Financial Management Secrets for Construction! Construction Champions Podcast 2-29 Kathy Svetina

In this episode of the Construction Champions podcast, host Ron Nussbaum welcomes guest Kathy Svetina, a fractional CFO for growing businesses. They discuss the importance of a work in progress report in the construction industry and its impact on financial operations and profitability. About Kathy Kathy Svetina helps small businesses with $3M+ in annual revenue build financially healthy and sustainable businesses. She is the founder of NewCastle Finance, a company offering Fractional CFO services to growing small businesses. For nearly fourteen years, she did senior-level financial planning and analysis for Fortune 500 companies. She saw firsthand how big companies use financial information to drive their business forward and she shows small businesses how they can use those same strategies to create thriving businesses. She’s also the host of the Help, My Business Is Growing Podcast and in her free time loves touring castles, which inspired her business name. Kathy's links https://newcastle.finance/constructionchampions www.newcastlefinance.us 🔗 Important Links: Podcast Website: https://www.buildercoms.com/constructionchampionspodcast Connect with our Industry First Partners: For CRM Solutions: BUILD12 https://www.build12.com/constructionchampions?am_id=ron625 For Picture, Video, Document, and Communication Management: BuilderComs https://www.buildercoms.com/ For Team Growth: Contractor Staffing Source The Contractor Consultants - https://www.thecontractorconsultants.com/ Join our community: Facebook Group https://www.facebook.com/groups/957628795429538 00:00 Burning the House Down with Construction Champions on the Podcast 00:17 Unveiling the Secrets of Being a Construction Champion with Fractional CFO Kathy Svetina 04:06 Unlocking Business Success: The Power of Forecasting and Work in Progress Reports 08:05 Mastering Financial Forecasting in the Construction Industry 14:07 Avoiding Financial Pitfalls in Construction Remodeling Projects 18:04 Navigating Financial Challenges in Construction Business: The Importance of Work in Progress Reporting 21:46 Get Control of Your Construction Finances: Tips from Finance Expert Kathy Keywords Construction Industry Construction Management Construction Projects Building and Construction Construction Technology (ConTech) Residential Construction Commercial Construction Construction Leadership Project Management Team Building in Construction Leadership Skills Construction Business Management Effective Communication in Construction Career Development in Construction Skills Training in Construction Professional Growth in Construction Work-Life Balance in Construction Construction Champions Podcast Ron Nussbaum Interviews Construction Insights Construction Stories Construction Networking Construction Community Join Construction Discussion Construction Advice and Tips