Construction Company Business Essentials

There are the business lessons you weren’t taught in trade school but need to know if you want your construction company to succeed.

You’ll leave this course with an understanding of how to improve the management and business systems in your company, including business planning, marketing, operations, HR management, financial reporting, bonding and insurance and risk management.  

Topics:

• Importance of a business plan and how to prepare one
• Participants within the construction industry – their roles, responsibilities and limitations
• Benefits of a participatory management culture
• Marketing plans
• Human resource management plans
• Employment cycle/process
• Employee performance evaluation system
• Staff morale and engagement
• Operational planning for construction companies
• Financial plan, budgets, ratios and break-even analysis
• Importance of financial internal controls
• Developing benchmarks and key performance indicators
• Bonding and insurance for small construction companies
• Risk management tools to identify and mitigate risk

 This is a two-day in-class course, plus an optional online component to be completed after the classroom study. The online component will include some research, reading, and answering questions (7-8 hours). This optional component is a useful exercise to help you implement new strategies and systems into your business and receive one-on-one coaching from the instructor.

Ideal for key decision makers of all small-to-medium sized construction companies (recently formed or established) with a willingness to grow but just not sure how to get there, including general contractors, trade contractors and manufacturers. 

Tim Williams, President, BGC Partners Inc.

Tim Williams MBA, B.Econ., CPA, GSC, is the President of BGC Partners Inc. Tim has worked with numerous construction companies for over twenty years and earned his Gold Seal certification as a project manager. He is an experienced and sought-after trainer who has trained construction owners and managers on behalf of construction industry associations across Western Canada.