Customers not paying came in as the number one risk in Builtin’s 2024 nationwide survey builders. This is a significant contributor to another risk in the top 10 – cashflow issues leading to financial strain on the business and the people who rely on it. So,...
Written with contributions from Brendon Manson, Founder of TANZ, the Tile Association of NZ. The two areas in any home that are often the talking point are the kitchen and the bathrooms. This is where the most money per square metre is invested and there is no doubt...
One of the greatest risks identified through our workshops with builders in 2024 was non-payment. IPromise offers a simple, cost effective way to ensure you get paid immediately on completion of agreed milestones. There’s no more chasing of unpaid invoices or...
Accidents on site have been identified as the most serious risk to the survival of a building business according to participants at this year’s ITM Training Days. The results were compiled during Builtin’s risk management workshops over the four days covering...
It’s easy to forget things when you’re thinking about Christmas and the holidays, as well as rushing to finish off projects for demanding customers. Here are eight things you should remember: 1. Secure your sites before you go (and take your tools with...
NZI issued a bulletin recently following a review of their Cyber claims. This has shown an increase in the number of incidents where a business has transferred funds to a Threat Actor, rather than the intended recipient. Banks are sometimes able to freeze these...
