To provide contractors with a practical and enjoyable introduction to managing the financial aspects of tendering, margins and cash flow.
Module A: Income Statement Elements; Turnover
“Selling” of materials and labour
Module B: Cost of Sales
Materials purchased vs. materials used
P & Gs and contingencies
Progress payments and invoicing
Stock on hand and work in progress
Module C: Gross Profit
Mark up and gross margin
Making enough margin
Module D: Operating Costs
Salaries and related issues
Module E: Financing Costs
Interest cost and its effect on the bottom line
Leasing vs. buying
Module F: Net Profit
Taxation and SBC tax
Dividends and dividend tax
Retained income and equity
Module G: Balance Sheet Basics
Owbers Equity and Liabilities
Non-current Assets and Depreciation
Module H: Cash Flow Forecasting
Predicting surpluses, shortfalls and funding requirements
A delegate workbook with input from the course leader, group discussions as well as construction industry based case studies which incorporates all the above elements into an integrated learning experience.
Course duration is two days. Presented in-company.
FOR WHOM INTENDED
Entrepreneurs and managers in construction and allied industries.