Webinar Series for Small Business Contractors, A/E/P Firms, Material Suppliers

New Webinar Series: Small Business Best Practices

Managing The Profitable Business For DBE-Small Business Contractors,  A/E/P Firms and Material Suppliers

Get hands-on experience, hear from industry experts, and meet your peers in the industry during this virtual learning experience. 

Facilitators:  Victor C. Tyler, P.E.,  Tyler Construction Engineers, P.C.

                        Curtis Webb, Strategic Marketing Consultant

                        Teresa C. Daniel, PHR, SHRM-CP, Human Resource Consultant 

                        Sandra Webb, QuickBooks Pro Advisor

                        Jay B Mercer, EA, QuickBooks Pro-Advisor 

                       Must Register in Advance.

                       20 weeks. 90 minutes per session.

Learn from industry experts as they guide you through the construction industry's business management fundamentals.

This 20-week course will cover the best practices of managing a small business. Perfect for owners and managers of small design or engineering firms, contracting businesses, material suppliers, and business consultants. And, of course, anyone interested in more exposure to the basics of managing a business related to construction. We recommend these courses if you are brand new to construction or have ten years in the industry. 

Attendance for the entire session and active participation for the whole course is essential to success in learning about the business of doing business. 

AGENDA (Subject to change)

Session 1: The 5-Bs of Project-based Business

Facilitator: Victor Tyler, P.E.

Our “5-B’s” Class is an overview of how companies should be able to run their business with clearer visibility and control.  We will review five critical functional business areas; business development, bidding, building, billing, and banking.  We call this process, The 5’Bs of Project-Based Business. 

Session  2: Human Resource Compliance – PART I

Facilitator: Teresa C. Daniel, PHR, SHRM-CP 

Are you ready to set your business in compliance mode? If the answer is yes, please plan to join us to learn how to build the HR Compliance Pillars needed to support your business.

Session  3:  Human Resource Compliance - PART II

Facilitator: Teresa C. Daniel, PHR, SHRM-CP 

This class is continuation of Week #1. Enhance your tool box with techniques, tips, and checklist on how to document policies/ procedures, effectively communicate and proactively engage your employees to ensure compliance with appropriate employment practices. 

Session  4: How To Do Business With TDOT

Moderator: Victor C. Tyler, P.E.

The discussion will be a deep dive into the TDOT Webpages related to Highway Construction Opportunities and Engineering Consultant Announcements.

Session  5: Are You Bidding On The Right Projects? 

Facilitator: Victor C. Tyler, P.E.

Performing a Bid / No-Bid checklist can provide owners an accurate measurement of project risk-based and how well the project matches your firm's experience.

Session  6:  Know Your Financial Pulse: It Could Save Your Company’s Life

This workshop is a must for the non-financial person. Participants will learn to identify basic financial statements, the purpose of each component, and understanding the importance of maintaining complete and accurate financial records. The end objective is to start using financial statements as a MANAGEMENT TOOL to promote strategic planning, profitability, and sustainability.

Session  7: How to Effectively Communicate, Coach And Counsel Company Policies With Difficult Employees

Facilitator: Teresa C. Daniel, PHR, SHRM-CP 

On any given day business owners and managers can spend up to approximately 80% of their time managing and dealing with difficult situations. This workshop will review what business owners and leaders need to know to effectively communicate and create the culture you want for your workplace; including best practice, tools, and techniques. 

Session  8  Financial Analysis & Capacity Building

Facilitator: Jay Mercer, E.A.

To run a profitable business, you must understand the basics of accounting and setting up your financial system. Find out how understanding your accounting system and conducting a few simple financial ratios can increase profitability. 

Session  9: Introduction to Job Cost Accounting Part I

Facilitators: Jay Mercer, E.A.

Job Cost Accounting allows you to track financial details to see what's going on within your jobs! If you can track and measure what's happening, you can better control the profitability of every project.

Session  10: Introduction to Job Cost Accounting Part II

Wednesday, December 13, 2023, 10 am (CT)

This class is continuation of previous Session 9.

Session  11: Ask the Experts Roundtable

Wednesday, December 20, 2023, 10 am (CT)

All Previous Course Facilitators

No agenda; this is an opportunity to say Hello to all the DBE-SS   Subject Mater Experts and talk about whatever you want. We'd love it if you sent questions ahead of time, but we can also handle inquiries on-the-fly. If you don't have any questions, the   Subject Matter Experts will come up with something to discuss.

Session  12: Markup, Overhead & Profit (Bidding)

Wednesday, January 10, 2024, 10 am (CT)

Facilitator: Victor C. Tyler, P.E.

You need to calculate your markup from your company numbers. There is no industry standard for markup or an industry standard for overhead. Every business has different overhead and profit needs, so each business will have its own markup. Learn how your markup is based on the financial numbers of your company.

Session  13: Introduction to Developing Your Indirect Cost Rates for Consultants 

Wednesday, January 17, 2024, 10 am (CT)

Facilitators: Victor Tyler, P.E. , Jay Mercer, E.A.

This class is an introduction to developing and measuring indirect rates for your consultant practice. Indirect rates provides critical insight into a company’s financial operations, especially when doing business with the government. Knowledge and application of indirect rates provides opportunities for growth and insight into job profitability.

Session  14: Your Secret Blueprint to Business Success; Going from Good, To Chosen!

Facilitator: Curtis Webb

Don’t miss this exciting planning session that shows off The Visual Marketing Planner called “19Blocks.” Find out during this session how to create a winning blueprint and add profits to your bottom line!

Session  15:  Crafting Your Blueprint into a One-Page Marketing Plan; Going from Good, To Chosen!  

Facilitator: Curtis Webb

Thoughts, ideas, and concepts only become real when these elements are put to paper. Learn how to use these elements to craft a powerful One-Page Marketing plan! 

Session  16: Dump Truck & Equipment Pricing (Bidding)

Facilitator: Victor C. Tyler, P.E.

Too often, business owners worry about making payroll. One reason this happens is that they don't fully account for the cost of those employees. This same holds true for equipment. To Be profitable All labor and equipment required to build a  job must be included in the estimate before the price is prepared and presented to a client.

Session  17: Pre & Post Award and Contract Close-out Preparation

Facilitator: Victor Tyler / TBD

Post award contract management is a critical process in the contract management cycle that takes place after a contract has been awarded. It involves the optimization and monitoring of contract performance to ensure that contractual obligations are met by both parties within the agreed timeframe and budget.

Session  18:  Small Business Taxes: What to Expect 

Facilitator:  Jay B Mercer, EA, J. Mercer & Associates, Inc.

As a small business owner, it’s important to stay up to date on tax laws. Several changes to the federal tax code will affect small businesses this tax year. 

Session  19:  Proven Steps to Increase Bonding Capacity for Government and Commercial Contracts 

Facilitator:  Chris Smith, Senior Surety Broker & Advisor, Anderson & Catania  

Join us for an informative session with valuable insights into the world of surety bonds. This surety bond presentation is specifically designed to help small business contractors enhance their understanding of crucial topics related to building bonding capacity and establishing strong relationships with surety bond brokers and surety bond companies.

Learning Objectives:

• · Discover the fundamentals of surety bonds and their importance in the construction industry.
• · Learn practical strategies to improve your bonding capacity and increase your chances of securing surety bonds.
• · Understand the role of a surety bond broker and gain tips on how to choose the right broker for your business.
• · Explore best practices for establishing a supportive relationship with a surety bond company.
• · Gain insights into the underwriting process and how to present your business favorably to surety bond underwriters.

Session  20: Wrap Up: Ask the Experts Roundtable

No agenda; this is an opportunity to connect and say Hello to all the Subject Matter Experts and talk about whatever you want. We'd love it if you sent questions ahead of time, but we can also handle inquiries on-the-fly. If you don't have any questions, the   Subject Matter Experts will come up with something to discuss.

If you are interested in additional information on the services offered please get in touch with supportive services toll-free at 1.888.385.9022 or email at info@tyler-engineers.com.