[Pre-Registration] Financial Planning & Management (HCRA-Approved)

Course Description

Successfully operating a home building business is not a simple task. It can be easy to get lost in the everyday activities and put financial planning on the back burner, but it’s important to know that this aspect of your business is essential and vital to maintain the health of your business. Financial planning and management will help you make more money. It enables you to cut costs. It helps you set and achieve short-term and long-term goals. That’s just some of the things that financial planning and management will do for you.

Course Objectives

By the end of this course, you should be able to:
  • Explain the difference between bookkeeping and accounting
  • Describe basic accounting terminology
  • Understand record keeping responsibilities
  • Explain overhead costs
  • Understand the users of financial information
  • Explain basic elements of an income statement and balance sheet
  • Describe financial planning
  • Describe a business plan
  • Explain the relationship between the business plan and financial planning
  • Describe financial projections
  • Explain the purpose of proforma financial statements
  • Describe financial statements
  • Explain the purpose of a cash flow statement
  • Explain and calculate breakeven analysis
  • Describe common pricing strategies
  • Describe factors to consider for pricing
  • Explain the difference between margins and markups
  • Apply margins and markups
  • Explain benchmarking
  • Identify types of construction financing
  • Describe credit arrangements
  • Describe collateral security requirements
  • Describe a PO system
  • Explain the controls for extras and changes
  • Explain the purpose of internal controls
  • Describe internal control procedures

When and Where

Date(s): TBD

Length: 3 half-days (exam included)

Where: The Thornhill Club

Price: TBD

Textbook: Accounting and Financial Management for Residential Construction, 5th edition by the National Association of Home Builders
(must be purchased separately)

If you have any questions, please contact training@buildability.ca.

Additional Information

This course takes place over three half days.

The course uses the textbook Accounting and Financial Management for Residential Construction, 5th edition by the National Association of Home Builders which must be purchased separately. An eBook is available from Amazon (Kindle) and a print copy is available at Chapters/Indigo.

The course fee includes participant materials and the final exam.

Group rates are available for 6 or more. Please email to set up a group rate.

If you have any questions, please contact training@buildability.ca.

About the Speaker

Eddy Aceti, CPA CGA BA LPA
Aceti Falcone LLP

Eddy has over 20 years of accounting experience the majority of which was served in public accounting. Eddy’s industry expertise includes construction, medical and other professional services, manufacturing, finance and mineral exploration. In addition to being a licensed public accountant in Ontario, Eddy is a Certified Acceptance Agent listed with the Internal Revenue Service (IRS).

Eddy is the lead audit partner of Aceti Falcone LLP. Outside of the firm Eddy has volunteered his time as a member of the finance committee for the ALS Society of Ontario.


This is part of the new Tarion Education Criteria as of September 1, 2015 for new applicants proposing to build residential freehold and low-rise condominium under Part 9 of the Ontario Building Code.   For more information on what competencies you need to meet, please visit “Tarion’s Getting Registered Page“.

Please note: This is a technical workshop intended for persons wishing to become a Tarion registered homebuilder. buildABILITY reserves the right to limit registration to individuals with the necessary demonstrated prerequisite knowledge and expertise.

If you need to cancel yourself from a course and it is:

  • More than 7 days prior to the first day of the course, you will receive a full refund less a $75 + HST administration fee
  • Less than 7 days prior to the first day of the course, you will receive a refund of 50% of your registration fee
  • The day of class and you did not show up, you will be charged a full fee and will not be eligible for a refund

Cancellations must be received by phone or email.

Rescheduling, relocating, or cancelling events is at the discretion of buildABILITY Corporation. Should this happen: we will provide a notice 5 days prior to the seminar, you will not be charged.

[SOLD OUT] Tarion-approved: Construction Technology and Building Science

Course Description

As a participant in this boardroom session, you will study real life examples and will be able to discuss your own experiences and projects in a small group setting. The learning material will be supplemented with various instructional videos customized to the needs of the small group.

Learn about the control of heat loss, air leakage, and moisture movement in buildings and learn how to avoid common defects in construction. You will be introduced to construction technology, building science theory and practice. The course will use the Canadian Homebuilder Association Builders’ Manual as a textbook.

 

Course Objectives

By the end of the workshop you will be able to:
  • Understand Building science that affects building durability and occupant comfort
  • Understand Mechanical systems and integrated mechanical systems
  • Discuss approaches to improving Indoor air quality
  • Explain the “House-as-a-system” concept

 

Discuss Controlling Heat Loss:

  • Describe the heat loss mechanisms through above and below grade assemblies
  • Identify the difference between nominal and effective thermal resistance
  • Find the thermal resistance associated with air films, air spaces and common building materials
  • Calculate conductive heat loss through building assemblies
  • Calculate effective thermal resistance
  • Calculate heat loss through windows and predict condensation potential in a building assembly

 

Discuss Air Leakage and Indoor Air Quality:

  • Identify why controlling air leakage is important in buildings
  • Describe how air moves through an enclosure and the problems it can cause
  • Describe air sealing approaches
  • Identify materials that can be used as a part of an air barrier system

 

Discuss Moisture Control:

  • Identify and understand first and second planes of control
  • Describe drainage planes
  • Provide details for interior and exterior vapour control
  • Provide details for capillary and ground water control, snow and ice control
  • Use psychrometrics to understand air and water vapour mixtures

 

When and Where

Date(s): September 7th, 14th, and 21st, 2018

Length: 3 days (includes exam)

Where: buildABILITY Corporation, 170 Sheppard Avenue East, Suite 202, North York, ON M2N 3A4

Price: $1,199 + HST (includes exam, textbook, breakfast and lunch)

NOTE: This is a private session offering of this course. Space is limited to 8 people!

Course price does not include rewrite fee for Exams. Rewrites for failed exams are $150 + HST per attempt.

Group rates are available for 6 or more. Please email training@buildability.ca to set up a group rate.

If you have any questions, please contact training@buildability.ca.

 

About the Speaker

michael-circle

Michael Lio, P.Eng, M.Eng

buildABILITY Corporation

Michael is a professional engineer who has consulted on projects and publications across North America relating to housing, energy efficiency and sustainability. His studies have supported the development of the Energy Star for New Homes program in Ontario, the EnerGuide Rating System, and the new R-2000 Program. At various times benchmarked the energy efficiency performance and greenhouse gas emissions of new and existing housing in Ontario. He taught sustainable housing in the Architecture Program at Ryerson University for 12 years while for the last 15 years he has taught building science and building technology and ecology at the Daniels Faculty of Architecture at the University of Toronto.

 


This is part of the new Tarion Education Criteria as of September 1, 2015 for new applicants proposing to build residential freehold and low-rise condominium under Part 9 of the Ontario Building Code.   For more information on what competencies you need to meet, please visit “Tarion’s Getting Registered Page“.

Please note: This is a technical workshop intended for persons wishing to become a Tarion registered homebuilder. buildABILITY reserves the right to limit registration to individuals with the necessary demonstrated prerequisite knowledge and expertise.

If you have not cancelled yourself from the seminar within 48 hours or less prior to its commencement and you did not show up, you will be charged a full fee.

If you need to cancel yourself from a seminar and it is 48 hours or less you will be able to send someone else from your organization.

A full refund of the paid amount (less $75 + HST Administration Fee) will be issued for cancellations made up to 48 hours prior to the seminar. (Cancellations must be received by phone or email)

Rescheduling, relocating, or cancelling events is at the discretion of buildABILITY Corporation. Should this happen: we will provide a notice 5 days prior to the seminar, you will not be charged.

[Online Order] This Is Exceptional Customer Service: A Definitive Guidebook for Builders

customer-service-book-image

Did you miss your chance to buy our latest publication – Delivering Exceptional Customer Service: A Definitive Guidebook for Builders?

You can order your copy online!


 

Today, customer service delivery has become the most important factor that contributes to customer satisfaction. Builders are looking for better ways to understand and serve their customers. The objective of this book, published by buildABILITY, is to establish a set of best practices that help builders deliver improved customer satisfaction and achieve desired customer outcomes during the new home buying process.

At the end of this book, you will learn how to explain the most important factors of service excellence and how to implement them in an effective strategy and plan. You will understand how to provide good customer service throughout the home buying process. You will understand the causes of customer dissatisfaction and disputes, and learn how to resolve them effectively. You will be able to navigate through difficult conversations with customers to produce win-win results. You will learn how to manage customer expectations and understand how they can affect customer service.

Regardless if you are a new builder, or an experienced one with a thirst to learn, the theories and techniques divulged in this book will help you understand your customer and deliver exceptional and unforgettable customer service.