January 2022

Fast-growing SaaS construction tech company Buildxact secures AU$18.5 million in Series A funding to help realize global potential

March 20, 2022January 31, 2022 by thien

Buildxact, a global SaaS company providing a simple solution for residential builders to better manage and grow their business, has closed an AU$18.5 million (US$14 million) in a Series A funding round. Founded in Australia, and with already an established presence in the U.S. and Canada, Buildxact secured funding from some of Australia’s preeminent venture capital funds, taking

How to start and successfully grow a construction business

March 20, 2022January 29, 2022 by thien

The construction industry is one of the top start-up business sectors, but it is an industry where well over half of new businesses don’t make it through the first five years. However, if you can successfully manage your construction company, you can avoid this pitfall and be set up for long-term success. Keep in mind that despite cyclical industry downturns, often sparked by ex

The construction estimating process, steps and strategies

March 20, 2022January 20, 2022 by thien

When you are part of the construction industry, winning bids and tenders is vital to the success of your business. This makes the construction estimate a crucial step in creating a building company that earns profits, has high customer satisfaction and continues to grow.

How to keep your residential construction business profitable despite material shortages and price increases

March 20, 2022January 12, 2022 by thien

The effects of COVID have been felt across all industries including the construction industry, and it has never been more critical for builders like you to focus on your long-term financial viability.

How to estimate construction materials

March 20, 2022January 9, 2022 by thien

To make cash in the construction industry you must ensure that your outlay is covered and profit margins maintained. The trick is knowing how to set the project price. To set a price you need to know what the entire project costs are, including the material cost, direct labor pricing, equipment and the indirect cost of the complete job. Big construction companies often have expert c

The key benefits of construction management software

March 20, 2022January 5, 2022 by thien

It’s easy to imagine the effect construction management software will have on you and your construction firm. Imagine having more time, wasting less money, and having happier customers, all while growing your construction industry business. You don’t have to just imagine it though. Let’s have a look at how construction software benefits construction businesses of all sizes.

How to do a construction proposal: examples and template

March 20, 2022January 3, 2022 by thien

Many large construction companies understand the importance of a construction proposal, but it is often overlooked by smaller builders and remodelers. That is usually because they don’t understand what a construction proposal actually is.

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