Strategic Planning For Growth: A practical Guide for a Profitable Construction Company

This course is offered in  1/2 day sessions via Zoom, on the following dates:

May 28 & 29, 2024 | November 13 & 14, 2024

Success in business is deliberate, not coincidental. Despite its importance, many construction companies overlook strategic planning. This course, tailored for construction professionals, will enlighten participants on the transformative power of strategic planning. The course narrative revolves around a hypothetical $25M mechanical construction company ready to scale its operations and explores how management strategizes for growth.

Planning creates a forward-focused vision, provides an action guide, directs everyone’s actions toward desired outcomes, improves resource utilization, provides motivation and commitment, sets performance standards and allows flexibility. Strategic planning is a lot of work, but the benefits are lasting.

What will you learn?

1. Strategic Growth Plan:

Set the success framework, action steps, financial milestones, and evaluate strengths, weaknesses, opportunities and weaknesses.

2. Annual Business Plan:

Dive deep into executive summaries, objectives, sustainability considerations, competitive analyses, market insights, revenue strategies, break-even points, and strategic partnerships.

3. Financial Plan:

Master the art of annual and monthly projections, key performance indicators (KPIs), profit forecasts, and balance sheet analyses.

Who should attend?

Managers pivotal to your company’s trajectory will gain immensely just as over 50 construction professionals have enhanced their strategic vision through this course in the last three years.

Attendance at this course earns 2 Gold Seal Credits

Course Requirements:

This course is highly interactive, you must have the following:

  1. Computer or laptop with webcam: This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content like slides or videos, and interacting via typing with questions or responses. For this reason, you must have a webcam and use a full computer/laptop, students can not attend
    using a tablet or cell phone.
  2. A quiet space with minimal distractions: Please plan to be fully engaged in the class, and clear your work schedule just as you would for an in-class program.
Accountants Guide to Project Management

Accountants Guide to Project Management

May 14 & 15, 2024 | October 29 & 30, 2024

COURSE OVERVIEW This course aims to bridge the gap between financial professionals and project managers by teaching accountants the language of construction project management. This includes insight into understanding how project information relates to different...

Profitable Contracting

Profitable Contracting

May 22 & 23, 2024 | November 5 & 6, 2024

The successes of construction companies are attributed to the relationships between operations and financial personnel. Managers and owners who excel in both areas can optimize performance, manage risks effectively, allocate resources efficiently, and capitalize on...

Finance and Accounting for Non-Financial Managers

Finance and Accounting for Non-Financial Managers

October 8, 9 & 10, 2024 | January 21, 22 & 23 2025

Do you know your numbers and how to use them?  How are you managing labour productivity issues, unwanted costs, high overhead expenses, below-budget profits and one continuous headache with cash-flow?  Developed exclusively for the Canadian Construction industry, this...

Course Starting Times: PST: 8:30 am; MST: 9:30 am; CST: 10:30 am; EST: 11:30 am; AST: 12:30 pm;  NST: 1:00 pm

About the Trainer

With over 35 years in senior financial roles, Wayne Newell has a rich history with companies across Canada, the US, and the Caribbean. He’s not just an accountant but a mentor who has guided businesses towards growth. Wayne shares his vast knowledge, techniques, and strategies that have transformed contracting companies. His seminars have reached over 3600 professionals, making him a seasoned voice in the industry. He was awarded his CMA designation in 1972.