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Contractor Success ForumAuthor: Contractor Success Forum
Tips and advice to run a successful construction business from two long-term industry professionals: Wade Carpenter, a construction CPA, and Stephen Brown, a construction bond agent. Each host has unique, but complementary views and advice from each of their 30 years in the contracting industry. Their goal is to promote healthy, thought-provoking discussions and tips for running a better, more profitable, and successful company. Subscribe for new insights and discussion every week. Visit ContractorSuccessForum.com to view all episodes and find out more. Language: en-us Genres: Business, Entrepreneurship, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Contractor Wake-Up Call: What's Draining Your Revenue?
Episode 254
Monday, 2 February, 2026
Send us a text🔗 LINKSVisit the episode page at for more details and a transcript of the show.Get Profit First for Commercial Construction--OUT NOW!Subscribe to get notified as soon as new episodes go live.ℹ ABOUT THIS EPISODEYou can't fix what you can't see. Most contractors know their overall margin but have no idea which parts of their business actually make money. Wade Carpenter and Stephen Brown break apart the 'green smoothie' of blended P&L statements to reveal hidden profit pockets. Through real case studies, discover how segmentation helped contractors work fewer hours while increasing profit by $80,000-$137,000. Learn why your proudest projects might be killing your business and how to identify your true profit makers.⌚️ Key moments in this episode:00:00 Introduction to Profit Visibility in Construction01:13 Recap of Previous Episodes03:15 Case Study: Commercial vs Residential Profit Margins06:14 Case Study: Electrical Contractor's Profit Analysis09:59 Case Study: Mechanical Contractor's Profit Breakdown14:50 Case Study: Remodeling Group's Financial Insights21:33 Conclusion and Next StepsJoin the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com
