- Gold Seal Credits: 1
Mastering Financial Management for Construction Business Owners
Unlock the financial potential of your construction business with our intensive 3-hour training session. Tailored specifically for construction business owners, this course dives deep into the financial aspects that directly impact your bottom line. Learn about the ten drivers of profit and cash flow, master the essentials of job costing, and discover effective cash flow management strategies.
3 hours
From $329.99 excl. GST
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22 Nov3 hours, 09:00 AM - 12:00 PMLIVE, Online
- VICA Member Rate $329.99 excl. GST
- $379.99 excl. GST
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Details
Description
With practical examples, case studies, and interactive Q&A sessions, you’ll gain actionable insights to boost profitability, manage cash flow efficiently, and make informed financial decisions. Elevate your business to new heights of financial stability and competitive advantage.
What Will You Learn?
The Ten Drivers of Profit and Cash Flow
- Understand the fundamentals of profit and cash flow: Gain a clear understanding of what profit and cash flow are and why they are crucial for business success.
- Identify the ten key drivers: Learn about the ten critical factors that influence profit and cash flow in a business.
- Apply practical examples: See how these drivers work in real-world scenarios through practical examples.
- Engage in interactive discussions: Participate in a Q&A session to clarify doubts and deepen understanding.
The CFO’s Guide to Job Costing
- Grasp the concept of job costing: Understand what job costing is and its significance in financial management.
- Recognize the importance in construction: Learn why accurate job costing is vital for construction projects and overall business health.
- Implement job costing effectively: Follow a step-by-step guide to set up and manage job costing in your organization.
- Learn from real-world examples: Gain insights from best practices and examples to enhance your job costing processes.
- Clarify doubts: Use the Q&A session to address specific questions and challenges related to job costing.
Understanding Cash Flow
- Master cash flow management basics: Learn the fundamental principles of managing cash flow effectively.
- Identify common challenges: Understand the typical cash flow challenges faced in the construction industry.
- Develop strategies for positive cash flow: Discover strategies to maintain a healthy cash flow and avoid financial pitfalls.
- Utilize forecasting tools: Explore various tools and techniques for accurate cash flow forecasting.
- Engage in interactive learning: Participate in a Q&A session to discuss specific cash flow issues and solutions.
Course Instructors
Jeffrey Denissen is a seasoned financial expert and the principal instructor at Profit Guard Consulting. With over 20 years of senior management experience, he holds credentials as a CPA, CA, and Certified Internal Auditor. Jeffrey is also a Certified Chief Financial Officer and Chief Compliance Officer.
As an instructor, Jeffrey brings a wealth of practical knowledge and real-world experience to his courses. His teaching approach is designed to transform business owners from industry experts into proficient business managers. He focuses on simplifying complex financial concepts, making them accessible and actionable for business owners. His sessions are interactive, incorporating practical examples, case studies, and Q&A sessions to ensure a comprehensive understanding of the material.
Jeffrey’s expertise and approachable teaching style make him an invaluable resource for anyone looking to improve their financial management skills and drive business success.
Learning Provider
Profit Guard Consulting specializes in providing outsourced CFO and business advisory services aimed at helping business owners achieve growth and financial success. They offer a range of services, including:
- CFO Advisory Services: They guide businesses to improve profit and cash flow.
- Financial Training: They provide simple, yet effective financial training tailored for business owners.
- Business Advisory: Offering strategic advice to help businesses navigate financial challenges and capitalize on opportunities.
Their approach focuses on transforming business owners from industry experts into proficient business managers by emphasizing the importance of financial health and strategic decision-making.
Cancellation Policy
Registration cancellation request/notification received:
Five (5) or more business days before the course: Full refund of registration fees
Less than five (5) business days before the course/day of the course: No refunds. No transfers of registration fee to a future course date.
Substitution of another member of your company/team is permitted up to the course start date for no additional fee.
Note: Unless otherwise stated, every person able to see, hear, and observe the virtual course sessions must be a paid participant. Non-compliance of this requirement will result in removal from the course. Refunds will not be issued to students who are removed from the course for non-compliance of this requirement.