AgentBuddyGuide
7 Ways 7Z Builders Lose Money Every Week
Even the busiest builders leak cash every week. Here are seven common profit killers and how to stop them.
1. Forgetting to chase invoices
Sending an invoice is just the start. If you don't follow up, clients take longer to pay. One unpaid invoice can sit for weeks costing you the use of that cash.
2. Missing phone calls from new leads
Every missed call is a potential job. If you're on site and can't answer, that lead often goes to a competitor. Lost jobs add up fast.
3. Writing quotes by hand
Handwritten quotes take time and are easy to misplace. Rushing through a quote on site often leads to underquoting materials or labour. That mistake comes out of your margin.
4. Booking jobs over the phone and forgetting
A verbal booking with no record means double bookings or missed jobs. Then you waste time rescheduling and apologising to angry customers.
5. Spending more than 10 hours a week on admin
If you're doing your own quotes, invoices and follow ups, that's time not spent on tools. That admin time costs you the equivalent of a full day's billable labour each week.
6. Letting small jobs slide without a quote
A quick 'she'll be right' handshake can lead to scope creep. Without a written quote you can't invoice for extras. Those small losses build up.
7. Paying for a part time office manager
Even a part time office manager costs $30k or more per year. That's a fixed overhead that eats into your profit, especially when work slows down.
See what AgentBuddy could do for you
Answer 6 quick questions and see how many jobs and hours your admin is costing you.
AgentBuddy takes over all that paperwork for $249 a month. Try it free for two weeks and see how much you save.