Estimating83Percent

Estimating how long a job will take: Why 83 percent get it wrong

How often have you quoted a job but ended up losing on it because the hours blew out? It happens to everyone once in a while… but get this wrong too often and you won’t be very profitable.   Even the big players in our industry get this wrong more than they’d like to admit… Fletchers got in trouble last …

Award Winning Buildings

The technology behind award-winning buildings

Turanga, the new Christchurch Central Library, won the over $50 million category.   Building twice holds the secret to creating better buildings – a method demonstrated by the winners of Registered Master Builders inaugural BIM (Building Information Modelling) Innovation Awards.    BIM technology was used by all entrants to model the projects in the virtual world, before the physical building …

Tool Protect

Tradies fighting back thanks to Tool Protect

Tool theft is a growing problem in New Zealand, with equipment often stolen from the back of utes, cars and even construction sites.   The impact of such crimes isn’t limited to cost of replacement — it can also mean jobs need to be cancelled until new equipment is purchased, impacting livelihoods. Claiming on insurance can be a lengthy process …

PayingMoneyUpfront

Paying money up front – the risks and the safeguards

Commerical lawyer, Geoff Hardy Payments in advance (otherwise known as deposits or down-payments) are common in the construction industry. Sometimes they are needed because building materials have to be ordered and the supplier insists on some kind of payment up front. Sometimes the builder has to do a lot of preparatory work like pricing, design, or consent applications, and he …

D&HSteelConstruction

A continuing trend of excellence

  D&H Steel Construction’s ability to deliver exceptional workmanship has again received the highest praise  at arguably the most prestigious event in the steel construction industry. The company was just awarded the 2019 SCNZ Supreme Award for Excellence in Steel Construction for its stunningly successful work on the AIAL International Departures Terminal redevelopment. As impressive as this sounds, D&H Steel …

Fiveways

Five ways to protect your reputation as you grow

Daniel Fitzpatrick, business coach at Next Level Tradie. You’ve built up a good reputation. You don’t want to lose it. But to achieve good strong profits for the long haul, you need to grow. Win bigger and better projects. Be able to command higher prices. Unfortunately, as you grow, it can be hard to keep control. If staff are messing …

Risk Allocation

Risk allocation in construction contracts

  By Marcus Beveridge and Tina Hwang from Queen City Law   Risk allocation is a pivotal point in negotiating construction contracts and all parties approach this with centrifugal force and persistent attempts to drive risk away from oneself. There are several parties involved in the successful completion of a construction contract including the principal developer, contractor, project manager, engineer …

diversity and inclusion

The benefits of diversity and inclusion

By Colleen Jones, director of Jones Consultancy Have you noticed that diversity and inclusion has become a more common topic in business conversation lately? Increasingly organisations are responding to the call to recognise workplace inequities and address the biases – both conscious and unconscious – that we all hold.   Many larger firms have implemented formal policies to provide information …

Getting Paid

GETTING PAID: Nine ways to load the odds in your favour

by Daniel Fitzpatrick, business coach at Next Level Tradie. Its 3am. Luke can’t sleep. Why? His biggest customer owes him just shy of $50,000. And he’s worried they’re not going to pay.  It’s been eight weeks now… and they’ve missed two progress payments. “It’s coming” they say, “once we get paid, we can pay you”.   This is causing some …

Asbestos

Is asbestos going to be the new leaky home syndrome?

by Commerical lawyer, Geoff Hardy Asbestos is a nasty substance, which is mined from rock-forming minerals, and contains fibres with little hooks in them that once in your lungs, never get out.   They can cause serious diseases such as cancer that don’t become evident until 10-40 years later. It was widely used from the 1940s to the 1990s (and …