Profitable Contracting

Please note that this course will take place on April 13 & 14 from 79:30am - 1:00pm and will be delivered via Zoom.  Participants will require a stable internet connection with access to audio tools (headset or speakers & microphone).


This six-hour, Gold Seal approved, Profitable Contracting course, specially crafted for the construction industry, covers the essentials of operations and finance for contractors. Learn how to control and reduce expenses. Learn how to make more money. Learn how to rid yourself of labour productivity concerns, high overhead costs, below-budget profits and cash flow headaches. Learn how to increase
cash flow and improve profits.
Profitable Contracting discusses operational and financial issues I experienced during my 35-year career. Many will apply to your company: profit requirements, estimating, project management, labour productivity, human resource skills, materials and tools management, change orders, job costing, cash flow, AR collections, risk management, overhead controls, asset controls and a host of others.
All participants receive and take home a detailed course manual complete with all the topics, exercises and schedules need to improve their business.


Learning Outcomes:

  • Key strategies to improve profits and cash flow
  • Identify costs and solutions of lost productivity
  • Effective human resource policies and procedures
  • Forecast adequate revenue to ensure overheads are covered and profit is achieved
  • Ensure that billings and change orders are controlled and monitored for collection
  • Safeguard company assets
  • Forecast company and project cash flows
  • Control and/or reduce overhead costs
  • Use financial reports to deliver better financial results
  • Establish a strong financial awareness in all personnel who attend
Who should attend:
Owners, department and division managers, project managers, coordinators, field supervisors, estimators, senior managers, Gold Seal candidates and anyone who can influence project profits.


Gold Seal Credits

This workshop is worth 1 Gold Seal credit


About the Instructor

For over 35 years Wayne served in senior financial leadership roles and worked with companies in Canada, the United States and the Caribbean. His experiences and expertise, shared with many companies, has helped owners, managers, employees and businesses grow. In doing so, he has amassed a library of knowledge on what makes a successful contracting company.
In the past eighteen years he has presented his exclusive Construction Management Courses to over 3,400 construction professionals from St. John’s to Victoria. He was awarded his Certified Management Accountant (CMA now CPA) designation in 1972.

Event Details

Event Starts Apr 13, 2021 9:30 am
Event Ends Apr 14, 2021 1:00 pm
Capacity 25
Registration & Cancellation Deadline Apr 8, 2021 12:00 pm
Individual Price $300 +gst -Members & $400 +gst - Non-Members
Speaker Wayne Newell
Number Hours 6
We are no longer accepting registration for this event