News

Let’s get to the point quickly! You're on the tools all day, working your guts out, but the bank account doesn’t reflect the effort you are putting in. You're not alone. Having worked with thousands on business owners in the trade and construction industry, the stats don’t lie:

• 40% of businesses consistently lose money 
• 30% just break even
• 20% make a small take home profit (less than10%)
• Less than10% make a solid take home profit (greater than10%)

If you’re struggling to find quality team members in your business, you’re not alone. The reality is, the external environment probably won’t change in the short term, yet instead of looking to blame and make excuses for hiring less than the best for your business, ask yourself…what can I be responsible for?

Here are seven of the biggest hiring mistakes we see in the trade and construction industry, along with what you could do instead.

How to Build a Winning Team That Delivers Consistently Profitable Work. Check out the latest article from PROTRADE United written by Jon Mailer. In the trade and construction industry, your team is your business. Tools, process, and vehicles are irrelevant without the right people behind using them. And yet, many business owners still treat hiring as a reactive scramble rather than a long-term game. 

If you're ordering anything custom-branded through Tradie Packs, one of the first things we'll ask for is your logo in vector format. But what exactly does that mean—and why is it so important? A vector format logo is a logo file created using mathematical equations and curves, rather than pixels. This allows the logo to be scaled to any size without losing quality or becoming pixelated. Common vector file formats include .AI, .EPS, .SVG, and .PDF. 

Historically in some sectors within the trade and construction industries, pricing work can be a race to the bottom. Plumbers, electricians, painters, landscapers, and other skilled professionals are stuck in a cycle of providing free quotes, aggressive discounting, and competing on price alone. 

If you want to win more work at higher margins, then keep reading…

It can be challenging to set your business apart, capture clients' attention and secure new opportunities. One powerful tool that can help you showcase your business's unique strengths and win more clients is a well-crafted capability statement.

When you think of your accountant, words like “reliable,” “advisor,” and “expert” may come to mind. After all, your accountant is ideally trained to assist you with managing your financial reporting, ensure you comply with tax regulations, lodging tax returns and to advise you on financial strategies and cash flow.

But possibly your accountant could be holding your business back?

Picture this: your business is running smoothly, but then a couple of unexpected slow months hit. Suddenly, you’re struggling to cover overheads and keep the lights on. This is the harsh reality of operating with less than a 15% pre-tax...