About this episode

Steve Coughran discusses the importance of the WIP schedule in understanding a business's financial health.

How much cash is hiding in your business? See if you qualify for a Free Financial Health Check Financial Intelligence Toolkit Most specialty contractors either do not have a WIP schedule or do not treat it with the attention it deserves. And if your WIP is wrong, Steve will tell you straight: your financials are wrong too. In this episode he breaks down exactly what the WIP schedule is tracking, why billings are not the same thing as revenue, and how to use it to catch problems on...

People in this episode

Host: Steve Coughran

Topics covered

• WIP schedule
• financial health
• cash flow
• specialty contractors
• financial intelligence
• revenue recognition

Keywords

• WIP schedule
• financial health check
• cash flow
• billings
• revenue
• specialty contractors
• financial intelligence toolkit

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