Put simply: businesses fail because most small business owners lack basic commercial management skills, whether it be financial know-how, sales and marketing techniques, dealing with subcontractor problems and awareness of regulatory and legal frameworks.
Moreover, estimates are that only 3 to 5 percent of Australian small businesses starting from scratch prepare a business plan – that is, assess in a methodological way whether or not their business idea is feasible and then put in place a formal plan to operate that business. The reality a lot of business owners spent more time planning their wedding or their 40th than they did planning their business… Don’t let this be you.
You can avoid all those common pitfalls. In fact, you’re in the enviable position of being able to set up your business right, right from the start. All it requires is the following:
Our process is streamlined and works likes magic
Covering everything from sales and marketing techniques to how to stay on top of your accounting and read your financial statements to managing a team, we give you all the basic business knowledge and skills required to be successful in a construction business.
We help you to develop a solid and detailed business plan with practical steps that you can start implementing straight away.
As the saying goes, cash is king, and nowhere is this truer than when starting up a business. We focus on starting to get sales and generate cash as quickly as possible and work with you on managing your working capital and cash flow ups and downs.
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