Profitable Contracting

This Gold Seal Accredited course is designed specifically for construction professionals looking to overcome the industry's most difficult financial and operational challenges. In just two half-day sessions, you'll learn practical, proven strategies to cut unnecessary costs, improve cash flow and boost overall profitability. You’ll also learn how to address common issues such as labour shortages, excessive overhead and over-budget projects.

Experience an interactive, hands-on course that goes beyond traditional lectures. Learn through real examples, group discussions and collaborative exercises – all designed to help you boost profitability, reduce costs and improve cash flow.

Profitability Tools

In construction, simply completing projects isn’t enough—profitability, efficiency, and financial control are critical for long-term success. Backed by over 35 years of industry and management experience, this course equips you with the tools to:

• Master Financial Management – build a base of construction-specific financial reports.
• Control Costs – cut waste, lower overhead, and improve labor efficiency.
• Improve Cash Flow – navigate cash shortages and strengthen liquidity.
• Increase Profitability – enhance cost controls, planning, and reporting accuracy.
• Enable Growth – build a strong financial foundation for sustainable growth.
• Control Risks with proven strategies – review bonding and insurance types.
• Protect & Optimize company assets – how internal controls prevent against fraud.
• Solve Skilled Labour Shortages – explore inclusive and strategic hiring practices.
• Eliminate Productivity Gaps – understand direct, indirect, and opportunity costs.
• Define Project Managers’ Roles:  identify performance goals.
• Reduce overhead & Safeguard Financial Health: learn cost-control techniques.

Who Benefits by Attending?

• Contractors and sub-trades in all fields of construction—generals, HVAC, electrical, plumbing, sheet metal, roofers and more.
• Aspiring business owners looking to turn their skills into a profitable, sustainable business.
• Experienced contractors who want to increase profitability, streamline operations, and grow their business.
• Gold Seal candidates will be awarded 2 credits.

Whether you work on-site or in the office, this course will enhance your leadership liabilities.

Industry Credits  

• This course is worth 2 gold seal credit.
• This course is worth 7 Informal Continuing Professional Development (CPD) credits as approved by BC Housing.

Course Format

• Live, Online, Instructor-led training. This is a highly interactive course facilitated by the instructor on a video platform.
• You will be expected to have your webcam on during the whole class and participate in break-out rooms, small-group discussions, and other activities with your instructor and classmates during the course.
• Course access information will be provided to you in advance of the training by your instructor
• Full attendance and participation in all sessions is mandatory for course completion. If a student misses a class session, we are unable to transfer registration or provide a partial refund of the registration fees.

Course Requirements (Technology & Participation)

This course requires full face-to-face interaction and participation from both the instructor and students. In order to attend, you’ll must make sure you have the following:

• Computer or laptop with webcam (webcams are mandatory): This course will involve 100% on-screen interaction with your instructor and classmates, reading/viewing on-screen content like slides or videos, and interacting via typing with questions or responses. For this reason, you must have a webcam and use a full computer/laptop, and we do not permit students to attend using a tablet or cell phone.
• A quiet space with minimal distractions: Please plan to be fully engaged in the class, and clear your work schedule just as you would for attendance in an in-class program.

Refunds or Transfers: 

• Five (5) or more business days before the course start date: Full refund of registration fees or can be transfers to a different course date.
• Less than five (5) business days before the course start date and course no-shows: No refunds or transfers to future course dates.
• For a complete document on the NRCA Education Policies, click here. 

Other Policies

• Substitution of another member of your company/team is permitted up to the course start date for no additional fee.
• Unless otherwise stated, every person able to see, hear, and observe the virtual course sessions must be a paid participant. Non-compliance of this requirement will result in removal from the course. Refunds will not be issued to students who are removed from the course for non-compliance of this requirement.
• If the NRCA has to postpone or cancel courses due to insufficient enrolment, NRCA will refund the registration fee or, if possible, the attendee may choose to move to an identical session in the future.