11-10-26 BIA/Metro Continuing Education | 6 Hours

Description

Strategic Financial Management (9:00 AM – 12:00 PM)

Core Topics: 

Module 1: Job Costing, WIP, and True Project Profitability | Establishing accurate direct vs. indirect cost allocation (labor, equipment, overhead). Managing Work-in-Progress (WIP) reports and avoiding over/under-billing traps. Calculating real-time variance between estimates and actuals during construction. 

Module 2: Cash Flow Engineering in a Volatile Market | Navigating draw schedules, retainage, and subcontractor payment cycles. Managing material cost inflation, supply chain lag, and change-order pricing models. Working capital management: Maintaining reserves during slow seasons or project delays. Interactive Element: Exercise on drafting change orders that preserve profit margins.

Capital, Risk, and Long-Term Growth (1:00 PM – 4:00 PM)

Core Topics: 

Module 3: Navigating Commercial Lending, Lines of Credit & Bonding | What lenders look for on builder balance sheets (debt-to-equity, liquidity ratios). Structuring equipment financing, acquisition loans, and revolving lines of credit. Maximizing bonding capacity for larger commercial or municipal projects. Interactive Element: "Banker's Panel" Q&A where facilitators break down mock loan applications. 

Module 4: Tax Strategy, Risk Mitigation & Business Valuation | Key construction tax strategies (completed contract method, Section 179 deductions, R&D credits for energy-efficient builds). Asset protection strategies and structuring entity types (LLC vs. S-Corp/C-Corp). Building business equity for succession planning or future sale. Interactive Element: Open table discussion on business succession and exit strategies.

Taught by Liberty Federal Credit Union

6 Credit Hours for BIA/Louisville Metro Credit - MUST register for full day- cannot split!