The Craftsman Cycle® is a common trap for business owners, one that starts slowly and gains momentum over time. It can be all-consuming, pulling you away from the important work of building and growing your business. Instead of being able to focus on the big picture, you find yourself bogged down in day-to-day tasks and unable to take your business to the next level. But with the right guidance and support, it’s possible to break free from this cycle and achieve long-term success. (See The Craftsman Cycle® diagram.)
You’re trapped if…
Learn how to take your profit first.
Stop robbing Peter to pay Paul
Create a system for profits
Focus on what’s important
Dettmore Home Improvements Rutherford, NJ
Constructing Spaces, Ltd Calgary, AB
Ken Alger Woodworking Johnston, RI
JPM Construction Omaha, NE
Are you ready to take your construction business to the next level? Our on-demand training program is designed to help you master your finances, break free from The Craftsman Cycle®, and achieve permanent profitability.
With our comprehensive course, you’ll gain the knowledge and skills you need to streamline your operations, optimize your processes, and grow your business. From financial management to marketing strategies, we cover every aspect of building a successful construction business.
So why wait? Sign up for our on-demand training today and start taking control of your business. With our expert guidance and support, you can achieve the financial security and long-term success you’ve always dreamed of.
You’ll get an overview of your financial reports – specifically your Profit and Loss statement and your Balance Sheet. These reports lay the foundation for the Profit First for Contractors’ system and will cover Income, COGs, Expenses, and Net Profit (Before Taxes).
We are going to rip off the band-aid and crunch a few numbers. We’ll cover Real Revenue & TAPs and you’ll take your Initial Assessment to determine your goals for your construction business.
We take a deep-dive into analyzing your Profit and Loss statement to ensure you are pricing your work to produce a profit. By the end of this lesson, you’ll know exactly what you need to charge to produce a profit and determine the areas in your construction business that need adjustments.
We will review the 5 Foundational Accounts including their individual purposes and nuances, and how each account serves your business. You’ll also learn about the additional accounts you may need and how they work in the Profit First for Contractors system.
We are going to put all your hard work into action by developing your Roll Out Plan, so your construction business is permanently profitable forever. We are also going to show you how the 10/25 Rule will help you spot the trends in your construction business, and we will develop your Debt Elimination Plan.
Are you leaving money on the table every time you price a job? Does your CPA know how a construction company makes a profit? How much is not knowing how to read your financial reports costing you? Not sure if you’re making a profit?
A lack of managed cash flow may already be costing you a great deal.
The Profit First for Contractors system works because it marries how you make operating decisions in your construction business with proven financial strategies to guarantee profits.
Without Profit First for Contractors in place, you check the bank account and spend money if you have some. If there’s no money in the bank account, you stress out, cut back, and try to survive.
With Profit First for Contractors in place, you know exactly where all the money is in your business and where it’s going.
Become permanently profitable with a customized Profit First for Contractors Roll Out Plan designed to transform your construction business from a cash-eating monster to a money-making machine.