The Current Economy Has Created The GREATEST GROWTH OPPORTUNITY EVER And I Will Share Everything Successful Construction CEOs are Doing!
May 29th, 2024
Profitability And Cashflow Is The Greatest Concern for All Commercial Contractors. Learn How To Make Guaranteed Profits On Every Contract And Grow A Hyper Profitable Construction Business!!
May 29th, 2024
IS THIS FREE MASTERCLASS FOR YOU?
Are you operating your construction business on a hamster wheel…
...Are you constantly trying to sell more to make more profit...
...Do you pay yourself of what is left after paying everyone…
...Is every month a roller coaster ride, to pay for job expenses and overhead …
...Do you know if your jobs are making money or losing money…
...Do you know how much you need to sell to make a profit or breakeven...
...Do you what if you have enough income coming to cover all your expenses...."
If you are unsure about all the above questions you are running your business as a hobby...
Profitability and success is planned and does not happen by chance...
To run a profitable commercial construction firm you need 3 things in place:
Construction business unlike other industries has some inherent disadvantages.
There is always a timing difference of revenue collected and expenses incurred creating a cash deficit.
Fluctuating materials costs, timely delivery and labor shortages creates job backlogs which in turn causes revenue delays.
These are uncertainties which cannot be controlled and will cause cashflow issues, but to top this all if you are undercharging to get any job, not knowing how to control internal costs you would dig a bigger hole in your bank.
1) Knowing your numbers and how much you should charge to always make a profit.
2) Not running your business in the dark but having a well laid out business plan which you can follow month to month to see if you are hitting your targets.
3) Whether or not you have enough cash/working capital to cover overhead or have capacity to bond the next big job.
To run a profitable construction firm, you need to know few things …
How much to charge to make a profit, have enough cash to cover job costs, overhead costs, set money aside for taxes and make a decent profit.
How much is the true cost of your labor, and if you are charging enough to earn the correct profit on employees.
For contractors financial reporting starts at the job level, each job's financial status directly impacts the contractor's overall financial statements. Contractor's need to know - gross profit by job, cashflow by job, over/under billing by job, backlog schedule, percentage complete on each job- every month.
For any business to be successful, decisions need to be made based upon reliable and timely financial information.
While this is a fundamental concept that is easily understood, all too often business owners don’t receive accurate and timely financial statements and other critical financial information needed to run their business.
We help contractors help achieve profitability and reach their financial goals.
If you want a better way to earn more, help more people, and enjoy more freedom in your life...
I invite you to join my upcoming LIVE Masterclass where I will take you through a system that doesn't involve the hustle culture you have been given.
IS THIS FREE MASTERCLASS FOR YOU?
Are you operating your construction business on a hamster wheel…
...Are you constantly trying to sell more to make more profit...
...Do you pay yourself of what is left after paying everyone…
...Is every month a roller coaster ride, to pay for job expenses and overhead …
...Do you know if your jobs are making money or losing money…
.
..Do you know how much you need to sell to make a profit or breakeven...
...Do you what if you have enough income coming to cover all your expenses...."
If you are unsure about all the above questions you are running your business as a hobby...
Profitability and success is planned and does not happen by chance
...
To run a profitable commercial construction firm you need 3 things in place:
Construction business unlike other industries has some inherent disadvantages.
There is always a timing difference of revenue collected and expenses incurred creating a cash deficit.
Fluctuating materials costs, timely delivery and labor shortages creates job backlogs which in turn causes revenue delays.
These are uncertainties which cannot be controlled and will cause cashflow issues, but to top this all if you are undercharging to get any job, not knowing how to control internal costs you would dig a bigger hole in your bank.
1) How much to charge to make a profit, have enough cash to cover job costs, overhead costs, set money aside for taxes and make a decent profit.
2) How much is the true cost of your labor, and if you are charging enough to earn the correct profit on employees.
3) For contractors financial reporting starts at the job level, each job's financial status directly impacts the contractor's overall financial statements. Contractor's need to know- gross profit by job, cashflow by job, over/under billing by job, backlog schedule, percentage of completion on each job-every month.
For any business to be successful decisions needs to made based upon reliable and timely financial information.
We help contractors help achieve profitability and reach their financial goals.
If you want a better way to earn more, help more people, and enjoy more freedom in your life...
I invite you to join my upcoming LIVE Masterclass where I will take you through a system that doesn't involve the hustle culture you have been given.
WHAT YOU'LL LEARN
WHAT YOU'LL LEARN
This is Also For You IF...
Are You Tired Of Working For Money...
Frustrated by the cost of lost and wasted time or errors and rework
Know how the backlog you have determines the amount of cash you have to operate with...
Have the power to know how soon you'll breakeven for the year and start making profit...
Do you have enough cash/working capital to cover overhead?
Do you have the capacity to bond that next big job
Learn How To Stop Trading Your Time For Money...
Find out how much cash you have to operate with...
If You Answered YES To Any Of The Above?
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This content is intended to be used for educational and informational purposes only. Before investing, you should always do your own analysis based on your own financial and personal circumstances before making any investment.
We are not attorneys or investment advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.
At Payless Taxes we believe that success is the result of hard work, education and persistence. Examples given should not be considered typical and there is never a guarantee of results. Information provided is educational in nature and is not legal or financial advice. By using this website or any related materials you agree to take full responsibility for your own results, or lack thereof. Our team is here to support you, but you should always do your own due diligence before making any investment or taking any risk. Success is your duty, obligation and responsibility.
Payless Taxes LLC
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© Payless Taxes LLC . All Rights Reserved.
*Please read this disclaimer:
This content is intended to be used for educational and informational purposes only. Before investing, you should always do your own analysis based on your own financial and personal circumstances before making any investment.
We are not attorneys or investment advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.
At Payless Taxes we believe that success is the result of hard work, education and persistence. Examples given should not be considered typical and there is never a guarantee of results. Information provided is educational in nature and is not legal or financial advice. By using this website or any related materials you agree to take full responsibility for your own results, or lack thereof. Our team is here to support you, but you should always do your own due diligence before making any investment or taking any risk. Success is your duty, obligation and responsibility.
Payless Taxes LLC
© Payless Taxes LLC . All Rights Reserved.