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Construction & Trades: Job Costing and Cash Flow

Get job costing wrong, and you lose money on profitable-looking projects.

📚 8 articles⏱️ ~2 hoursBeginner–Intermediate

About This Learning Path

Construction is project-based, which means lumpy cash flow and the need for careful job costing. You'll learn to track costs per job (materials, labour, subcontractors, overhead allocation), understand labour efficiency (are your team productive or are they wasting time?), and manage variation orders (changes to scope that generate extra revenue). You'll understand working capital forecasting — how cash is tied up in materials before you invoice, and how retention clauses (customer holds back 5-10% until completion) affect your cash position.

Modules (8)

1

What Is Job Costing?

Article from AskBiz Academy

2

What Is Gross Margin?

Article from AskBiz Academy

3

What Is Labour Cost Percentage?

Article from AskBiz Academy

4

What Is Cash Flow Forecasting?

Article from AskBiz Academy

5

What Is Work in Progress (WIP)?

Article from AskBiz Academy

6

What Is Break-Even Analysis?

Article from AskBiz Academy

7

What Is Debtor Days?

Article from AskBiz Academy

8

What Is Retention in Construction?

Article from AskBiz Academy

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