BEECONomics

beeconomics

/bee-kon-omm-ix/

noun - the field of knowledge encompassing financial, chronological and physical efficiency in construction

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What is the most common issue with every build?

Sorting the variations out; finding common ground between you and your building contractor. 

Over the next few weeks I will do some short blog posts on different scenarios relating to variation claims and payment and m...

If your contracting business has been struggling to make ends meet and having troubles with cash flow, the natural reaction is to try to create more income to fix the problem.


This sounds good in principle, but there’s a hitch...


The ‘obvious’ way to create more income...

Raising staff delegation levels can boost their confidence and productivity. Also freeing up your time to concentrate on your high value tasks.

Staff that have a prescribed set of guidelines and procedures to work within are able to handle higher levels of responsibilit...

WATCH OUT! IT'S A TRAP!

I've met hundreds of sub-contractors in my time in the construction industry, and I'm near certain I could count on my left hand how many have not had cash flow issues at some stage... sound familiar? 

It's an amazing world we live in - You slog i...


I’ve been on countless building sites where something hasn’t been completed on time, correctly or has ultimately failed. When questioned by a client the contractor or sub-contractor exclaims ‘bloody apprentice’ or ‘it’s hard to get good help’... something along these...

So you've got three quotes... 

Builder A : $350,000 - preferred builder

Builder B : $367,000 - recommended builder

Builder C : $325,000 - A random from the internet

They all look OK...

They all seem to include the things you asked for...

Read on...

Builder C is $25,000 cheape...

The one biggest item most people will buy in their life is their home. Some buy land and build, or some purchase an existing house with the plan to renovate.

You cannot be expected to know how the building process works, and you shouldn't be expected to!

While it is beco...

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