Budget Blueprints Contractors Can Follow
Big News for 2025!
As we kick off the new year, I’m excited to announce that I’m narrowing my focus to work exclusively with construction trade contractors. From plumbers to electricians to HVAC pros, you are the backbone of our communities—and the group I’m most passionate about serving.
Focusing on this niche allows me to tailor my content and services to your unique challenges. Whether it’s cash flow, funding, or forecasting & budgeting, I’ve got you covered.
The Importance of Setting Your 2025 Budget
🚨 Here’s a hard truth: If you don’t set your operating budget in January, you’re flying blind the rest of the year. ✈️
Think about it: if you’re keeping 15 cents of every dollar as profit, the goal is to grow that to 20 or even 25 cents. But you can’t do that without a financial roadmap—a budget.
A budget is your business GPS. It tells you where your money is going and ensures you have the working capital to fund your growth. Even more importantly, if you’re looking for financing from banks or investors, they’ll want to see clear financial statements before they trust you with their money.
But What Happens If You Don’t Budget?
Cash Flow Shortages: Struggling to cover materials, payroll, or unexpected expenses.
Payroll Panic: Stressing over how to pay your team on time.
Stress Overload: Constantly worrying about money instead of focusing on growth.
Funding Denials: Banks or investors turning you down because your financials aren’t clear.
It’s not worth the risk. A budget can help you avoid these pitfalls and set your business up for success.
Remember: every penny counts. Just a 2-5% increase in your Gross Profit Margin can mean tens of thousands added to your bottom line this year. 💡
Case Study: Electrical Trade Contractors
Let me share a quick story about two of my clients—electrical contractors both growing fast, from $3 million to $5 million in revenue. Impressive, right? They’ve got strong revenue growth, a good backlog, and excellent work quality.
But here’s the problem: growth is eating their cash. The 90-120 day cash collection cycle contractors face makes it impossible to keep up. They were underfunded, relying on credit cards and high-interest weekly loans—solutions that only made the problem worse.
Like many contractors, they bootstrapped their way here, which is admirable. But now, they both need between $300K and $500K in permanent working capital, with reasonable interest rates and payments spread over 5-7 years.
When they came to me, they needed help getting their finances in order. Here’s what we did:
Got their bookkeeping in shape.
Built 3-year financial forecasts and compelling business plans.
Prepared loan packages and submitted them to multiple reputable lenders, thanks to my decades of relationships in commercial banking.
Now, they’re in a position to secure the funding they need to grow without sacrificing their cash flow—or their sanity.
Ready to Take the Next Step?
I have 5 slots for January to help trade contractors like you set their financial roadmaps for 2025. Two spots are already taken, so there are only 3 left!
If January’s full, you can secure one of my 5 February spots now. Let’s get your finances sorted, so you can start 2025 strong.
Click [here] to reserve your spot today.
Together, we’ll make 2025 the year your business thrives—not just survives.
Enjoy your weekend,
Patrick
Patrick Shurney, MBA
Founder, 3P Consulting
📞 443.539.6276
🌐 www.3pcllc.com
"Getting Trade Contractors’ Finances Sorted—One Step at a Time, With Expertise You Can Trust."
______________
About Me:
As a veteran in financial coaching with over 30 years of corporate banking experience, my mission is to empower small business owners like you to become numbers confident, optimize cash flow, leverage debt, and pay yourself competitively.
Ready for More?
Here’s how I can help you:
1. Profit Accelerator Program: Master your business numbers in just 30 days, uncovering hidden profits of $25K-$75K+ over the next 3-12 months.
2. Loan Consulting: Need the best rates and terms on your next loan? With 30+ years of banking experience, I’ll make sure you get a deal that works for you.
3. Profit Accelerator Digital Course: Become confident with your numbers, boost cash flow, and learn to pay yourself first in just two hours. This course is designed for busy professionals who want immediate results. ($197)
Ready to take your financial strategy to the next level? Let’s connect and make sure you’re running a thriving business while paying yourself what you’re worth.
