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Not seeing a return on all your hard work?

You’ve set up your construction business. You’ve put everything into it. You’ve enjoyed some tidy profits over the months and years, but it’s just not consistent enough. Yes, you’re busy. But you’re worried you’re a busy fool. You need proper money, month in, month out. You don’t want to spend all your time making sure everyone else gets paid, and giving yourself whatever’s left over at the end – assuming there is any…

We get it. It’s a very typical scenario. Something has to give. Something needs to change. Because chances are you could earn more as an employee. On this page we’re going to explore with you all the issues you face and what can be done to turn the ship around. It won’t happen overnight and you’re going to have to be strong. But if you want create a sustainable future, then scroll down the page.

How not to be the 'money's tight' builder

Going from 'money worries' to 'money in the bank'

The 'money's tight' builderThe 'money-making' builder

Why money gets tight

You’ve got work coming in. You just don’t seem to have enough money to show for it. Could be a number of things. Wrong kind of work. Jobs that will never be financially viable. Maybe you’re not costing the work accurately. You’re forgetting to include everything. You’re under-charging materials. You’re not charging for your own time. You’re not charging the customer for their share of your overheads. Perhaps your profit margin is low or non-existent. And all of the above means you’re helping fun the customer’s project. That’s a real kicker. They get the dream extension and you just about break even… Perhaps you’re not managing your jobs well. Inefficiency can very quickly reduce your income. But we can help turn things around. Read on.

How to make money

Look at your overheads. Is everything needed and do you have the best deal? Include all your outgoings in your estimates. Cost everything. All the materials. All the labour. All the hire fees and licences. Wastage. Wear and Tear. Don’t spend more than you quoted. Keep an eye on labour – no shirking! Don’t let the customer fiddle you. Have a contract in place with stage payments. And look at the kind of work you’re doing. Is it profitable? If you can’t put a decent margin on it, is your business really set-up for lots of low-margin work? Rethink your plans. Could you take your business to the next level? If you feel out of your comfort zone outsource more ambitious plans to professional estimators.

What does money-making look like?

Ok so this guy is maybe enjoying his earnings just a little too much. Financial success for a hard-working builder is really all about money in the bank, in the pension fund, in the rainy-day pot… Financial success is quoting accurately and following through on those numbers when the job is won. The materials ordered early on. The best price achieved. Everyone knowing what’s expected of them. Everything running to time – or as a good as – there are always unknowns. So there’s a buffer for that. And a decent profit margin. Want more of that? Discover how…

Business Building Software Free Tools

Which building software will help me?

Hand-picked selection of key products and services that will help you nail finances and stay in the black.

PlansXpress

PlansXpress is building design software for drawing 2D plans, elevations and amazing 3D models. Easy to use and perfect for houses, extensions, lofts and domestic work.

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estimatorxpress

EstimatorXpress

This industry-leading estimating software does the leg work for you. Give it a few instructions and it will take it from there. Saves you huge amounts of time. No brainer.

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Buildprojex

BuildProjex

Our first cloud-based software tool. It manages your jobs with task lists, calendars, build programmes. And gives you an overview of all the jobs side by side. Life has just got easier.

Learn more

Skills Bootcamps

Free government-funded courses that give you the inside track on running a business and what it takes to be successful – in just 60 hours! Next courses start in September.

Learn more

Free Tools, Articles and Downloads

Hand-picked selection of products and resources to help you make the money you deserve.

How to nail finances

Money this way

Free ROI Calculator

Use this calculator

Free Overheads Template

Learn how

20-point Action Plan

Your Action Plan

Price & Profit Masterclass

Watch the video

Checklist: Subs Vs Perp

Your Checklist

Risks of not investing in software

Why not invest

How to Think Bigger to Grow your business

How to think bigger

Support to get off the tools is here.

Running a small business firm isn’t easy. There are many hurdles to success. And some of them, beyond your control, like the economy, can leave you out of jobs and out of pocket.

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