The simple approach to managing overheads is to spend as little as possible, to keep net profit as high as it can be. Sounds nice in theory right, but the reality is sometimes you have to spend money to make money....
CEO
In previous posts, I’ve discussed the importance of invoicing daily and putting the right support systems in place to make this your reality. Without doubt, it will have a huge impact on cash flow....
CEO
I’m a big advocate for ordering materials correctly and not overbuying, but I’m also realistic and understand that sometimes it’s not always possible in the real world....
CEO
When a job blows out and goes over budget it’s easy to blame the tradies on site for being lazy, working too slow, or wasting time going back and forth with the office because they don’t understand the job....
CEO
Cash flow is one of the four levers that need to be mastered in order to build a successful high-performing trades business. For something so simple, cash flow is one of the hardest things for many business owners to manage (confession: I was one of them who got it wrong too!...
CEO
Cloud computing has become one of the most popular technologies in the business world. It has allowed small businesses to establish infrastructure with minimal investment in hardware and software....
Straight off the bat, I want to put a real stake in the ground and say a trades business should always work on a gross profit basis, not net profit....
CEO
Credit card payments are a smart Tradie’s most effective cash flow tool. They’re the most effective way to get paid faster and keep your customers happy....
Content Producer
A courtesy call to remind your customers what time you’ll arrive at their front door can be one of the first tasks to go out the window on a busy morning....
Content Producer
Think about this for a second: All the effort trade business owners put into their work, training staff, buying stock and so on basically counts for nothing until the moment you sit down to create an invoice....
Content Producer
Whether you’ve got a team of 5 or 50, organising a trade business ain’t easy. If you’re knee deep in mud or sweating in a roof full of insulation all day the last thing you want to do is come home and bust buttons on a calculator....
Digital Marketing Specialist
It’s not work, it’s a lifestyle. That’s according to plumber and business owner Andrew Smith. He’s two years on from setting up his first business - Watersmith Plumbing and Gas - based in Lower Hutt, New Zealand, and he hasn’t looked back....
Content Producer
Mike Gibson, owner of Northbrook Electrical in Christchurch, has been using Fergus smart job management software since 2015. In that time his business has grown like wildfire....
Content Producer
We know 28 day payment terms are the norm for a lot of trade businesses out there. We get it, the monthly payment cycle is pretty standard for everyone to get paid what they’re owed and pay what they owe....
Product Manager
As any Tradie knows, keeping track of invoices and credits from your suppliers, and matching them to the right job, can be a nightmare....
Product Manager
We’ve said it before - offering credit card payments means you’re going to get paid fast. Really fast. In fact, you’ll get paid four times as fast compared with not offering your customers the option of paying by credit card*....
Product Manager
Setting up software shouldn't be hard, we make it a walk in the park.
