lacking clear objectives, they realized that simply increasing sales wasn’t the answer. Instead, they focused on 3 key strategies that transformed their approach.
They created an operating budget with specific financial goals, used a backlog report to track future work, and regularly reviewed their progress. This approach gave them clarity on their financial health and allowed them to anticipate potential issues
Listen now as I share the details of what they did and see how you can do the same in your contracting business. Make sure to check out the FREE resource I provide for tracking backlog to help you start to have more peace of mind and generate more consistent results!
Resources:
- Want to increase your profitability? Grab my book “The Profit Bleed.“
- Looking to grow your construction business? Check out our exclusive group "The Contractors Collective.”
- Want employees to take more ownership? Check out our course - “Build Your Dream Team.”
- Are you struggling to hire the right people? Check out our “Contractors Hiring Blueprint” course.
Connect with Vicki on social media:
- YouTube: Vicki Suiter
- LinkedIn: https://www.linkedin.com/in/vickisuiter
- Facebook: https://www.facebook.com/SuiterBusinessBuilders
If you love listening to this podcast, please leave a review in Apple Podcasts.
22 afleveringen