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August 8, 2022 26 mins

The Prosperity Report – This episode's guest is Warren Hennagin CPA, MST, CCIFP, CGMA a Partner at Marcum LLP Hosted by your Chief Prosperity Officer® Mark Chandik.

Topics Discussed

0:00 FDP The Prosperity Project Intro 

2:25 Do Contractors Need A Very Detailed Financial Statement for Bonding? 

3:29 Looking at Cash Flow, Cash is King?

5:11 What Should Contractors be Aware of When Working in Different Jurisdictions?

6:03 What is the Secret Sauce of a Successful Contractor?

7:57 New Ways Contractors are Finding Good Employees

9:09 What New Tax Credits Should Contractors Know?

15:10 What Are the Different Accounting Methods a Contractor Uses

19:23 Working with Union vs Non-Union Contractors

Prosperity is more than a number. It's the power to shape what's possible - for you, your family, and your heirs. Here you'll find ideas for building wealth, safeguarding it, and translating it into true prosperity with insights from actual business owners and financial professionals.

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The Video and Audio Content has been made available for informational and educational purposes only. It is not intended to supply specific tax, legal or investment advice or to be a substitute for professional advice or guidance. Always seek the advice of a qualified registered representative, investment advisor representative, accountant, or attorney with any questions you may have regarding your specific circumstances. 

Investment Advisory Services offered through FDP Wealth Management, LLC, a state Registered Investment Advisor and Valmark Advisers, Inc. a SEC Registered Investment Advisor. Securities offered through Valmark Securities, Inc., Member FINRA/SIPC. FDP Wealth Management LLC is a separate entity from Valmark Securities, Inc. and Valmark Advisers, Inc. Insurance License 0675533/0H92100

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