There are three systems that are part of the most important processes for creating and maintaining cash flow in businesses. These complex processes are so inter-dependent that if one fails the others falter.

When you arrive on the job, you have a process for installing a water heater, shell sealing, insulation, a new kitchen, building an addition, or diagnosing the building’s performance (all complex activities). However, you may have no processes in your business to assure sustainability. Sustainability is most often dependent on cash flow. When these processes work, profits follow. When there is a failure in one of these systems you might actually begin going out of business, regardless of how big you are or how long you have been in business. Sadly, too many contractors start going out of business the day they open their doors. The real issue is that often we don’t know what we don’t know!

During this session, you will learn about:

• The three (3) most important systems to generate cash flow
• How to add job descriptions, bookkeeping, and job cost accounting
• Increasing your odds of survival in this difficult business

Mike Gorman, TechKnowledge Systems
Earn Up To 1.5 BPI CEUs

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