Maximizing Your Profitability: Understanding Cash Flow
“Did we make money?” Never ask this question again. Understanding your cashflow is key to being able to manage multiple building projects. In this session, we will give you all the tools necessary to track your key metrics and the profitability of your company on a weekly basis. This tool will enable you to navigate 2018 and beyond with confidence and clear direction of where to focus your time and money.
Attendees will be given:
- A set process to track your numbers and predict how much profit you will make
- Clarity on your cash flow so you always have cash in the bank to take on new projects.
- A breakdown for a sales and production plan giving you clear direction on what you need to do week to week in your business to hit your profit goals.
Builders, renovators and trades, $1M – $5M in revenue.
9am – noon – classroom time, with one 10 minute break.
Danny Kerr, Co-Founder & Managing Partner, Breakthrough Academy
Danny learned two important things as a young age: to work hard and be humble in everything he does. Coming from a modest family, he was forced to create his own success in life. As a Dyslexic student in school, he was treated differently throughout his upbringing and his potential was questioned by everyone around him. As he grew up, these experiences fueled his desire to push boundaries and prove what was possible. From a struggling middle school student, Danny graduated high school with a 4.0 GPA, and then started his own painting business employing 12 full time staff and making enough money to buy his first home. At 20 years old, Danny took a leadership position for a franchise company and grew sales from $400,000 to $1,300,000 in one year.
Such rapid growth was only possible through selecting top caliber franchisees and being an open, honest, and flexible coach to them. Growing that business launched Danny’s journey in developing companies, where he spent the next six years scaling businesses. Through these experiences, he decided to commit his life to assisting others to move past adversity and reach their full potential. Danny has since left the franchising world and opened horizons to all trades business owners seeking guidance through their growth stages. Through authentic relationships and always putting his heart into what he does, Danny looks forward to continuing to make a difference in the lives of business owners everywhere.
Danny lives in Abbotsford, British Columbia with his wife and two beautiful young daughters. When he’s not helping prospective BTA members, you can usually find Danny exploring mountains in his Jeep.