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Operating a construction business in a declining market

The Boom Times   There are countess stories at Sunday barbeques with people complaining about being unable to find good trades available. Bad news for customers. Good news for trades business owners, their business have been booming with plenty of work and healthy margins.   Take Peter and Brett. They’re running a successful plumbing business… Continue reading Operating a construction business in a declining market

Operating a Construction Business in a Declining Market

The Boom Times There are countless stories at Sunday barbecues with people complaining about being unable to find good trades available. Bad news for customers. Good news for trades business owners; their business has been booming with plenty of work and healthy margins.   Take Peter and Brett. They’re running a successful plumbing business which… Continue reading Operating a Construction Business in a Declining Market

Improving Business Profits using the CLEAR Method

Are you paying yourself $2500 per week and making a 10% profit?    If not, read on. Over the past two decades, I helped hundreds of businesses overcome financial challenges. As their trusted advisor, I saw that many of the challenges were identical and these could be grouped according to their stage in the business… Continue reading Improving Business Profits using the CLEAR Method

How to fix the 3 BIGGEST mistakes made when estimating!

Don’t let rookie financial mistakes derail your construction business. After a decade of experience with small builders and construction companies, I have pinpointed the top three financial miscalculations that can cause them to lose money on their projects – plus two things you can do to avoid them! Construction projects are a huge undertaking, and… Continue reading How to fix the 3 BIGGEST mistakes made when estimating!

Why I created the Financial Visibility Scorecard for trades and construction businesses

THE TRADES BUSINESS FINANCIAL CONUNDRUM AND WHY A SCORECARD CAN HELP I have been working with trades and construction businesses, as their accountant and CFO for over 15 years. The story seen time and time again is a simple one, plenty of work terrible cashflow. These cashflow problems started gradually. When you started the business,… Continue reading Why I created the Financial Visibility Scorecard for trades and construction businesses

How to Maximise Profit from Contract Variations in Your Construction Projects

If you are a contractor or project manager, you may not know how to make money from client variations in construction projects. If contract variations are not managed properly, each time you are requested to quote a variation, your business is likely to be losing money, because: Because the variation is affecting the production schedule,… Continue reading How to Maximise Profit from Contract Variations in Your Construction Projects