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Contractor Evolution
Breakthrough Academy
254 episodes
3 days ago

Breakthrough Academy presents Contractor Evolution.

In this show we unpack the systems, tactics, and skills you need to take your fast-growing contracting business to the next level.

If you’re here to learn what it takes to scale up, work less, and increase profitability, you’ve come to the right place.

Stay tuned to learn what separates the new breed of contractor from the old school, and welcome to your ultimate guide to the business of contracting.

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All content for Contractor Evolution is the property of Breakthrough Academy and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Breakthrough Academy presents Contractor Evolution.

In this show we unpack the systems, tactics, and skills you need to take your fast-growing contracting business to the next level.

If you’re here to learn what it takes to scale up, work less, and increase profitability, you’ve come to the right place.

Stay tuned to learn what separates the new breed of contractor from the old school, and welcome to your ultimate guide to the business of contracting.

Show more...
Entrepreneurship
Arts,
Education,
Business,
Books,
Self-Improvement
https://is1-ssl.mzstatic.com/image/thumb/Podcasts211/v4/e0/5c/f5/e05cf5f9-f963-c482-1a42-559552fb64c4/mza_2042966220765328270.jpeg/600x600bb.jpg
253. Cash Flow Q&A: Learn to Predict Your Profit in 2026 - Danny Kerr
Contractor Evolution
13 minutes 46 seconds
1 week ago
253. Cash Flow Q&A: Learn to Predict Your Profit in 2026 - Danny Kerr

On January 14, attend our free web class to discover the 6 proven processes to streamline operations and elevate your role from day-to-day tasks to strategic leadership. Register now here: https://trybta.com/CE-CGM-JA14


To learn more about Breakthrough Academy, click here: https://trybta.com/EP253


Check out our industry benchmarks and find out what your profit margins should be: https://www.btacademy.com/blog/profit-margin-benchmarks-for-contractors


Are you constantly stressed about cash flow heading into 2026? You’re not alone.


Our research shows:


👉45% of contractors don’t have any financial plan beyond paying bills and sending invoices.

👉50% of contractors hit cash crunches due to unforeseen circumstances

👉30% of contractors describe their cash flow as “unpredictable.”


In this Contractor Evolution episode, we’re answering common questions from contractors about cash flow, just in time for 2026 – so you can stay cash positive, pay yourself consistently, and actually crush your goals instead of feeling like you’re drowning under 2 inches of water.


We cover:


⬆️How to improve your cash flow (so you can have fewer painful conversations with your accountant)

📋How to build an annual budget for your construction or home services business

📊What job costing is and how it has the potential to completely change your business’ financial wellbeing

🤔How to figure out if you can afford to hire someone new (or if you’ll just have to awkwardly lay them off down the road)

💲AND what your profit margins should look like in 2026


More videos to help you fix your finances and take control of your profit:

💰3 Ways to Control Profit and STOP Confusing Your Finances: https://youtu.be/Qbm9yRBYgRk

🛑STOP Losing Money on Jobs (Job Costing 101): https://youtu.be/nCzP0B2u4BM

🔻Why Most Entrepreneurs Stay Broke - Garrett Gunderson: https://youtu.be/-Xx2LKkKEI8


👇 Your turn:


What’s the #1 cash flow or budgeting question you want answered before 2026 kicks off? Drop it in the comments – I read every single one.


00:00-Intro

01:13-How do I improve my cash flow for 2026?

04:47-How do you go about making an annual budget?

07:26-What is job costing? Do I need to do it?

09:17-How do I get customers to pay me on time?

10:28-How do I know if I can afford a new hire?

12:10-What should my profit margins be

Contractor Evolution

Breakthrough Academy presents Contractor Evolution.

In this show we unpack the systems, tactics, and skills you need to take your fast-growing contracting business to the next level.

If you’re here to learn what it takes to scale up, work less, and increase profitability, you’ve come to the right place.

Stay tuned to learn what separates the new breed of contractor from the old school, and welcome to your ultimate guide to the business of contracting.