Articles by Russ Stephens

3 min read

The Rise of 'Zombie Companies'

How the COVID-19 Pandemic and Government Policies are Impacting the Construction Industry in Australia.
3 min read

Should You Use Fixed Price Or Open Book/Cost Plus Contracts?

The explosion in the cost of construction materials has caught out a lot of building companies using fixed price contracts that have no rise & fall or ...
3 min read

Building Company Reclaims $50,000 In Taxes!

Four years ago Rob & Amy Burton, co-owners of Ramton Homes, were facing three major challenges in their residential building company.
5 min read

The Data Is In: SORCI 2023 Report Reveals State Of The Industry

A brand new industry report has just been released by the Association of Professional Builders (APB) after surveying 1,000+ residential home builders.
3 min read

How To Manage Cashflow In Your Building Company

Managing cashflow in the building industry can be tricky business. Although cashflow principles are very similar between industries, the difference lies ...
3 min read

How Builders Can Prepare For La Nina

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 ...
3 min read

How Does Your Building Company Compare?

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 ...
4 min read

How To Add A Net Margin To Your Projects Rather Than A Gross Margin

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 ...
4 min read

How To Calculate The True Break-Even Point For Every Project Before You Quote A Price

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 ...