Financial Initial Assessment:
Are you taking advantage of the discounts available to you? Have you set up your projects correctly? Are you working efficiently?
Before we start analyzing your projects, we will conduct an initial assessment to understand if you’ve set your business up efficiently and are taking advantage of all the discounts, you’re eligible for.
Monthly Reporting:
What are your best months and what are the worst? When do you need to add resources and when should you scale back?
We’ll provide you with reports to show you the status of your projects, whether you’re tracking under budget or going over to help you course correct during the project and also, to ensure you’re applying the learnings to future projects with similar scope.
Track Your Profitability:
How much should you charge? Are you pricing your services competitively and reaching your optimal profit margin? Are your projects taking too long, your sub-contractors charging too much or your out-of-pocket costs climbing?
Send us your information for each project, regardless of what tool you’re currently using to track them, and we’ll perform an analysis to measure your profitability.We’ll be able to identify if your projects are profitable, if you’re making an adequate profit margin and if you’re optimizing your efforts.
Other Benefits:
- Projections for your business’ financial success are important for lenders. Having these numbers crunched goes a long way towards securing potential loans, grants, and funding.
- Should you hire more subcontractors? Expand your business? Cut back on your costs? Knowing your costs and their impact on revenue is key—and will be highlighted in our financial analysis.
- Is your business in a good place to mitigate potential risks? What can you safely project for future earnings? Our reports will help you plan for the future.
Why GC Reno:
As an entrepreneur growing up in a family in the renovation business, I’ve seen how much time clients require and how projects blend into one another. I’ve been a CPA, CA and CFA for over 10 years, working with start-ups all the way to multi-national public traded companies. In the past few years I’ve started leveraging that expertise by launching GC Reno and advising contractors how to maximize their profits to ensure their hard work pays off.
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