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How to Maximize Profit and Cash Flow in the Growth Stage
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Struggling with cash flow as your construction business grows? Learn essential strategies to maximize profit and maintain cash flow during critical growth stages. Wade Carpenter and Stephen Brown share expert insights on navigating financial challenges.
Watch now for practical tips on pricing, billing, and cash management. Don't let growth sink your ship!
What we cover on this episode:
- 00:16 - Cash Flow Challenges
- 00:44 - Growth Phases
- 02:12 - Overhead and Profit
- 03:29 - Pricing and Markup
- 04:40 - Cash Flow Forecasting
- 06:31 - Accurate Financials
- 08:14 - Startup Phase Mistakes
- 10:30 - Cash Flow Control
- 12:41 - Growth Phase Risks
- 14:40 - Maximizing Profit
LINKS
Visit the episode page at https://CarpenterCPAs.com/scale for more details and a transcript of the show.
Join the Profit First for Construction community!
Find all episodes and related links at ContractorSuccessForum.com.
Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
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