The financial component to running a successful building company doesn’t come naturally to most builders.
All your jobs could be profitable, however your business could still be losing money. How does that happen? SEE knows that running a building company is hard due to the wide range of areas you need to be on top of, however at SEE we quickly identified 3 major areas where builders go wrong.
These are: marketing, scheduling and instant financial reporting. Having the right strategy, information and management skills to monitor these areas is crucial to your business, and at SEE we have all the systems, reporting and education to manage these areas for you.
A good accountant can help your business to save money and grow, allowing it to run with efficiency, effectiveness and accuracy.
Many accountants can save you money, however do they understand the construction industry and home warranty insurance? Too many builders come to SEE where their accountant has destroyed their business due to not understanding the building industry requirements. Don’t make this mistake.
Our accounting team has extensive knowledge in the industry, and the ins and outs of home warranty and its effect on your business. Plus, we are always pushing limits to save you more money – not just when you decide to call your accountant with a question.
Budgeting is a critical part of any business. At SEE, we review your current business position taking into consideration your financials, resources, goals and business strengths, also considering sustainable growth. We do this by identifying your economies of scale points so we hold our position when we need to. We also assist in growing quickly so we land in the right financial position so overheads match newly-increased revenue position. Too many businesses think bigger is better, however this is quite often not the case.
This analysis allows for better budgeting, sustainable growth for the company and the teams and individuals within your organisation.
Benchmarking is a way of discovering what is the best performance being achieved in the industry. This information can help you to understand your general business position, and identify gaps or excessive costs in your processes, enabling your business to continually improve and maintain a competitive advantage.
SEE Business Solutions remains at the forefront of the latest trends and habits across the building and related industries. We can help you continuously assess your business and find areas of improvement to keep you up to date and competitive within the industry.
Insurance is better to have, and not need, than to need, and not have. Protecting yourself and your business is important to ensure you don’t lose your livelihood to something you could have been covered for.
At SEE Business Solutions, we can provide your full insurance solution, handling all of your insurance needs and making sure you get the best cover for the best price.
Grow your business without increasing your fixed costs. SEE Business Solutions can help you identify waste within your business and look for efficiencies that can reduce costs while still increasing revenue, or more importantly, make sure your revenue targets match your existing overheads.
The assessment of time, inventory, people, mental capacity and technology help find immediate and long term savings across your business. Make sure you are getting the greatest return on your investment and overheads, no matter what size your business is.
Bookkeeping is an essential component of business success. You can simply manage your bookkeeping, or you can make it work for you.
Implementing the right structure, reports and strategies within your bookkeeping is crucial to success because if you cannot measure it, you cannot manage it. Simple things like job costing, budget vs actuals and allocation of overheads to jobs can be difficult for some, however setting this up properly makes all the difference to your business.