--- title: "BAEC Remodel My Business Boot Camp #1, Small Business Finances, 4/3/14" description: Financial Boot Camp for contractors will include simple and successful financial strategies to help construction business owners achieve financial and personal success --- [![Shawn McCadden](https://www.shawnmccadden.com/hs-fs/hub/81069/file-1539748069.jpg)](https://www.shawnmccadden.com/) # BAEC "Remodeling My Business" Spring Boot Camp Session #1, April 3, 2014 ## ******Small Business Finances and Profit Strategies for Non-Accountants****** ### **![Andersen Windows Boot Camp with Shawn McCadden](https://www.shawnmccadden.com/hs-fs/file-271773625-jpg/images/andersen_boot-camp-logo-wr.jpg?width=174&height=135&name=andersen_boot-camp-logo-wr.jpg)** ### **Note: This is Session #1 of a 5-session Educational Boot Camp for Builders, Remodelers, Home Improvement Contractors and Sub Trades ** ** ** ## **Hosted By** **[![BAEC Spring Training Bootcamp](https://www.shawnmccadden.com/hs-fs/file-600836063-jpg/images/baec_logo-wr.jpg?width=198&height=183&name=baec_logo-wr.jpg)](http://www.baec.net/index.php) ** ## **Businesses Investing In This Event And Their Contractor Customers ** | [![Andersen Contractor Rewards](https://www.shawnmccadden.com/hs-fs/file-602994411-jpg/images/contractor_rewards_logo-wr.jpg?width=200&height=74&name=contractor_rewards_logo-wr.jpg)](http://www.andersenwindows.com/for-professionals/contractor-rewards) | [![United Builders Supply](https://www.shawnmccadden.com/hs-fs/file-251247062-jpg/images/ubs_logo-wr.jpg)](http://www.unitedbuilderssupply.com/MainSite/Store1/Content/SiteContent/1/Demo/home.aspx) | [![Andersen Windows Logo](https://www.shawnmccadden.com/hs-fs/file-283975824-jpg/images/andersen_windows_logo-wr.jpg?width=180&height=32&name=andersen_windows_logo-wr.jpg)](http://www.andersenwindows.com/) | | --- | --- | --- | | **![Business financials for contractors](https://www.shawnmccadden.com/hs-fs/file-16115980-jpg/images/profits_ahead-wr.jpg?width=224&height=220&name=profits_ahead-wr.jpg) ** | **Date: Thursday, April 3, 2014 ** **Time: 4:00-6:30 PM** **Location: **Builders Association Learning Lab 20 Hartford Road - Suite 28 Salem, CT 06420**** ****Member Cost: $20/person**** ****Non Member Cost: $30/person******** **** **Includes light refreshments and a great opportunity to network!** **Registration required to attend ** | | --- | --- | > > > **** > > > > > > ### [![Contractor Training Workshop](https://www.shawnmccadden.com/hs-fs/file-16117638-jpg/images/register_today-wr.jpg?width=171&height=41&name=register_today-wr.jpg)](http://events.r20.constantcontact.com/register/event?oeidk=a07e91kyori9d3d5059&llr=midz85bab) > > > > > > **** ## **Small Business Finances and Profit Strategies for Non-Accountants ** ### **A special Spring Training Boot Camp session To help construction business owners survive today and thrive tomorrow. ** ** ** ### **![Contractor Financial System](https://www.shawnmccadden.com/hs-fs/file-16135865-jpg/images/unsure-wr.jpg?width=100&height=149&name=unsure-wr.jpg)Don’t Risk Financial Failure!** - **Is your checkbook balance often lower than you expected?** - **Are you putting your construction business at risk by [guessing at what markup to use?](https://www.shawnmccadden.com/the-design-builders-blog/bid/76906/Don-t-Put-Your-Business-At-Risk-By-Guessing-At-What-Markup-To-Use)**   ### **The Facts:** Eight of every ten high quality remodeling businesses with raving fans for clients fail within the first five years. The **[number one reason contracting businesses fail](https://www.shawnmccadden.com/the-design-builders-blog/bid/82087/The-Most-Common-Reason-Construction-Businesses-Fail)** is due to a lack of available money when they needed it, even if they are operating profitably.  The number two reason is that they do not know the **[costs of being in business](https://www.shawnmccadden.com/the-design-builders-blog/bid/76428/Don-t-Confuse-Bad-Cash-Flow-With-Under-Pricing).** ### [**![Construction financials](https://www.shawnmccadden.com/hs-fs/file-15756694-jpg/images/financial_questions-wr.jpg?width=138&height=110&name=financial_questions-wr.jpg)**](https://www.shawnmccadden.com/the-design-builders-blog/bid/85077/Self-Quiz-To-See-If-A-Properly-Setup-Financial-System-Can-Help-You) ### [**Try this Financial Self Quiz to see if this session can help you**](https://www.shawnmccadden.com/the-design-builders-blog/bid/85077/Self-Quiz-To-See-If-A-Properly-Setup-Financial-System-Can-Help-You) ### **So what do those who want to succeed need to know?  ** Why try to figure this stuff out yourself by attending the “Lumberyard School of Hard Knocks”?  Shawn has already graduated from that institution and he is willing to share some hard earned **lessons from the trenches**!  ### **Join us for a fun and enlightening workshop to find out.  ** Shawn McCadden will share some of the **simple and successful strategies** he has used to help other business owners achieve the **financial and personal success** they deserve.  If **earning and keeping profits** is important to you and your business, you need to attend this down to earth, interactive and easy to follow workshop.  ***“I have been trying to figure out this margin and markup stuff for my whole career.  In five minutes you helped me understand what no one else has for almost 30 years!”***   ### **![Contractor education](https://www.shawnmccadden.com/hs-fs/file-16123182-jpg/images/shawn-with-easel-2.jpg?width=118&height=152&name=shawn-with-easel-2.jpg)By completing this class you will be able to:** > > - Determine the **markup** your business needs to use when pricing projects to ensure your ability to cover project and overhead expenses and **maintain planned net profit**. > > - Understand how to determine your company’s **gross profit margin** requirement and **breakeven point** and how to use both to track your company’s profitability. > > - Understand how **sales volume** and **gross profit margins** are interdependent and what you can do if one or both are falling short as you do business. > > - Know the difference between **cash and accrual accounting** and which one to use for your business. > > - Understand and use a variety of options for better **managing cash flow**. > > - Take advantage of several options and strategies for **smart business growth** and know how business growth can affect **your bottom line**. > > - Identify important financial considerations and available options for making growth happen at your business when the **economy improves** > > - **Make more money** in less time and have way more fun doing so!   ## **Registration is required to attend these Spring Training Boot Camp sessions ** ## **Space is limited!** ## [![Financial system for contractors](https://www.shawnmccadden.com/hs-fs/file-16117579-jpg/images/register_now-wr.jpg)](http://events.r20.constantcontact.com/register/event?oeidk=a07e91kyori9d3d5059&llr=midz85bab) ### Join Shawn McCadden's Mailing List ### "Made things easy and logical to understand." ### "Everything was great." *"Real life scenarios helps. Everything was clear and concise and to the point. It helps greatly that Shawn is teaching from experience. It restructures perspective and thinking. Mechanisms to help better manage a business"* *~Brad Rappeyea Dimensions North LTD. * ### Planning and Event or Convention? Need A Speaker? [![](http://no-cache.hubspot.com/cta/default/81069/8538ecc3-93e4-4539-83da-849ceb425007.png)](http://cta-redirect.hubspot.com/cta/redirect/81069/8538ecc3-93e4-4539-83da-849ceb425007) ### Comments about Shawn's Seminars *"Sales workshop you did last year was excellent.  It helped my sales.  By the way, using your training I learned last year, I'm up to $25,000 annual with Harvey Building Products."*   *"I thought the entire presentation was very well prepared.  I find his manner and speaking skills to be very compelling.  He obviously knows his subject and I appreciate his work.  It's definitely worth your while to spend a couple of hours to learn something and be encouraged."*   *"Dude, you rocked my world yesterday. It's like, "...wow, this man, Shawn, is giving exactly what I need to run my business, how come it took so long to find him...".  I look forward to staying in touch and being part of the world you are out here creating for mankind"  *   *“I’ve heard a lot of positive feedback on your presentation already.  We’ve had a few presentations this year that were good, and a few that were a bit ho-hum, and yours was just what we needed to perk up interest”*   *"Attending your seminar earlier today was like finding the key to a door I've been trying to unlock for a long time... and then having it swing open to reveal a room full of all the tools I need to survive and succeed.  I can't thank you enough"* ### Subscribe to Shawn's Design/Builders Blog