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 ...
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 ...
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 ...
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 ...
95% of accountants in Australia do not understand how to prepare financial statements for a construction company… However, it’s not entirely their fault… ...
The recent building company collapses have shattered the myth that the big companies are stronger and more likely to be in a position to ride out the ...
How much working capital do you need to run a building company? How much cash should you hold in reserve? …And can you have too much cash in a business? ...
Builders in Australia that use digital technology are eligible to claim 120% of the amount invested for the next 12 months up to a limit of $100,000. ...
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