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, more jobs do not necessarily equate to bigger business.

Knowledge is Power!

The knowledge of the HOW to make your construction business grow becomes the power of HOW it happens. Things to consider;

Who is your target market and what are they looking for?

What product or services are they looking for?
How do you attract your target market?

Having the right tool to do a job, is something that you, as a builder would understand. Running an efficient and cost effective business is no different. It is all about having the best tool for the job. The correct tool for the optimisation of your business is software. Fully integrated (industry specific) software will provide your business with the financial insight to make the best decisions to grow your business, based on the profit and overrun trends of completed projects.

Analyse, to understand how to grow your construction business

Understand the size and type of projects you want to undertake.
How many staff would you need for these projects?
What is the quality of your business processes?

Use the correct software to acquaint yourself with your target market trends. In doing so, you will also learn what size and type of projects provide you with the best return on investment of your resources. In addition, fully integrated (industry specific) software is a tool which will automate processes. It will also provide consistency in the quality of the process. Staff training is also simplified when quality processes are in place, therefore increasing staff retention.

Adjust your business plan

Adjust your business plan once you have done the investigation into how to grow your construction business. Now is the time to create a business plan if you didn’t already have one. Seek advice from your accountant on the financial viability of your ideas. Knowing your project profit margins will help here.

As a builder, you understand how to build a house but may not know how to build a business and scale it to the next level. Embrace technology and all other tools which can add value to your business plan. Furthermore, if you feel out of your depth, contract a mentor or business advisor who knows how to help you achieve your desired outcome.

Knowing how to grow your construction business is a combination of things. Know your weaknesses and then surround yourself with specialists who can compliment your strength. Empower yourself with software such as Bizprac which allows you to imbibe quality processes. In addition, it allows you to realise the required profit margins to maintain your business financial viability.

Testimonials

“We needed to find a program that had comprehensive job costing & accounting features, attached to a powerful but easy to use estimating program. We tried at least 3 other of the leading program brands and found Bizprac to be by far the most user friendly, without compromising critical features or functionality. Bizprac allows us to keep track of the ongoing jobs and keep’s our job claims up to date. Bizprac has allowed us to spend much more time onsite doing the job and way less time on the computer.

Whenever we need help Bizprac support staff are friendly and easy to contact. Also when we suggest new features or changes to the program, they are reviewed and added if other customers have the same request. So the combination of Bizprac’s feature-set, ease of use, and readily available support, meant going with Bizprac was a no brainer.”

Peter Ceccato
Ceccato Builders

“At our previous employer, a large building company, we became familiar with the functionality of a large construction software product from Sage. So when we went to the market to look for software, our aim was to find similar functionality at a fraction of the price. We knew it was a tall order. The only product that provided the full functionality was Bizprac. Bizprac was built by builders for builders and this was evident to us when we reviewed the product. We were very impressed with the value for money that Bizprac provided and now that we have started to use it, we’re also impressed with the support and ease of use. We’re very happy with Bizprac!”

Rafal Zuliamis
Lares Homes

“Being a builder and owning our own business, it is critical for us to have a building software package that can assist me to maximise all areas of efficiency in the business. The Bizprac system allows us as a business to manage the building and construction side as well as maintaining an up to date record of how we are tracking financially. Having a system that works well with us allows us to deliver high-quality service to our customers and suppliers at a competitive rate. we are equally impressed with the team from Bizprac administration and help desk who are always able to assist us with any inquiries or further training to maximise our program use.”

Peter Casey
Casey Builders

“I’ve been using Bizprac for 20 years. I like it because it’s easy to use and I can cost jobs easily. I went on holidays for seven months and, using Bizprac, I was able to run the business remotely”

Peter Roy
Additional Concepts

How to grow your construction business

Knowledge is Power!

Who is your target market and what are they looking for?

Analyse, to understand how to grow your construction business

Adjust your business plan

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