As a business owner, do you often ask - 'Where is all my cash?' Our guest Jason Kruger, President & Founder at Signature Analytics, addresses common issues in financial management for construction companies in our latest podcast. Don't miss his valuable insights!Time Stamps00:41 - Episode & Guest Introduction01:46 - Understanding Financials in Construction03:25 - Importance of Accurate Financials05:53 - Common Pitfalls in Financial Tracking10:11 - The Role of WIP Reports in Construction Accounting15:01 - Challenges in Keeping Track of WIP16:26 - Maximizing Margins19:58 - Understanding WIP Reports26:33 - Handling Customer Cash Deposits30:52 - Handling Cash Deposits in Home Building33:17 - The Process of Closing Out a Project35:01 - Strategies for Better Cash Management42:25 - The Challenges of Managing Inventory50:33 - The Importance of Good Financials for Business Growth53:53 - Conclusion54:26 - How to Get in Touch with Jason KrugerResourcesNeed Marketing Help? We Recommend BenaliNeed Help with podcast production? We recommend DemandcastLearn how you can improve your customer and project workflows! BOOK YOUR FREE 30-MINUTE STRATEGY CALL HERE! Subscribe to The Cashflow Contractor today and get instant access to the FREE Ultimate Buyer's Guide for Contractors!More from Jason KrugerCheckout Signature AnalyticsEmail Jason KrugerCall Jason Kruger at (858) 228 5643Jason Kruger on LinkedIn More from Martintheprofitproblem.comannealbc.com Email MartinMeet With MartinLinkedInFacebookInstagramMore from Khalilbenali.com Email KhalilMeet With KhalilLinkedInFacebookInstagramMore from The Cashflow ContractorSubscribe to our YouTube channelFollow On Social: LinkedIn, Facebook, Instagram, X(formerly Twitter)Visit our websiteEmail The Cashflow Contractor
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If you’re like most contractors we know, then you started your business because you’re passionate about and great at your craft. You also wanted to be your own boss. Owning a business has a lot of advantages, but also a lot of challenges.
We started this podcast to talk about things that matter to you as an owner, like business fundamentals, sales processes, marketing, leadership, and much more. Armed with knowledge, you’ll be able to reach your goals, whether that’s growth, getting your shop to run without you, or anything in between.