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Unlock the secrets to profitability with George Hedley in this full recording of the 'Numbers Contractors Must Know & Track' webinar from September 10, 2024. 📘 To receive the workbook or for more information, email [email protected]. Highlights: -Introduction to crucial financial metrics -Detailed analysis of P&L, Balance Sheet, WIP Schedule, AP, and AR -12 Step Formula To Always Make A Profit -Deep dive into Sales, Overhead, Profit, Mark-Up, Margin -Effective tracking and management of job costs, labor, and equipment rates -Strategies for managing cash flow and change orders -Duration: 2 Hours with a 10-minute break between sessions. Make sure to watch the entire session to gain comprehensive insights into managing your project finances effectively. Subscribe for more resources and updates on our upcoming webinars! -Website: hardhatbizcoach.com -Find George on LinkedIn: / georgehedley -Online Courses for Contractors (Hardhat BIZSCHOOL): https://hardhatbizcoach.com/courses/ -To schedule a coaching call with George email: [email protected] 00:00:00 Introduction 00:19:19 Calculating Job Cost 00:30:14 Project Rate Sheet 00:34:06 Overhead and Markup 00:40:49 Rules for Getting Rich 00:47:18 Profit & Loss Statement 00:58:07 Income Statement 01:15:15 12 Step Formula 01:25:00 WIP (Work in Progress) 01:36:18 Markup vs Sales Required 01:40:27 Conclusion