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I believe that all information on any subject can be summarized on one page. That includes weekly, monthly and annual financial reports, operations reports and job evaluations.

 

 

 
 

EXECUTIVE SUMMARY
 

Synopsis

  • 4 to 6 hour seminar

  • Developed for small and medium sized contractors

  • New and creative strategies to improve profits and increase cash flows

  • Presented by a CFO with over 30 years of leadership in senior management roles.

 

Target Audience - anyone who can influence profits - owners, managers, project leaders, estimators, administrators, accountants and Gold Seal candidates

Accreditation - Canadian Construction Association

 

History – presented multiple times in most major Canadian cities sine 2003

 

Resume of developer and presenter – Wayne Newell

  • Senior financial officer with a passion for reducing costs and improving profitability

  • Proven track record with contractors with $2,000,000 to $50,000,000 revenues

  • Awarded CMA (Certified Management Accountant) in 1972


 

Operations Management

Financial Management

  • 8 basic profit requirements

  • Estimating - takeoffs, costs, overheads, profits

  • Labor and equipment billing rates

  • Labor productivity secret – 15 minutes

  • Impact of poor planning and scheduling

  • Seven effective negotiating techniques

  • Materials and tools management

  • Ensuring payment for all change orders

  • Recognizing hidden costs

  • Cost control and timely reporting

  • Risk management

  • A new tool - gross profit factors

  • Using revenue to control overhead costs

  • Setting your profit plan in 4 numbers

  • How bankers assess risk

  • Sources of additional cash

  • Simplified, timely financial statements

  • Comprehensive cash flow discussions

  • A/R collections - warnings, policies, tactics

  • Internal control procedures

  • Post-recession strategies

  • If I managed your business... summary


 

 
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