New Contractors Series

Being well-prepared lays a strong foundation for your business, significantly boosting your chances of long-term success. That’s why we offer an exclusive 11-month training program specifically designed for new contractors and managers.

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Trainings in this series:

*Classes starting Thursday, September 12, 2024 / 2nd Thursday of every month @ 9:00 AM PST

 

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Being prepared helps with staying competitive and adapting to market changes.

  • What is a capabilities statement? Why is it important?
  • Does your marketing get the right attention?
  • Does your marketing and corporate identity reflect the customer experience?
  • Is your website effectively providing an online connection to potential customers?

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Managing and guarding against risks to assure smooth project operations.

  • What are the different types of insurance and bonding for contractors?
    • property
      and casualty
    • auto
    • equipment
    • D&O
    • workers compensation
  • How to setup and get a bond?

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Streamlining operations to maximize productivity and minimize costs.

  • What is difference between:
    • revenue
    • cost of goods sold (operating expenses)
    • gross profit
    • expenses
    • net profit

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Be ready ready to address and resolve problems quickly to maintain smooth business operations.

  • When moving to public works, what is the difference between certified payroll, prevailing wage and Union pay?
  • How do you create a process for hiring, onboarding, and training?
  • What needs to be included in a Policies and Procedures Handbook?
  • What are some Human Resources pitfalls and hot topics for small businesses?

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Building and maintaining good relationships with clients is key to success.

  • How do you understand contracts that you sign?
  • How do you formulate contracts that you provide?
  • What are retention payments? How do they affect you financially?

Ensuring fair compensation for all to promote an effective, trustful collaboration.

  • Why is it important to lien a project? How do you lien a project?
  • What are the different types of liens and what do they do?
  • What are some lien companies and resources?

Understanding potential risks and having strategies to mitigate them is essential.

  • How do you create a culture of safety?
  • How do you maintain job site safety?
  • What is internal safety?

Being aware of legal and regulatory requirements to avoid penalties and legal issues.

  • How do you stay in regulatory compliance?
  • What does financial compliance entail?
  • What civil or criminal exposure is there when compliance is not met?

Clear financial records are essential for compliance and growth.

  • What do you need to look for in an accountant?
  • How do you read  financial reports?
  • What are the taxes for small businesses

Effective handling of finances is crucial to ensure profitability and sustainability.

  • What types of accounts are there for businesses?
  • How do you determine the right accounts for your company?
  • When do you need a credit line?

Leading a team effectively requires good leadership and management skills.

  • What is authentic leadership?
  • How do you create a healthy team culture?
  • What is the difference between leadership and management?

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