- This event has passed.
What If: Fast-Formulas for Profit, Planning, & Production Management
May 11 @ 4:00 pm - 5:00 pm CDT
What if you knew how many employees you needed to get to $2M in revenue?
What if you knew how much you needed to charge per hour to make a 40% margin?
Imagine the power of having a fast-calculator in front of you to help you instantly envision initiatives to add profit to your bottom line.
Tom Droste of Estimate Rocket presents, “What If: Fast-Formulas for Profit Forecasting, Capacity Planning, and Production Management.” In this presentation, Tom introduces a spreadsheet specifically designed to help contractors like you see your top profit structures at-a-glance and allows input of incremental changes in key areas that make big changes in bottom lines. With specifically designed algorithms developed for a 30,000-foot-view, you can play with your numbers and create new outcome-scenarios with a few, simple clicks.
- Envision profit opportunities using pre-programmed algorithms in the “What If” planning spreadsheet, without deep financial analysis.
- Input factors that impact the bottom line, such as hiring, pricing, labor, materials, job details, new positions, marketing, advertising, and technology.
- Reassess “What If” opportunities annually to strengthen goals and make necessary adjustments.
- Utilize the spreadsheet in team vision meetings to gain buy-in and establish direction.