From Survivability to Profitability - Using a Dashboard to Steer Your Company on the Right Financial Path
Discipline: Ethics & Business Practices
Strategic decisions have become crucial as the economy improves. As a construction business owner or manager, you cannot afford to get buried in the weeds of the daily financial transactions. Instead, you need to have a financial dashboard that provides an early warning system for your financial stability. Learn to utilize metrics to manage your company and create an executive dashboard. Explore what numbers you need to track on a regular basis and create a breakeven analysis to help make crucial financial decisions. Forecast the consequences of changes in overhead, margin, sales volume and see how each change relates to your company performance.
1. Create an executive dashboard specific to your company needs
2. Determine the specific metrics you need to track on your dashboard
2. Create a breakeven analysis using your own financial information
3. Examine how changes in your pricing structure can improve your profitability
For more information please visit www.worldofconcrete.com or contact Informa at 972-536-6416.
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