Top 10 Mistakes Made by Contractors & Lessons Learned
Jun 5, 2024 - 3:00 PM (ET) - Live, Online
Hosted by CFMA
About this Event
Wednesday, June 5, 2024
3-4:15 PM (EDT) 12-1:15PM (PDT)
Discover the potential consequences of business missteps and explore valuable lessons learned, and best practices to effectively mitigate risks in this webinar. Dive into the top 10 mistakes frequently made by contractors and get a comprehensive examination of each mistake. Throughout this analysis, the presenter will extract valuable lessons learned from each mistake and offer practical advice on how to avoid these pitfalls. The top 10 mistakes covered:
- Cash Flow Management
- Inadequate Succession Planning
- Underinvesting in Reporting Systems & Controls
- No Accountability
- Equipment Investment
- Integrity Issues
- Culture & Loyalty
- Growth vs. Profitability Mindset
- Not Valuing Professional Advisors Blind Spots
After this session, attendees will be able to:
- Recognize the impact of decisions on your company’s top and bottom lines.
- Identify areas of potential risk of similar mistakes in your organization
- Understand how to assess and respond to those risks.
Level & Prerequisites
This is a group-internet webinar at the Intermediate Level. No prerequisites or advanced preparation required.
CPE information
Earn 1.5 CPE credit in the field of Management Services.
CPE can only be earned by attending the live session. CPE is not available by watching the recording.
CCIFP Information
Earn 1.5 CCIFP Professional Development credits toward the General or Construction requirement
Who Should Attend?
- Business Owners
- CFOs & Controllers
- CPAs
- General Contractors & Subcontractors
- Professional Advisors
Price
Free for CFMA members and $69 for Non-Members