The most important part of cash flow projections are the assumptions that you are going to make.
Depending on your area of responsibility it’s important to question the gross profit projections that your sales people are bringing to you. There is no question for those in that area certainly a little more bullish on what they think they can achieve and the amount of profit that they can bring to the bottom line. An honest conversation needs to be had about what is actually attainable and at what margins. The process starts with a budget and ends up with the cash flow projections.
Agenda
Faculty
Theran J. Welsh, CPA
Playmaker, LLC
- Playmaker, LLC
- Focus is on helping contractors create shareholder value by understanding their cost structure to bid and win profitable work and ensure their tax structure is a model to support a sustainable organization
- He spends time with contractors to identify options for revenue reporting to reduce tax liability and identify industry-specific tax strategies to reduce tax liability, with the end goal of creating shareholder value
- His experience will help executives of construction companies identify the key performance measurements to pursue profitable work to sustain their organization
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