Budgeting & Planning for Success
Tuesday, May 24, 2016 10:00am – 11:30am Pacific (1:00 – 2:30pm Eastern)
Business results in the construction industry are not random events. Each day we execute on the fundamentals of service and sales, and if we do those actions “to plan”, the results at the end of the year are never a surprise (well, maybe to the “upside”, but never to the downside!). Yet budgeting and planning are often the most overlooked processes in the contracting industry because most business owners are not as strong with the “numbers” because they were tradesmen first, business owners second. This webinar will explain and illustrate the fundamentals of “bottom-up” budgeting to achieve desired profitability. Because there are many ways to achieve a desired “bottom-line”, our discussion will be beneficial for the small AND large contractor. We will also discuss 3-year strategic planning in conjunction with annual budgeting (tactical planning).
Mike Robinson is EGIA’s Director of Partner Services and is responsible for developing and executing EGIA’s enhanced member benefits and support services offerings. Mike focuses on delivering financial incentives that motivate members to install high efficiency equipment and renewable energy solutions, while also building relationships with vendor partners to help EGIA members reduce their overall costs of doing business. Mike has been the owner of, and consultant to, HVAC, Plumbing and Electrical contracting businesses for over 25 years and led the development of the first on-line, consolidated Vendor Rebate program in the industry. Mike earned a B.S. in Computer Science from Utah State University and an MBA in Finance and Marketing from the Kellogg School of Management at Northwestern University.