If you’re reading this you’re about to experience the satisfaction of using game-changing software for your business. Even some of the best builders have experienced losses during a building or construction project either by miscalculations, omissions or sheer incompetence. However,… Read More
Category: Profitable Business
How to grow your construction business
If you were to ask several different construction business owners: “How would you grow your construction business?” Some will say, “If I want to grow my business I need to win more projects.” But really, what you need to understand is,… Read More
Are you winning too many home building contracts or not enough?
Insight from a builder who needed to ask himself: “Am I winning too many home building contracts?” In August, I was driving to a country town to visit a client for training. With plenty of time to spare, I decided to… Read More
Maximise builder profit margin to be a profitable construction business
Regardless of the size of the construction business, we all face the same issue of getting the balance correct. Maximising the builder profit margin and minimising overheads are key factors to managing a profitable construction business. Furthermore understanding the difference between… Read More
Avoid financial risk in construction industry with these 5 builder tips
As ex-builders (45 years in the building trade) we at Bizprac have made a commitment to our building industry. This commitment is to partner with more builders. Our vision is that our builder partners will use improved processes to make sure… Read More
Construction company accounting procedures that save you money
One of the biggest problems in business today is people are time poor. Consequently, ineffective processes and incompetent construction company accounting procedures can reduce the daily output. Does your typical day at the office sound like this? Arrive around 6.45am… Read More
Run a Successful Construction Company and avoid Financial Ruin
Yesterday the reserve bank announced their decision to cut interest rates again by a quarter of a percent. Today, within the space of 15 minutes, my inbox received notifications from 3 separate regional newspapers. The topic of each article was… Read More
5 Ways to ensure you are maximising your builder’s margin
What would it mean to your business if you had a tool that identified the root cause of why you are not realising your builder’s margin? How valuable would this tool be if it could show, with just the click of… Read More
Variation Order management tips to realise your profit margin
A project variation order that is poorly executed can spell disaster for any project! The client may ask for changes to the build. The builder must first agree to the client’s change request. Once agreed the builder will present the client… Read More