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Stesso

Assess Current Business Model and Financials

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His MISTAKES cost his Construction company BIG $$$$ pt1

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What happens here

The first crucial step is to thoroughly analyze the existing business model and financial performance. This involves examining past projects, identifying revenue streams, and understanding all associated costs. Gabe's initial business model involved high-end custom work, generating $1.4 million in sales but yielding only a 7.5% net profit. This detailed assessment, particularly focusing on gross sales and net profit margins, is essential to pinpoint inefficiencies and understand if the business is merely "moving money" rather than accumulating substantial profit.

Goal: Understand the current financial health and operational efficiency of the business.

Tools and materials

  • Financial Reports N/A — For reviewing sales, expenses, and profit margins
  • QuickBooks QuickBooks — To access and analyze historical financial data

What they say

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okay so ten years is a GC in Maui and you've completely transformed the way you operate your business if I understand this correctly yes this is an amazing story you guys so you did 776 thousands what you've got written down there's two you left from 1.4 million done a 776 thousand but your net went from 7% over to over 12% yeah so in reality you're handling half the work and in the actual hard core numbers your

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