by Ben Rickard | Apr 1, 2025 | Risk Management
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,...
by Ben Rickard | Mar 10, 2025 | Insurance, Risk Management
Liability for defective workmanship is one of the top 10 risks identified by Kiwi builders. Additionally, recent BRANZ research shows that 86% of homeowners had to call their tradies back to remediate defects (many of these are likely to be minor however). Minimising...
by Ben Rickard | Feb 10, 2025 | Risk Management
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...
by Ben Rickard | Jan 29, 2025 | Risk Management
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...
by Ben Rickard | Dec 17, 2024 | Risk Management
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...
by Ben Rickard | Dec 7, 2024 | Insurance, Risk Management
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...
