Why WIP reporting is your secret weapon to increased profitability

Episode 228: 

On this episode of “The Building Code,” Zach is flying solo with podcast guest Kathy Svetina, founder of NewCastle Finance. She and her team offer fractional CFO services to help small business owners ensure financial health and sustainability. Kathy has been at the helm of her own business for five years, but before that, she worked for nearly 14 years doing senior-level financial planning and analysis for Fortune 500 companies.

Listen to the full episode to hear from Kathy about why work in progress reporting is critical to the financial success and profitability of construction companies.

 

Check out the link below for Kathy’s WIP reporting resources. You’ll find content for how to build WIP reports, how to use WIP for decision making and how to use WIP to project the future. There’s also a video that explains the difference between a margin and markup.

 

https://newcastlefinance.trumpet.app/live/G5Jm8hhNi4/buildingcode?s=168420

 

Listen to Kathy’s podcast “Help! My Business is Growing” for advice on how to grow your business in a way that’s healthy and sustainable: https://helpmybusinessisgrowing.buzzsprout.com/

 

Learn more about NewCastle Finance and their services by visiting their website: https://www.newcastlefinance.us/

 

Read the shownotes for this episode here:

https://buildertrend.com/podcast/the-building-code/228-kathy-svetina/ 

 

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