In a 3-hour session co-sponsored by National Pavement Expo, the North American Power Sweeping Association, and Tymco, Ken LaCroix, TrackPoint Business Advisors, Irvine, CA, will help contractors maximize the value of their business by improving daily operations.
Titled “Your Business: Run it Like it was ‘For Sale’,” LaCroix says that whether a company is established, still in the growing stage, or even a startup, it’s essential contractors operate day-to-day as if it is up for sale.
“Why? Because operating your company like you are ready to sell it ensures you are maximizing its value.”
A Vistage International member since 2000, LaCroix has held senior financial and operational positions in manufacturing, specialty retail, electronics and medical device companies. He applies more than 25 years of experience to help companies ranging from $1-25 million in annual revenues.
He will cover five areas that affect the daily success and attractiveness of a company:
- Historical Financials vs. Forward-looking Analysis
- The Trend is Your Friend – Moving Averages
- KPI’s and Dashboards – What Should You Measure?
- Pre-diligence – Preparing for a Sale
- Reporting Options for QuickBooks
“To get the highest value for your business, it should be operating cleanly and profitably, and Ken will show you how to make that happen,” according to the session description. “You already keep track of your financial data in your accounting system – why not put that data to good use? There are nuggets of information that you can use every week, month and quarter and in this session you’ll uncover those nuggets and learn how to use them to your advantage.
“If your skill set is on the street and not in the ledger, this session is all the more important for you and your key managers responsible for departmental and team profitability.”
NAPSA members receive a discount on the session but the 3-hour workshop is open to all attendees. For details on NPE 2019, Feb. 27-March 1 in Nashville, visit www.nationalpavementexpo.com.
