Builder and Tradies recipe to thriving in a downturn

January 31, 2024

Every business needs a job management system. This is even more important for builders or tradies who have projects spanning over a number of months as well as having other smaller jobs. Rather than turning down the smaller jobs, if you use a job management system, those smaller jobs can be scheduled as fill in jobs while you await other contractors for the bigger projects. Not only will you be able to optimise yourself and your staffs workload, but you can also predict when work is due to run short to give you time to make decisions to forward plan.


Buildertrend is a system that provides many benefits for the business owner as well as the customer.



If you are a builder or tradie who's feeling the pinch of a slowing market, don't panic - there are ways to keep your business thriving:


What are your best projects?


Think about which types of projects bring you the most profit. Can you offer more services around those projects or to those clients? Focus on the work that gives you the best returns and expand your skills and offerings in that area.


What about public sector work?


Government and local council work is always available, even when the economy is struggling. Look for opportunities to work with these clients and impress them with your quality and reliability. They may not pay top dollar, but they have steady work, deep pockets, and they won't go bust.


What about high-end projects?


Another group of clients with deep pockets are those who build bespoke homes and commercial buildings. They want the best products and services, and they're willing to pay for them. They may cut back on some extras in a recession, but they'll still spend big to achieve their dream designs.


How can you save money?


Look for ways to cut costs - streamline your systems and processes to save time and money wherever you can. For example, one industry source said they use cheap mobile tablets to speed up onsite decision making, according to Westpac's recent report on the sector.


Are you looking for ways to boost your income and cut your expenses?


We have a lot of experience working with builders, tradies and construction companies – we understand the challenges you face in your industry. We can help you review your accounts and find new opportunities to increase your revenue and lower your costs, so you can grow your business and stay ahead of the competition.


What are you worried about? Reach out to us by phone, email or text. We are here to help.


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