Video title: Your 2022 Success Plan: A Practical Guide

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In this past year, I’ve seen so many contractors who have responded to the demand of the remodeling market, worked super hard to keep up the pace, but who have not experienced a corresponding increase in their net profits. While the PPP money helped with cash flow, and maybe even still has your bank account looking great, we all know that when that money runs out, you’ll still have to deal with lagging profits. 

Building a profitable contracting business is just like building a successful project – it begins with a blueprint or plan that outlines what you want the end result to look like.  Just like bidding a project starts with the end in mind, so does planning for a profitable and financially healthy contracting business.

In today’s video you’ll get a practical guide for building your profit plan for 2022.  I’ve included a free template with prompting questions to get you started, AND benchmarks for what a successful remodeling business wants to have in net profit margins and cash reserves.

Grab my easy to use the Budget Goals Worksheet to help you start making your success plan for next year!  
https://suiterbusinessbuilders.com/budget-goal-sheet/

Tags:

#success_plan_worksheet, #budget_template_construciton, #increase_profits_construction, #remodeling_profitably, #know_your_numbers, #net_profit_margin_benchmarks, #KPI_for_contractors, #planning_for_profits, #Stop_the_profit_bleed, #the_profit_builder

Video URL:

https://www.youtube.com/watch?v=xHAZMIhspVQ

Video Author:

Vicki Suiter

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