Do I need the Financial Management Department?
Do I need the Financial Management Department?
Here are basic questions to see if you need the Financial Management Department, with its proven Ready-Built Plumbing Financial Management Department processes and forms, as well as job-training and LIVE right-at-your-desktop implementation support available 24/7!
- Are you establishing company pricing rates to achieve a fair profit within all work categories? If not, select the financial management program where you will learn how to read a financial statement and how to break down your revenue and expenses by product/service to help you establish company pricing rates and policies for your demand service, service agreement, special services, installation, and design-build work.
- Are you properly forecasting labor cost expenses? If not, select the financial management program that includes our BudgetPro program to forecast labor cost expenses by work category.
- Are you properly forecasting job cost expenses? If not, select the financial management program that includes our BudgetPro program to forecast job costs by work category.
- Are you properly establishing benchmarks for business growth, spending, and operation to help you proactively improve your businesses performance? If not, select the financial management program where you will learn how to establish your company’s unique key performance indicators and how to use easy “rules-based management” to consistently drive your financial operating benchmarks in a positive profit direction.
- Are you using proper terms and conditions for payment, risk and liability protection in your invoices and proposals? If not, select the financial management program that includes best-practice templates for invoices, residential service agreements, quoted work, installation proposal agreements, commercial short service agreements, commercial built-up service agreements, and project and design-build proposals.
- Are you using proper inventory control for company stock and restocking? If not, select the financial management program that includes a written, best-practice company stock and restocking program.
- Are you using proper collections and accounts receivable procedures? If not, select the financial management program that includes written, best-practice collections and accounts receivable policies and procedures for all work categories.
- Are you using a business action plan to help continuously improve revenues and net profits by work category? If not, select the financial management program that provides you with a FREE no-obligation online “Plumbing Business Evaluation and Improvement Action Plan” and upon completion receive a FREE no-obligation 1-hour telephone consultation.
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