3 Essential Financial Strategies to Optimize & Protect Profit

What It’s About

If there is one topic that is relevant for every business owner in our industry, it's profit! Building excellent homes or delivering great remodeling projects is completely irrelevant without it. And in an industry with so many unique variables, achieving excellent profit margins can be an incredible challenge—one that many builders and remodelers struggle with almost daily. This advanced session will focus on the three essential strategies necessary to ensure optimal profitability and ongoing financial diligence: proactive financial planning, knowing and calculating break-even, and measuring the proper KPI's. Leave with an action planning framework to put these principles into practice.

What You’ll Learn

• Learn how to know and calculate your actual profit goals, and then create a financial plan for achievement.
• Understand key financial planning metrics such as overhead budget, break-even revenue goals and salary cap to avoid overspending.
• Identify the KPIs to track and the best methods to study those metrics.

How to Attend

Participants must be registered for an Expo + Education or Expo + 1-Day Education pass package valid for the day of the session they wish to attend. Seating for sessions will be on a first-come, first-served basis.