9. 10 KPIs For A Building Company With Erik Cofield

In episode nine of the Professional Builders Secrets podcast, our host, Bosco Anthony is joined by one of the executive business coaches at APB, Erik Cofield. Throughout this episode, Erik shares the 10 key performance indicators (KPIs) that every building company should be measuring. Erik is a strong believer in education and believes that knowledge delivered objectively is what has helped him to resonate with hundreds of builders in over two decades in this industry. Erik joined the APB team to help transform the residential construction industry and reach more professional builders in North America and around the world. In this episode, Erik discusses why it’s so important for builders to set and monitor KPIs in their building company’s. He also reveals the most important numbers you need to ensure you’re across in order to grow your building company. Tune in to the full episode now to hear about the importance of setting goals and KPIs and how monitoring the 10 critical KPIs can help builders scale their business safely and securely. . ABOUT ERIK COFIELD Erik Cofield is a Certified Graduate Associate with the National Association of Home Builders (NAHB) and a senior level business strategist, manager and revenue generator. He has provided management consulting services for custom home builders and remodelers of all sizes throughout his career. Connect with Erik: inkedin.com/in/erikcofield TIMELINE 1:09 Erik’s background. 7:22 What Erik loves about the residential construction industry. 8:46 Should you set goals and KPIs?  12:22 How Erik helps his client’s transform their businesses. 16:00 Why it’s critical to monitor your KPIs.  20:20 The 10 KPIs you MUST understand and monitor.  29:40 How financial awareness helps builders succeed.  31:48 The impact coaching can have on your financials. 37:25 The three risks limiting builders' success.  42:08 Preparing builders for the future.  LINKS, RESOURCES & MORE APB Website: associationofprofessionalbuilders.com APB on Instagram: instagram.com/apbbuilders/ APB on Facebook: facebook.com/associationofprofessionalbuilders APB on YouTube: youtube.com/c/associationofprofessionalbuilders Join the Professional Builders Secrets Facebook group for builders & connect with professional builders world-wide: facebook.com/groups/builderssecrets