Annual financial planning guide for the profitable builder
For construction business owners looking to have it all, consider this your guide to greater profitability.
You’ll Learn:
New strategies to increase revenue
A checklist of items to include in your financial plan
4 steps to create your annual plan
Top 5 year-end accounting to-do’s for construction teams
Now’s the best time for builders to assess how they can push their business further. Because the goal of any construction team is to turn a profit, not just remain open. For many in the industry, that’s easier said than done unless you have a strategic annual financial plan.
A study by the Construction Financial Management Association found that companies with financial plans make 33% more profit than those without targets.
To make this process painless, this guide highlights what you should consider including in your construction company’s financial plan and how it all comes together. We’ll help you close the books on the previous year and determine what’s possible for the months to come.