Early warning signs of insolvency risk in your building business
Insolvency rarely arrives without warning. The trick is knowing which signals matter, and reading them in your own books as well as in the businesses you deal with.
10 min read
Topic
Risk
Articles and news about Risk for Australian builders.
Early warning signs of insolvency risk in your building business
Insolvency rarely arrives without warning. The trick is knowing which signals matter, and reading them in your own books as well as in the businesses you deal with.
10 min read
Handling a difficult client without losing the job: escalation and exit options
Every difficult client starts as a normal one. The job is won or lost in how you recognise escalation, use the contract, and choose between holding the job and exiting it cleanly.
12 min read
How many jobs a builder can run at once is set by supervision time, not turnover
Most builders work out how many jobs they can run by looking at turnover, head count or the size of the pipeline. The binding constraint is usually none of those. It is the number of hours of supervision you can actually put on site in a week.
12 min read
Provisional sums and prime cost items: pricing what the client has not chosen yet
The two allowances that cause most of the arguments at the end of a job. What each one is actually for, how to set them so the adjustment does not turn into a dispute, and how to explain the difference to a client before they pick the tapware.
11 min read
Working alone on a residential site: the tasks that should never be done solo
On small jobs the lone worker is usually the person who owns the job, which is why nobody plans for it. Here is how to decide which tasks need a second person, and how to make a check-in system that actually works.
12 min read