Nailing the Numbers: What numbers really matter for your trades business?
Wed, 09 Oct
|Velocite Limited
Are you a trades and construction business owner, struggling to understand where your profit has gone at the end of each year? Are you worried about covering your costs and meeting your financial obligations?
Time & Location
09 Oct 2024, 8:00 am – 9:30 am
Velocite Limited, 54 Gill Street, New Plymouth Central, New Plymouth 4310, New Zealand
About the Event
Are you a trades and construction business owner, struggling to understand where your profit has gone at the end of each year? Worrying about covering your costs and meeting your financial obligations? Do you know what numbers to keep an eye on in your business?
Join us for “Nailing the Numbers: What numbers really matter for your trade business?” a practical and insightful event designed to help you take the worry about the numbers out of play so that you can spend your time running your business.
What You’ll Learn:
- The key numbers to pay attention to on your Profit & Loss statement
- Why gross profit dollar value is the key indicator you need to watch
- Identifying where your cash goes
- Understanding the true profit on your jobs
- Why budgeting is important
- How to create a budget
- Tips for keeping good records and keeping them up to date
- How to regularly check in on your numbers
- How and why to have multiple budget scenarios
Who Should Attend:
This event is ideal for trades and construction business owners looking to get a handle on their numbers, you will leave the event having gained practical tips to implement into your business, and your day-to-day activities.
There will be time for Q&A with each of the speakers.
A light breakfast will be provided.
Cost: Free
Presenters: Loren Anderson and Shelley Meuli - Velocite Limited