Rave Profit Protection Checklist

Profit Protection Protocol

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ravebuild.co.nz

01. True Job Margins

  • Review every active project
  • Budget vs actual costs current
  • Labour hours entered correctly
  • Subbie Bills received & coded
  • Document margin erosion reasons

"Do I know exactly what I'm making today?"

02. Stop Profit Leaks

  • Check unbilled supplier variations
  • Variations invoiced to client
  • Review site changes not priced
  • Material cost increases passed on
  • Quotes reflect current pricing

"Is there finished work I haven't billed?"

03. Work in Progress (WIP)

  • Confirm % complete per project
  • Revenue matches site progress
  • Identify budget blow out risks
  • Identify invoicing impact on cash flow

"Am I over-claimed or under-claimed?"

04. Cash Flow Clarity

  • Review supplier payments
  • Confirm expected client payments
  • Update 90-day cash flow forecast
  • Plan for pipeline slowdowns

"What cash is hitting my account this month?"

05. Cost Control

  • Review outstanding purchase orders
  • Committed costs in forecasts
  • Close completed POs
  • Review subbie claims

06. Compliance

  • GST compliant Invoices
  • Supplier invoices correctly coded
  • GST on progress claims accurate
  • Documentation complete

Final Readiness Test

True Margin Known
Variations Invoiced
WIP Position Accurate
Invoices Up To Date
Cash Flow Realistic
No Hidden Surprises

Rave Build Management | Profit Protection Protocol