Financials Articles

4 min read

The 5 Stages Of Decline For A Building Company

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 ...
3 min read

The Problem With Non-Construction Accountants

95% of accountants in Australia do not understand how to prepare financial statements for a construction company… However, it’s not entirely their fault… ...
4 min read

Why Large Building Companies Are Failing…While Small Building Companies Are Thriving!

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 ...
4 min read

How Much Cash Does A Building Company Need?

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? ...
3 min read

Australian Budget 2022: Tax Benefit For Builders

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. ...
4 min read

Why Inflation Will Destroy Your Net Profit In 2022 Unless You Do This One Thing

We’ve been hearing some pretty lame excuses from governments around the world in 2021 who have been trying to convince us that inflation is ‘transitory’ ...
6 min read

How To Fix Your Fixed Expenses

Are you drawing a market salary from your building company either weekly or monthly?
4 min read

How Builders Can Predict Boom Times And Avoid Getting Caught Out By The Recessions That Always Follow

When the Global Financial Crisis (GFC) hit in 2008, it was the third major collapse I had experienced since leaving school and entering the workforce.
4 min read

5 Tips To Improve The Accuracy Of Your Estimates

Estimating residential construction projects is a combination of art and science. That is to say, estimating is not just about the numbers on a computer ...
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