Financial Management for Residential Builders

Students will learn to interpret core financial statements , apply construction-specific bookkeeping and job costing practices, navigate the construction loan and draw process, manage construction business cash flow and profitability, and identify the financial mismanagement behaviors that trigger LARA disciplinary action.

Dennis Clarke

Residential Builder

Jen Watkins

Instructional Designer

Content Outline

Course Overview

What You'll Learn

Highlights

Initial self assessment
Videos and transcript versions of each lesson
Unlimited quizzes

Features

Instant online course access
Self-paced study on your schedule
Excellent technical and instructor support

Curriculum

Course Content

Master construction finance, cash flow, job costing, and LARA compliance to protect your business.

Module 1: Business Financial Fundamental

Reading Financial Statements as a Builder

30 min.

Chart of Accounts and Bookkeeping for Construction

30 min.

Module 2: Construction Financing and Draw Schedules

How Construction Loans Work

30 min.

Managing Draw Schedules, Retainage, and Cash Flow

30 min.

Protecting Yourself When Financing Falls Through

15 min.

Module 3: Tax Obligations for Contractors

Business Entity Types and Tax Implications

30 min.

Self-Employment Tax, Quarterly Estimates, and Payroll Basics

30 min.

Module 4: Cash Flow and Profitability

Billing Cycles, Overage Management, and Avoiding Cash Crunches

30 min.

Overhead Recovery, Markup vs. Margin, and Break-Even Analysis

30 min.

Module 5: Financial Practices and License Protection

How Financial Mismanagement Triggers LARA Action

30 min.

Pricing

Start Learning Today

Get full access to all course content and resources

Complete Course Access

4 hours of online instruction
Module quizzes to gauge your progress
Certificate upon successful completion

One-time payment

$89.00

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