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ℹ ABOUT THIS EPISODE

Most contractors are flying blind, relying on gut feel and looking backward at old numbers. Wade and Stephen dive into Financial Planning & Analysis (FP&A) - your business headlights that help you see the road ahead instead of crashing.
Learn how to build forward-looking dashboards that track cash flow, crew capacity, equipment utilization, and pipeline health. Discover why construction businesses need different metrics than other industries and how FP&A can strengthen your bonding program.

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⌚️ Key moments in this episode:

  • 00:32 What is FP&A?
  • 00:50 The Importance of Financial Dashboards
  • 01:45 Real-Time Data and Predictive Analysis
  • 02:18 Traditional vs. Modern Dashboards
  • 03:03 Holistic Business Operations
  • 04:04 The Role of Cash Flow and HR
  • 06:00 Sales, Marketing, and Business Development
  • 08:51 Operations and Equipment Utilization
  • 10:48 IT Systems and Automation
  • 12:16 Procurement and Supply Chain Management
  • 13:04 Unique Challenges in Construction
  • 16:27 Key Takeaways and Conclusion

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

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239 episodes