About: Russ Stephens

Profile

The Top 10 Construction Podcasts To Listen To

Builders Self Improvement
  The construction industry is in a constant state of change, and now more than ever in this current economic state, those who want to be in the know ...
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How To Manage Cashflow In Your Building Company

Builders Financials
Managing cashflow in the building industry can be tricky business. Although cashflow principles are very similar between industries, the difference lies ...
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How Builders Can Prepare For La Nina

Builders Financials
We’ve all been hearing some pretty crazy stories about the effects La Nina is having on the economy, especially flooding and the consequences of continual ...
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How Does Your Building Company Compare?

Builders Financials
How does your building company compare to the rest of the industry? Are you adding more or less profit than your competitors? Are you paying yourself a ...
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How To Add A Net Margin To Your Projects Rather Than A Gross Margin

Builders Financials
A lot of residential builders believe that the best way to price a project is by adding a percentage, or even a dollar figure to the total cost of ...
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How To Calculate The True Break-Even Point For Every Project Before You Quote A Price

Builders Financials
A common mistake that is made by builders when pricing a larger than normal project is to reduce the margin percentage after looking at the gross profit ...
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The 2 Figures Inside Your Business Plan That Determine The Price You Need To Charge

Builders Financials
In 2007 I attended an annual conference for a franchised building company. One of the speakers at the conference was a master franchisor from New Zealand ...
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How Much Is A Builder's Margin?

Builders Financials
How much margin should builders be adding to their projects? 15%, 20%...25%? It’s a question that has both divided and confused the industry since the ...
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The Truth Behind Failed Building Companies

Builders Financials
We’d always been baffled by the huge amount of bad debt that racked up by building companies that went into receivership. In theory, if they paid their ...
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The 5 Stages Of Decline For A Building Company

Builders Financials
With 75% of residential building companies operating on net profit margins of less than 3% while dealing with rising construction costs of 25%, it’s no ...
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