Profitable Construction for Electrical Contractors

Course dates: Hosted exclusively by local electrical construction associations for their members.

This 8-hour course specifically focuses on common operational and financial challenges facing electrical contractors.

Immediate Impact on Your Company

The course guides electrical contractors through typical challenges and provides proven strategies to manage revenues, control costs, boost profits and improve financial management. The knowledge and skills acquired will lead directly toimproved profits and enhanced financial control.

Benefits of this course:

In the construction industry, success goes beyond just completing projects—it’s about equipping you with the skills and tools to manage revenue, costs and expenses, optimize productivity, and maintain financial stability.

What you will learn:

This course, shaped by 35 years of real-world experience, covers 4 critical areas that will directly benefit your company:

  • Operations: industry challenges, skilled labour shortages, materials and tools,
  • Productivity: direct and indirect costs, causes and costs of lost productivity,
  • Financial reporting: job costing and controls, cash flow management, cost and revenue accruals, operating budgets and monthly reports,
  • Financial management: overhead controls, AR policies and tactics, accountants, risk management, internal controls.

This course will equip you with tools and strategies ready for immediate applications. Use them to improve your profitability, productivity, and financial health. All course content is supported with a comprehensive manual, exercises, schedules, and insights.

Who should attend?

This course is perfect for anyone involved in managing or influencing project profitability, including:

  • Company owners,
  • Project managers and coordinators,
  • Field supervisors,
  • Estimators,
  • Senior managers,
  • Department and division managers,
  • Gold Seal candidates.

No matter your role within the company, this course will equip you with the skills needed to drive long-term success and profitability in a competitive industry.

Earn recognition while you learn:

Upon completing two engaging half-day sessions, participants will earn 2 Gold Seal Credits, boosting their credentials and confirming their commitment to professional growth.

About the Trainer

Meet the Instructor

Wayne Newell has more than 35 years of financial and operational experience in construction, service, and manufacturing. A Certified Management Accountant since 1972, Wayne has trained over 4,000 professionals across Canada, the U.S., and the Caribbean. His workshops are grounded in practical solutions and delivered with clarity and impact.

Ready to turn your role into a results-driver?

Whether you’re leading projects, managing teams, or preparing for the next step in your career, Wayne Newell’s courses deliver practical strategies that drive real improvements.

From profitability and financial management to operational efficiency, every course is designed to help construction professionals lead with clarity, confidence, and measurable impact.

Explore the full range of training options and find the right course to support your professional growth and your company’s success.

Questions about this Course or Others?

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