Boosting financial growth in your construction business, with Dominic Rubino

Comments? Suggestions? Text the show here! Transforming your construction business can be a challenging yet rewarding process.Is it time to scale up? Well, you've got customers to deal with, suppliers to find, building codes to follow, and a team to keep on point. All these moving parts directly affect your finances. Things can get chaotic fast, and if you neglect any of these areas, it can really hurt your financial stability and growth.So, how do you keep everything on track in your construction business? What areas should you focus on to boost your finances? And what strategies can you implement to make sure all parts of your operations align with your financial goals?In this episode, Dominic Rubino and I discuss strategies to elevate your construction business, from specific operational improvements you can make and the financial planning and analysis you need to support your expansion goals.Dominic is a construction business coach and host of the podcasts  “Profit Tool Belt”  and “Cabinet Maker Profit System”. He is also a serial entrepreneur, a proud husband and father, and a horrible fly fisherman. In both shows, Dominic shares lessons, tips, and tricks from thought leaders in the construction industry. With Dominic, you’ll get reality, not theory. He uses real -life stories and colorful anecdotes that help you see what the next level looks like and know how to get there. He’s been a business coach for over 23 years and an Entrepreneur for 25. Over the years he’s had companies in Construction Trades, Contracting, Mail Order, Pharmaceuticals, Real Estate, & Business Coaching. His commitment to you is that you’ll learn more in this interview than most businesspeople do in a year. And he wants you to go and apply it!We discuss: (timestamps) 02:22 Common problems in construction businesses before coaching03:26 Key issues for construction businesses aiming to grow04:39 The benefits of having the right team07:46 How changing your mindset can drive growth08:52 Real-life construction case study example16:25 Business alignment & focus24:29 Addressing operational problems in construction25:52 Implementing time tracking for better planning29:53 Explaining new processes to your construction team31:18 Actionable steps to boost construction business growthResources:Dominic Rubino, Construction Business Coach and Podcast Host, BizStratPlan Profit Tool Belthttps://profittoolbelt.com/https://cabinetmakerprofitsystem.com/LinkedIn: https://www.linkedin.com/in/dominicrubino/Facebook: https://www.facebook.com/ProfitToolBeltYoutube: https://www.youtube.com/channel/UCKVBkA9GmALX_J7W3iGIy6gPodcast: https://profittoolbelt.com/podcast-dom/Podcast:https://cabinetmakerprofitsystem.com/podcast/Kathy Svetina, Fractional CFO:https://www.newcastlefinance.us/Blog post | Boosting Financial Growth in Your Construction Businesshttps://www.newcastlefinance.us/listen/boosting-financial-growth-in-your-construction-business/Is your growth causing financial headaches? Sales up, but profits lagging? Financial practices stuck in entry level mode?Don't worry, it's not you—it's your financial setup.Introducing NextGen Finance Blueprint by NewCastle Finance. This CFO-led roadmap: • Brings fuzzy finances into focus • Gives you a clear money picture • Creates a step-by-step action planReady to level up? Visit newcastle.finance/blueprint