What It's About:
Three simple metrics can be used to forecast and plan for the financial success of a construction business, and these numbers are not complicated to acquire. Even if you do not have your bookkeeping in perfect order, you can use these numbers to evaluate and project the health of your business: Revenue Per Employee, Closing Rate and Average Weekly Billing. This advanced session will provide you with a simple method to calculate, track and analyze these numbers, gauge the financial health of your business and give you the information needed to meet your goals and plan for the future.
What You'll Learn:
Learn how to develop financial projections using total revenue numbers.
Learn how to use just three metrics to gauge the financial health of your business: Revenue Per Employee, Closing Rate and Average Weekly Billings.
Discover how to track and use these metrics to make decisions that will effect the success of your business.
How to Attend:
Participants must be registered for a full registration package or a 1-day education with expo pass package valid for the day of the session they wish to attend. Seating for Building Knowledge sessions will be on a first-come, first-served basis.
NAHB - 1.00 CE hour(s), NKBA - 0.1 CEU(s)