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Construction Programs & Results Inc

We Like to See The Good Guys Win!

Warning Signs of Trouble

by Michael Stone

Warning signs of trouble in a construction-related business. A clip from Part 3 of our latest class based on the book, "Markup & Profit; A Contractor's Guide Revisited".

For more on the class, visit here - "Markup & Profit Class".

Part 3 is titled Cash Flow Needs, and includes the following topics:

  • Pricing your services
  • Avoiding financial pitfalls
  • Payment Schedules
  • Volume built per employee
  • Unbudgeted Overhead Expense
  • Know your cash flow needs
  • O.C.R.A.
  • Profitable vs. Competitive
  • Market vs. Cost Based Pricing
  • Preventing Business Failure

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