The Difference Between Success and Failure for Contractors 3 hours – SRA2808

This course covers the primary financial, operational, and legal practices necessary for success. Includes common reasons for failure and how to avoid them including proper establishment of profit margin, overhead expenses, gross margins, job-costing, payment schedules, operating capital reserve account, change work orders, contracts, profit-and-loss statements, employee and subcontractor manuals. Instructor: Michael Stone, former residential contractor, author and consultant for over five decades. Author of “Markup & Profit: A Contractor’s Guide Revisited.”