PROFESSIONAL BUILDER SECRETS PODCAST

Episode 230: Are Builders Actually Profitable With Russ Stephens & Sarah Biben

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You can very easily appear profitable on paper, but broke in real life

Professional Builders Secrets brings you an exclusive episode with Russ Stephens, Co-founder of APB, and Sarah Biben, Director of Product Design at Buildertrend. Throughout this episode, Russ and Sarah dive deep into the financial blind spots that are quietly killing builder profitability, and what the most successful builders are doing differently to protect their margins and run cleaner, more profitable companies.

Inside episode 230 you will discover:

Why a busy schedule and healthy bank balance can mask serious financial problems in your building company
What the "construction Ponzi scheme" is and how to make sure you're not caught in it
Why over a third of builders had a discrepancy greater than 10% between their perceived and actual financial performance
How the Work In Progress Accounting Adjustment© can transform the accuracy of your monthly reports
The hidden profit destroyer that most builders completely overlook
And much, much more.

Russ Stephens is a Co-founder of the Association of Professional Builders, a business coaching company dedicated to improving the residential construction industry for both builders and consumers. Russ is a data analysis expert who has introduced data-driven decision making to the residential construction industry. Russ is also a proud member of the Forbes Business Development Council.

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Russ

Sarah Biben is the Director of Product Design at Buildertrend, where she works with builders, product teams, and engineers to design workflows that connect financials with day-to-day project management.

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Sarah