In this episode of the Prime Resources podcast, Todd Neely, head coach at BDR, discusses the importance of using data to make informed business decisions. He emphasizes the need for contractors to understand key metrics such as breakeven points, leading indicators, and financial benchmarks. Todd shares strategies for tracking data effectively, the significance of timely financial statements, and how to use data to celebrate team successes. He also highlights the importance of transparency in sharing data with team members to foster engagement and drive results.

• 00:00 Introduction to Data-Driven Decisions
• 01:36 Understanding Key Metrics for Beginners
• 04:25 Advanced Data Points for Successful Contractors
• 09:45 Frequency of Data Review
• 12:50 Benchmarking for Success
• 16:27 The Role of Profit and Loss Statements
• 20:57 Data Strategies for Business Expansion
• 27:06 Success Stories and Pitfalls in Data Usage
• 31:45 Final Thoughts on Data Transparency and Team Engagement

In this episode of BDR's Prime Resources Podcast, Lead Accounting Coach Lauren Woodward discusses the Profit and Loss by Job report in QuickBooks®. She explains its significance in job costing, performance indicators, and real-time insights for contractors.

Follow along as the conversation covers accessing the report, the differences between QuickBooks® Desktop and Online, and best practices for reviewing the report.

Listen as Lauren emphasizes the importance of having an accounting coach to help implement and utilize this powerful tool effectively.

• 00:00 Introduction
• 02:06 Overview of the Profit & Loss by Job Report
• 03:24 Benefits of Using The Report
• 05:32 Reporting and Prime Performance Indicators
• 10:05 Accessing the Report in QuickBooks®
• 13:26 Incorporating into the Month-End Process
• 15:50 Who Should Be Involved in Reviewing Reports
• 17:08 Common Pitfalls and Best Practices
• 19:57 Final Thoughts and Implementation Tips

In this episode of the Prime Resources Podcast, BXB's Media Placement Strategist, Deb Thompson, discusses how to build and execute a multi-channel marketing strategy. She emphasizes integrating various marketing channels, understanding target audiences, and setting clear objectives. Deb shares insights on the different marketing channels, the significance of consistent messaging, and the need for a well-structured lead capture system. Don't miss this insightful conversation if you want to enhance your marketing and drive better results! Time Stamps: 00:00 Intro and Background 02:50 What is a Multi-Channel Marketing Strategy? 06:40 Overview of Different Marketing Channels 09:10 The Importance of Understanding Your Objective 11:30 Using Multi-Channel Marketing in Recruiting 14:20 Identifying Your Target Audience for Multi-Channel 19:00 How to Tie Audiences to Strategies and Channels 25:00 Keys to Success in Multi-Channel Marketing 31:10 How to Approach ROI with Multi-Channel 34:20 Pitfalls to Be Aware Of 36:40 Final Thoughts