Contractor Wake-Up Call: What's Draining Your Revenue?
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ℹ ABOUT THIS EPISODE
You can't fix what you can't see. Most contractors know their overall margin but have no idea which parts of their business actually make money.
Wade Carpenter and Stephen Brown break apart the 'green smoothie' of blended P&L statements to reveal hidden profit pockets.
Through real case studies, discover how segmentation helped contractors work fewer hours while increasing profit by $80,000-$137,000.
Learn why your proudest projects might be killing your business and how to identify your true profit makers.
⌚️ Key moments in this episode:
- 00:00 Introduction to Profit Visibility in Construction
- 01:13 Recap of Previous Episodes
- 03:15 Case Study: Commercial vs Residential Profit Margins
- 06:14 Case Study: Electrical Contractor's Profit Analysis
- 09:59 Case Study: Mechanical Contractor's Profit Breakdown
- 14:50 Case Study: Remodeling Group's Financial Insights
- 21:33 Conclusion and Next Steps
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com