A CCIFP’s Guide to Avoiding the Top 10 Pitfalls in Construction Accounting: Pitfall #8: Mastering Risk Assessment for Sustainable Growth
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Tune in to Construct-ive Conversation's 10-part mini-series, where we’re discussing how you can avoid the top ten pitfalls in construction accounting. In each episode, we dive into a pitfall and discuss ways a CCIFP can help implement solutions. In this episode of Construct-ive Conversations, we explore the critical balance between growth and profitability in the construction industry. Discover why chasing sales volume without prioritizing financial stability can lead to business failure, and learn practical strategies for developing sustainable growth models, implementing data-driven job selection criteria, and establishing key performance indicators that support long-term success. Join us as we uncover how construction businesses can grow smarter, not just bigger.
A Business Advisor for the Construction Industry
Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.
Learn more about Brown Edwards' Construction group.
22 episodes