Profitable Contracting

Description

This Gold Seal Accredited course is designed specifically for construction professionals looking to overcome the industry's most difficult financial and operational challenges. In just two half-day sessions, you'll learn practical, proven strategies to cut unnecessary costs, improve cash flow and boost overall profitability. You’ll also learn how to address common issues such as labour shortages, excessive overhead and over-budget projects.

Tackle real challenges like tight margins, rising labour and material costs, change orders and overhead pressure with proven tools. Experience an interactive, hands-on course that goes beyond traditional lectures. It’s filled with real-world examples, group discussions and tools you can put to work right away – in the field, in the shop and in the office.

Course Details: 
Tuesday, November 4 and Wednesday, November 5
1:00 - 5:00 p.m.
Location: Virtual Classroom: 2 Sessions of 4.0 hours each (total 8 hours)
Gold Seal Accreditation: This workshop is accredited for 2 Gold Seal Credits
Pricing: Member Rate: $499.00 plus hst / Non-Member Rate: $599.00 plus hst

Profitability Tools

In construction, simply completing projects isn’t enough—profitability, efficiency, and financial control are critical for long-term success. Backed by over 35 years of industry and management experience, this course equips you with the tools to:

• Master Financial Management – build a base of construction-specific financial reports.
• Control Costs – cut waste, lower overhead, and improve labor efficiency.
• Improve Cash Flow – navigate cash shortages and strengthen liquidity.
• Increase Profitability – enhance cost controls, planning, and reporting accuracy.
• Enable Growth – build a strong financial foundation for sustainable growth.
• Control Risks with proven strategies – review bonding and insurance types.
• Protect & Optimize company assets – how internal controls prevent against fraud.
• Solve Skilled Labour Shortages – explore inclusive and strategic hiring practices.
• Eliminate Productivity Gaps – understand direct, indirect, and opportunity costs.
• Define Project Managers’ Roles:  identify performance goals.
• Reduce overhead & Safeguard Financial Health: learn cost-control techniques.

 Who Benefits by Attending?

• Contractors and sub-trades in all fields of construction—generals, HVAC, electrical, plumbing, sheet metal, roofers and more.
• Business, field leaders and owners looking to increase profits and productivity.
• Trade professionals aiming to move into management roles.
• Gold Seal candidates will be awarded 2 credits.

Whether you work on-site or in the office, this course will enhance your leadership liabilities.

Successful completion and attendance of the two days training is worth 2 Gold Seal credits. Please click here for more information on gold seal certification and how you can become certified.

 About the instructor: Wayne Newell has over 35 years of experience in financial and operational management across construction, manufacturing, and service sectors in Canada, the U.S., and the Caribbean. A CMA since 1972, Wayne has trained more than 4,000 construction professionals in the past 20+ years. His courses are known for being clear, relevant, and results-focused, helping contractors improve performance and profitability.