What It's About:
As home builders, it is important to have knowledge of the key financial ratios that banks, sureties and vendors look at to measure your company’s financial condition, activities and risks. Learning the key ratios, and how they are calculated are a must for being in business. Companies need a tool to assist them in tracking and comparing how they match up to their peers and the industry. Learn to define what metrics, or “hot buttons”, are important to manage your performance against that of your peers.
What You'll Learn:
Learn what key ratios your stakeholders are interested in and what you can do to improve them.
Identify problem areas within your financials so you can proactively make improvements.
Measure your company's strengths/weaknesses and activities/risks with various ratio analyses.
Determine key metrics, and and learn how to prepare and review a dashboard or Key Performance Indicators (KPI) with employees to better manage your business.
How to Attend:
Participants must be registered for a full registration package or a 1-day education with expo pass package valid for the day of the session they wish to attend. Seating for Building Knowledge sessions will be on a first-come, first-served basis.
NAHB - 1.00 CE hour(s), NKBA - 0.1 CEU(s)