Key strategies for improving your business operations provides practical approaches to enhancing the efficiency, cost-effectiveness, and profitability of your business. Participants will explore critical areas such as managing change orders, adjusting pricing for labor and materials, and understanding contract overheads and profit rates. The course also delves into the importance of leveraging technology in design, managing insurance costs, and efficiently handling material storage and procurement. With a focus on practical solutions, this course provides actionable insights to help businesses stay competitive, reduce waste, and improve their financial health.

Upon completion of this seminar, attendees will be able to:

• Implement effective cost management strategies: track change orders, adjust pricing for labor and materials, and incorporate charges for additional equipment and time to ensure accurate billing and maintain profitability.
• Enhance operational efficiency through technology and process improvement: gain skills to modernize design processes, embrace new technology, and implement consistent project management practices to improve overall efficiency and quality.
• Master financial and contractual management: analyze and negotiate contract overhead and profit rates, manage cash flow, and accurately account for material costs, insurance, and project expenses to ensure long-term financial stability.