Profitable Contracting

Are you interested in controlling and reducing expenses, increasing cash flow, and improving profits? Profitable Contracting covers the essentials of operations and finance for contractors.

In this one-day interactive session, you will discover how to recognize problem projects, identify unwanted expenses, increase productivity, and manage overhead expenses – all of which result in a more profitable company.



  • Learn best methods to increase profits, improve cash flow, and enhance productivity
  • Provide operating personnel the systems to manage their expenses and profits
  • Reinforce the steps that make effective job costing a critical project management tool
  • Discuss proven and effective human resource practices that increase employee productivity
  • Prepare cash flow estimates for major projects and the entire company
  • Understand the need for timely financial reports and their use in improving profits
  • Find strategies to improve AR collections
  • Learn to manage overhead expenses


This course is ideal for… Owners, project managers and coordinators, estimators, project leaders, accountants and anyone who can influence profits.




1 Gold Seal Credit


Facilitator: Wayne Newell, Wayne Newell Management & Seminar Services

For the past 35 years, Wayne has served in senior financial roles with companies in Canada, the United States and the Caribbean. By sharing his experiences and expertise with many companies,


Wayne has helped owners, managers and employees build successful construction businesses. His Gold Seal approved, Profitable Contracting six-hour course discusses specific techniques, methods and strategies used by contracting companies to increase profits and improve cash flows. His Gold Seal approved Finance and Accounting for Non-Financial Managers two day course, developed specifically for non-financial managers in the construction industry, guides project managers, project coordinators, estimators, field superintendents, owners and senior managers through the financial and measurement techniques needed to manage contracting businesses. Both courses have been presented in most major Canadian cities since 2003.

His construction management experiences focused on guiding small, medium and large contractors; no matter the size of the company, he mentored owners, managers and employees on how best to perform and lead their companies. They learned ways to save money and time…leading to improved cash flow, reduced costs and higher profits.

  • March 5, 2019
    8:30 am - 4:00 pm
Price Qty
Attendees (WCA Member)show details + $200.00 (CAD)*  
Attendees (Non-Member)show details + $275.00 (CAD)*  

* price includes taxes

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Venue:   Winnipeg Construction Association - Burnell Room

1447 Waverley St., Winnipeg, Manitoba, Canada, R3T 0P7