Profitable Contracting
Gold Seal: 2 Credits * BC Housing: 7 CPD Points
Description
Course Overview:
This Gold Seal Accredited course is designed specifically for construction professionals looking to overcome the industry's most difficult financial and operational challenges. In just two half-day sessions, you'll learn practical, proven strategies to cut unnecessary costs, improve cash flow and boost overall profitability. You’ll also learn how to address common issues such as labour shortages, excessive overhead and over-budget projects.
Experience an interactive, hands-on course that goes beyond traditional lectures. Learn through real examples, group discussions and collaborative exercises – all designed to help you boost profitability, reduce costs and improve cash flow.
Profitability Tools
In construction, simply completing projects isn’t enough—profitability, efficiency, and financial control are critical for long-term success. Backed by over 35 years of industry and management experience, this course equips you with the tools to:
· Master Financial Management – build a base of construction-specific financial reports.
· Control Costs – cut waste, lower overhead, and improve labor efficiency.
· Improve Cash Flow – navigate cash shortages and strengthen liquidity.
· Increase Profitability – enhance cost controls, planning, and reporting accuracy.
· Enable Growth – build a strong financial foundation for sustainable growth.
· Control Risks with proven strategies – review bonding and insurance types.
· Protect & Optimize company assets – how internal controls prevent against fraud.
· Solve Skilled Labour Shortages – explore inclusive and strategic hiring practices.
· Eliminate Productivity Gaps – understand direct, indirect, and opportunity costs.
· Define Project Managers’ Roles - identify performance goals.
· Reduce overhead & Safeguard Financial Health: learn cost-control techniques.
Delivery Method: Virtual Session – Zoom Platform
Course Fee Includes: Access to the course, course materials, and a digital certificate upon completion.
This course is delivered in partnership with local and provincial construction associations across Canada. You will be participating with a group of industry peers from multiple regions.
Sharing a single registration between two or more individuals is not permitted. Please register each person that will be in attendance.
Prerequisites
There are no prerequisites to this course.
Who Should Attend
· Contractors and sub-trades in all fields of construction—generals, HVAC, electrical, plumbing, sheet metal, roofers and more.
· Aspiring business owners looking to turn their skills into a profitable, sustainable business.
· Experienced contractors who want to increase profitability, streamline operations, and grow their business.
· Gold Seal candidates will be awarded 2 credits.
Whether you work on-site or in the office, this course will enhance your leadership liabilities.
Technical Requirements
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Computer or laptop
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This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content (slides or videos), and interacting via typing with questions or responses. For this reason, cellphones may not be adequate.
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Windows 10 or Mac iOS.
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Webcam (Mandatory)– in order to engage and collaborate, participants will be expected to have their webcams on for the duration of the class
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Microphone (Mandatory)
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Internet connection- For best results, you will want to ensure you have an internet connection with an upload/download speed of 3-5 Mbps. You can test your internet speed here. The minimum recommended speed is 1.5 Mbps, but anything below 3 Mbps may result in loss of quality or buffering. Ideally hardwired connection versus wireless for stability - connect your computer directly to your router using an ethernet cable, rather than using your home wi-fi.
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A quiet space with minimal distractions –The microphone will be engaged for interactive sessions. Please plan to be fully engaged in the class and clear your work schedule just as you would for the in-class program.
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Comfortable chair
Course Credit Information
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The course is eligible for 2 CCA Gold Seal education credits and 7 BC Housing CPD credits upon completion.
Registrants seeking BC Housing CPD credits for this course must complete all course components before a certificate showing BC Housing CPD credits earned will be issued.
Registrants seeking gold seal credits for this course will be required to complete an assessment during the course to qualify to have the gold seal credit endorsement appear on their certificate of completion.