Building Profit and Wealth
Here’s why you come to Building Profit and Wealth:
“Before I heard of you I used every other formula in the world, including Richard Harshaw and Harlan Krepcik, then you came along and I use your stuff. And thanks to you I started making money.
– Jeff Crumine, San Antonio, TX
“KeeAnn (ACCA San Antonio Executive Director), I wanted to take a moment to let you know how today's training went with Ruth King. I have been to hundreds of financial training classes over all my years in the industry. I consider myself as a better than average financial person and ........I learned more today than I have in all the other classes put together.
I don't think others felt this was going to be much of a class. They couldn't have been more wrong. Please pass this on to the Chapter, if you see fit, so that others won't make the mistake that I almost made by not going to this class next time she is here. I too didn't think it was going to be much and decided to go anyway and boy am I glad I did. This class WILL help small one man businesses as well as bigger 100+ man shops. Everyone would benefit from this class.
I left the class and came straight to the office so I could start implementing some of the things I learned today. Being able to better understand numbers can only make everyone more profitable. Ruth King is amazing.Thanks for bringing her to our City.”
-Tom Damiani, Comfort Design, San Antonio, TX
“When I went to your first class, we had no kpi's and we had 500 service agreements and were doing ok but struggling to pay bills. Today, we have 3,365 service agreements and we track them constantly. Our sales have increased over $1,000,000 per year and our profits have increased from 2% to 13%. I just wanted to let you know we appreciate all you taught us. Thank you!
– Kenny Wardlaw, Cool Care, Inc. , Columbia, SC
Building Profit and Wealth is two days of on-site training. Day one focuses on building profit. Day two focuses on building wealth. At the end of the two days, you should understand how to read your financial statements, how to analyze them, and how to build wealth through cash and maintenance programs.
The most successful contractors use these five templates every day, every week, and every month. They know their numbers and you can too…when you implement what you learn in class.
Getting and staying profitable…and thus building wealth can be accomplished in less than 30 minutes a month. When you implement what you learn in class you can achieve greater profits, more cash flow, more wealth, and have a more solid business.
You receive my Financial Review Package (normally $985) with the five templates you need to confidently review and take action based on your findings.
Building Profit and Wealth Agenda
Overview of the two days – building profit is on the P&L; building wealth is on the balance sheet
Pricing by the 1-Gross Margin method can put you out of business
Net Profit Per Hour pricing – service, maintenance, replacements
Accounting Definitions
Balance Sheets basics
Profit and Loss statements
Seven Deadly Sins of Financial Statements
Where to look for Gross Margin Inconsistencies
Ruth’s Rules
Departmentalization/Break even analysis
Overhead Cost Per Hour
Short Term Benchmarking – Financial Ratios You Must Track
Maintenance plans – the key to building long term wealth
Long Term Benchmarking – Trailing Financial Data
Your Financial Review Package (including all excel spread sheets)
Weekly Cash Flow Reports
Cash Procedures
Wrap up.
When is Building Profit and Wealth School?
April 20th-21st, 2023 in Atlanta, GA
Enrollment in class is $1,997.
If, after the first day, you think this program is not valuable to you, let us know and we will cheerfully refund your money.
No hassles!
Click below to enroll now. Or call 877-520-4321 (770-729-0258).
I look forward to helping you increase the profitability of your installation department and being the installation manager that installers/mechanics brag about working for.
Ruth King
Profit & Wealth Guru