2022 was a whirlwind of a year and it’s hard to believe it’s almost over. In the last couple of years, the constant blow after blow to the construction ...
Managing cashflow in the building industry can be tricky business. Although cashflow principles are very similar between industries, the difference lies ...
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 ...
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 ...
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 ...
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