International Builders' Show
January 21 - 23, 2020
Las Vegas, NV
JAN 21-23, 2020

3 Simple Numbers to Measure the Financial Success of Your Business

Thursday, February 21 | 8:30 - 9:30 AM

Location: LVCC - Spotlight and Game Changer Session - South 223

Format: Spotlight SessionMore Info

Level of Content: AdvancedMore Info

Who Should Attend: Subcontractors and Specialty Trade Contractors, Remodelers, Single Family - General Contracting

Track: Business Management

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 metrics to evaluate and project the health of your business: Revenue Per Employee, Closing Rate and Average Weekly Billing. This 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 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 affect the success of your business.
  • Compare the health of your business to others of the same size and structure based on national and regional data.

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 Spotlight sessions will be on a first-come, first-served basis.

Continuing Education:

NAHB - 1.00 CE hour(s), NKBA - 0.1 CEU(s)

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