Instructor: Leslie Shiner
CEDIA CEU Value: 3.75
Register one week in advance and receive a $50 discount off your registration!
Register Now!
Just because you are a really good electronic systems contractor, that does not mean you are automatically good at running a business. You’ve mastered your craft and now you have staff. As you grow, you must understand how to delegate and spend more energy managing instead of doing the actual work. You must also be able to manage the financial aspects of your company, including the ability to read your financial statements and make future decisions based on past projects. Creating a profitable business means creating a repeatable process. Process makes profit a repeatable event and it is only through good management skills that the process can be created, organized, delegated and followed. This session will help you learn to successfully focus on the business end of your business.
Session Objectives:
- Part 1: Improve your human resource and management skills
a.Learn the secrets to finding the right people for the right positions
b.Explore interview techniques, personality testing and other strategies to build the right team
c.Define your goals, your company culture, and your core values to help you find the right people for your own company
d.Learn the 7 steps to successful delegation for better management
- Part 2: Improve your financial skills
a.Understand key accounting terms and principles, such as revenue recognition methods, job costing and job cost analysis, progress billing, overhead and profit, and many more
b.Apply financial management understanding to decisions, projects, staffing, and more within an ESC business
c.Create a dashboard to quickly determine the financial health of your company
- Part 3: Improve your business skills
a.Understand the importance of good management systems, including processes for estimating and sales, production, accounting and analysis
b.Discover ways to implement and use appropriate systems
c.Find out how to generate greater profits—and peace of mind—by utilizing best practices
Cost:
Register 1 week or more in advance and receive $50 off your registration!
Early Bird Rate: $345.00
Regular Rate: $395.00
2009 Dates & Locations:
October 21: Catalog # 22324
ADI – Elk Grove Village, IL
November 5: Catalog # 22325
ADI – Farmers Branch, TX
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ESB076: Managing the Business End of your Electronic Systems Business