Numbers are the barometer of your business.  Simply tracking numbers is not enough. Owners/managers needs to understand what they mean.  This program will cover the five (5) critical financial reports that need to be reviewed every month which are:

• Profit and Loss Statement
• Balance Sheet
• Payables
• Receivables
• Hill & Valley Account, Debt Reduction and Profit Sharing

Specific Learning Objectives: The objective is to help attendees become familiar with the five (5) basic financial reports that need to be reviewed each month.

Session Outline:
Attendees will review each report to gain a basic understanding of the financial health of the company.  Owners/managers don’t need to be accountants in order to understand what’s going on within their business.  This course will provide a basic knowledge on how the company stands, each month, from a financial standpoint.

Presented by Tom Grandy Founder and President of Grandy & Associates

Tom Grandy is an industrial engineer by training, has worked as the general manager of a service company, and was previously the Director of Company Development for Dial One franchise. Tom founded Grandy & Associates in 1987. For the past 34+ years his vision has been to "Teach contractors how to run profitable businesses." Grandy & Associates accomplishes its vision through nine (9) full-day seminar/workshops, online training, a two-day "Planning for Profit" workshop and the industry’s leading "Labor Pricing for a Profit" modeling software.  Tom also spends a huge amount of his time performing two-day, onsite, Company Overviews to model companies for maximum profitability.  He also writes articles for a number of trade journals.

Earn Up To 1.5 BPI CEUs

Free to BPI GoldStar Contractors and BPI Test Centers; $50 fee for all others