Financials Articles

Financials Operations 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.

Financials 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 ...

Financials 3 min read

Why Accountants Are To Blame For Building Company Collapses

We should probably start off by saying we are not anti-accountants... In fact, some of our best friends are accountants!

Financials 1 min read

Why New Home Builders Are Paying Too Much Tax

In March 2011 I received a phone call from a custom home builder who was beyond desperate…

Financials 3 min read

5 KPIs Every Builder Must Know

There are five key numbers (Key Performance Indicators or KPIs) in a residential building company's financials that you must be completely across on a ...

Financials 4 min read

How To Take Control Of Your Building Company

You know how frustrating it is when your financial reports never seem to make any sense?

Financials 4 min read

How Work In Progress Can Destroy Building Companies

You know how confusing it is when you look at the profit in your accounts each month?

Financials 5 min read

How To Price Contracts Using A Net Margin

Are you tired of working for wages in your building company? Or worse, getting to the end of the job only to find out you’ve lost money?

Financials 2 min read

How To Boost Your Profit On Every Contract You Sign

How gutting is it when you get to the end of a big project that you’ve spent months working on, only to realise you’ve not made any net profit on the job?

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