Construction Business Finance, Cash Flow Management & Obligation and Asset Protections
Gain the financial knowledge and tools needed to successfully manage the business side of a construction company. This course covers business entity selection, tax obligations, financial statements, cost analysis, profitability, financial ratios, recordkeeping, and financial planning, with a special emphasis on construction-specific cash flow management. Participants will learn how to understand and use financial information, calculate margins and break-even points, manage project costs, schedule progress payments, improve invoicing practices, and plan cash flow to meet payroll, subcontractor, equipment, and other business obligations. The course is designed to help construction business owners and managers make informed financial decisions and build a stronger, more financially sustainable business.
Instructor: Derk Kapp, V.P. of Business Development, Corporate Capital Inc.
Utah Lien/ Bond Laws & Construction Contracts
This class provides an overview of the law as it pertains to insurance and how to manage risk in the most economical manner through contracts. It specifically focuses on legal requirements and how to comply with state and federal laws. This course is an overview of Utah State lien and bond law, and the most recent changes. It addresses how to properly file with the SCR to maintain lien rights. It provides a detailed overview of important deadlines and filing processes.
Instructor: Cody W. Wilson, Babcock Scott & Babcok, P.C.