Following a disruptive year featuring construction starts and stops, material shortages and rising prices, there’s no doubt that those in the trades are champing at the bit to take a much-needed break this holiday season....
Founder
Think of your business as a bucket with holes in it. Money earned from jobs fills the bucket up, while various running costs create holes that let your hard earned profit escape....
Founder
Here at Fergus, we are big fans of taking all the steps we can to increase efficiency. Our supplier integrations are another way to streamline your workflow by connecting to your trade and material suppliers, this means less time on paperwork and more time for you....
Customer Success Specialist
When work is a bit slow and you’ve got a few slow-paying customers to boot, one surefire way to keep cash flow healthy is by charging deposits....
Founder
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....
Founder
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....
Founder
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....
Founder
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!...
Founder
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....
Founder
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
Implementing processes and procedures that your team have to stick to for quality control or H&S is absolutely critical to running successful trades businesses at scale, but it’s not a good use of anyone’s time constantly supervising team members day after day to make sure work is up to standard....
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....
Trade Software Expert
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
Setting up software shouldn't be hard, we make it a walk in the park.
