Buildxact AU https://www.buildxact.com/au/ Estimating & Job Management Software Wed, 27 Aug 2025 15:37:41 +0000 en-AU hourly 1 https://wordpress.org/?v=6.8.2 https://www.buildxact.com/au/wp-content/uploads/sites/10/2022/01/fav.png Buildxact AU https://www.buildxact.com/au/ 32 32 Top Construction Project Management Tools https://www.buildxact.com/au/blog/top-project-management-tools/ https://www.buildxact.com/au/blog/top-project-management-tools/#respond Mon, 25 Aug 2025 21:24:09 +0000 https://www.buildxact.com/us/?p=29334 Discover our comprehensive guide to construction project management software, including features and pricing for top construction project management tools.

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Blown-out budgets. Missed deadlines. Project chaos.

When it comes to keeping construction jobs organized, more and more builders are realizing spreadsheets and sticky notes just don’t work. Meanwhile, your competitors are already adopting digital project management tools to run projects faster, smarter, and more profitably. 

If you work in residential construction, the right project management software can streamline all those everyday tasks like estimating and scheduling. As a result, you save hours in admin, cut back on errors, and keep clients happy.

But with so many platforms out there, how do you choose one that fits how you work as a small business?

That’s exactly why we’ve created this guide. We explore the benefits of construction project management software and the must-have features to look out for. Plus, we compare six of the best project management tools on the market – so you can skip the confusion, cut the chaos, and find a solution that puts you out in front.

Why Do You Need Construction Project Management Software?

If you’ve ever wasted hours chasing quotes, struggled to keep track of budgets, or juggled jobs across notes, calls, and spreadsheets, you know the chaos it creates.

With the right project management software, you replace the mess with one clear system, making every project smoother and easier to run.

Streamline projects

Disconnected workflows make it hard to stay on top of the many moving parts involved in construction projects. Instead, intelligent platforms designed specifically for the needs of construction professionals enable:

  • Visibility and accessibility, with centralized tasks, timelines, and documents, available anywhere by teams 
  • Strategic insights delivered by options such as AI estimators that ensure you can quote, win, and manage a greater number of projects.

Improve communication

Miscommunication caused by outdated tools drags projects down. Effective project management software has the power to change that, with research showing it can improve communication by 55%. 

With real-time updates and seamless supplier integrations, modern platforms keep teams aligned and clients informed at every stage.

Reduce errors

Attempting to manage your projects through manual spreadsheets and scattered notes can lead to costly mistakes. Automated takeoffs, centralized project data, and AI-powered checks replace uncertainty with accuracy. 

For you and your team, that means less rework and fewer overruns, which is exactly what separates the builders leading the pack from those falling behind.

“Rework not only increases project costs—contributing to an average of 52% of total cost growth in construction projects—but also adversely affects project schedules, often leading to overruns of up to 22%” — Modeling Critical Rework Factors in the Construction Industry: Insights and Solutions, MDPI

Maximise profits and ROI

Margins are getting tighter, and manual methods can’t keep up. Construction project management tools like AI-driven estimating and integrated supplier pricing give you real-time visibility into your costs. 

As a result, you can quote confidently, protect your margins, and achieve an ROI that traditional tools can’t deliver.

Boost job completion

Automated project management software gives you the visibility you need to identify issues early, keeping your projects on schedule and within budget. 

A recent report by Deloitte confirms the benefits, noting that “advancements in technology may help streamline project management, collaboration, and decision-making while reducing delays and costs.”

To choose construction project management software that benefits your residential construction business, you first need to know which features to focus on.

What to Look For in a Construction Project Management Tool

You’ve seen how the right software transforms projects. Now, as you look for ways to leverage digital tools in your own business, it’s time to dig into the specific features that cut admin, track costs, and optimise construction-first workflows as your business evolves.

A table outlining the important features to consider in construction project management software and why they’re needed.

Job scheduling tools

Project management software with automated scheduling tools makes planning, assigning, and tracking tasks easier over time. This helps keep projects on schedule and disruption-free.

Easy estimating and quoting

Fast, accurate estimates win jobs and protect margins. Software should simplify this process, with built-in templates, supplier pricing, and AI-powered checks that reduce errors and accelerate approvals.

Clear budget tracking

Every residential builder knows that budgets can spiral out of control without good visibility. The right tool tracks project costs against estimates in real time, helping you stay right on budget.

Built-in messaging and updates

Relying on texts and emails for your project updates? You’re likely to miss an important detail. Centralized communication tools keep every update, approval, and variance in one place.

Supplier and trade management

Manual quoting and ordering are slowing you down. Look for integrated tools that connect directly with suppliers and tradies, making requesting quotes and issuing orders more efficient and precise.

Secure document storage

Disorganized files create confusion and costly rework. Secure, cloud-based storage keeps plans, quotes, and contracts protected, with everyone working from the same, up-to-date information.

Streamlined invoicing

Invoicing errors and delays disrupt cash flow. Software with built-in invoicing simplifies billing, tracks variations, and reduces disputes – so you get paid faster while keeping margins healthy.

Anytime, anywhere access

Builders spend more time on site than behind a desk. Mobile access to project data means you can update schedules, track progress, and answer client queries, wherever you are.

Detailed reporting and insights

Visibility is valuable. Intelligent dashboards and reports that give real-time insights help you resolve issues sooner, stay within budget, and confidently plan new projects.

The question is, which construction project management software gives you all the features you need, without adding hours of setup time to your already packed to-do list? Let’s look at how some of the best tools on the market stack up.

A Guide to Choosing the Best Project Management Software for Construction

By now it’s clear: the right construction project management software can replace disconnected processes, save countless admin hours, and keep you competitive. To help you find the best fit, we’ve compared six leading platforms – check out our verdict below.

A table comparing six project management software tools

Buildxact: Best Construction Project Management Software for Small Residential Construction Firms

What is Buildxact?

Buildxact is a project management software purpose-built for residential builders who need to streamline their construction processes and deliver projects more efficiently, on time, and within budget. 

With features such as AI estimators and customizable quote builders, and functionality designed to generate and manage leads, takeoffs, and client communications in a single platform, Buildxact’s platform is flexible enough to support single users, such as builders, and robust enough to serve fast-growing businesses with multiple construction teams that include  builders, suppliers, trade professionals, finance construction service professionals, and homeowners.

A Buildxact screenshot showing how customer project lists are the first step to better construction project management.

What are the benefits?

AI-powered estimating with Blu – Blu is your AI-powered digital estimating assistant. With supplier-integrated pricing and AI-powered takeoffs, estimating, and auditing, it helps you quote faster, smarter, and more accurately. Using Blu, Buildxact users can complete takeoffs 50% faster and send estimates 7x quicker than manual methods. 

Unlimited users, no extra cost – With Buildxact’s straightforward pricing, you can scale your team without hidden fees or paying more for every seat.

Smart scheduling and tracking – Benefit from simple tools to plan, assign, and monitor every job. Research shows that builders complete 56% more jobs on time each year with Buildxact.

On-site visibility – Update schedules, costs, and progress from anywhere. Buildxact’s mobile-first design supports the way residential builders actually work.

Automated invoicing and payments – Cut admin time and protect margins. Buildxact users report faster invoicing and healthier cash flow.

Supplier integration – No more material mayhem. With Buildxact, you can price and order directly with your preferred suppliers. Plus, live pricing ensures you never underquote again.

Local support that understands builders – Real people, close to home, ready to help you hit the ground running. Buildxact scores a 4.6/5 customer rating for ease of use and support.

An estimate screen in Buildxact showing how materials are priced using the latest supplier pricing.

Any drawbacks?

Buildxact is purpose-built for small to midsize residential construction, and its pricing plans and features reflect this focus. While the platform is flexible enough to support rapid, enterprise-level business growth, commercial projects will require functionality aimed at a lengthier, more complex bidding process, greater regulatory requirements, and longer job cycles. 

The singular focus on residential construction projects is intentional: Keeping features highly targeted means they’re easy to adopt and use, and the platform’s UX and interface reflect the real workflows of residential construction (like estimating, scheduling, and job management). In other words, Buildxact is highly targeted but uniquely differentiated for users.

Is there a free trial?

Yes, Buildxact offers a no-obligation 14-day free trial. You can also schedule a demo with a Buildxact team member, which is a great way to explore its features and have your questions answered.

What do people say about Buildxact?

For renovator Keith Perez, Buildxact eliminated the chaos of scattered notes, emails, and spreadsheets. Before using Buildxact, he found that information would be spread over “four or five places…whereas Buildxact has consolidated all of that into one point of access,” highlighting how a single system transformed his efficiency and freed up valuable time.

For builder Josh Bradley, Buildxact replaced the late nights and endless spreadsheets that once drained his residential construction business. He highlights how consolidating the estimating, scheduling, and communications functions into one system has doubled his revenue: “It’s almost like hiring a couple of people at a much lower cost.” 

Is Buildxact right for you?

Buildxact was built with residential builders, renovators, or contractors and their workdays in mind. If your team is juggling estimates, schedules, orders, and client updates across disconnected tools, or even some combination of paper and manual entry spreadsheets, Buildxact centralizes those workflows into a single, cloud-based platform. 

The software offers an integrated approach that enables real-time pricing with suppliers, AI-powered takeoffs and estimates, job-specific budget tracking, and field-to-office visibility—all without sacrificing usability. Buildxact is especially effective for builders who want greater control over job margins, fewer manual errors, and full traceability across the project lifecycle.

Users can expect professional-grade project management without enterprise-level complexity. However, constructions teams don’t need to be tech experts to benefit, and they won’t need to patch together multiple systems to stay on top of projects.

monday.com

What is monday.com?

monday.com is a flexible work management platform designed to help teams track tasks, projects, and workflows. Its customizable boards and multiple task views let users shape the system to fit their preferred way of working.

Screenshot showing the UI of monday.com

What are the benefits?

With its clean, intuitive interface, monday.com makes it easy and visually engaging to see project progress at a glance. Automations save you time on repetitive admin, while integrations connect with popular tools like Slack, Gmail, and Excel.

Any drawbacks?

Monday.coms adaptability is also its Achilles’ heel for residential builders. Because it isn’t built for construction, you’ll spend precious time customizing it for estimating, quoting, or supplier pricing. As a small home builder already juggling multiple roles, so that’s extra admin you’ll need to account for in your busy task list.

Is there a free trial?

monday.com offers a free demo on request. It also provides a free personal plan, plus three paid plans.

Is monday.com right for you?

Monday.com delivers flexibility and a polished interface. However, adapting it to construction workflows takes extra time and effort. Builders who want powerful tools meant to simplify estimating, quoting, and job management functions right out of the box may need more specialized platforms that anticipate their day-to-day needs and reflect their operational realities.

 

What is Wrike?

Wrike is an enterprise-grade work management platform for detailed planning and resource management. It’s widely used across industries that need deep visibility into projects, workloads, and performance at scale.

Screenshot showing the UI of Wrike

What are the benefits?

Wrike offers extensive customization through workflows, dashboards, and templates. The platform’s advanced reporting provides granular insight into performance, budgets, and resource allocation. It’s also highly scalable, making it a popular choice for large and growing teams.

Any drawbacks?

Wrike’s complexity can be an issue for non-enterprise firms. According to one Reddit user, “initial setup and user adoption were rough. The interface felt cluttered, and it took a while for everyone to grasp the features.”

Designed for enterprise teams, Wrike has a steep learning curve and significant admin overhead. Dealing with this on top of estimating, client management, and on-site tasks may be problematic for small residential builders. 

Is there a free trial?

Wrike offers a free trial and a free basic plan. Paid plans are available with monthly or annual billing, and some have a limit on the number of users.

Is Wrike right for you?

Wrike excels in complex, enterprise environments that demand heavy customization and detailed reporting. However, smaller construction companies might find its complexity and lack of trade-specific workflows challenging.

Project Manager

What is Project Manager?

Project Manager is a cloud-based project management platform built around Gantt charts, scheduling, and reporting tools. It’s designed to give teams better visibility into tasks, deadlines, and overall project performance.

Screenshot showing the UI of Project Manager

What are the benefits?

The platform offers built-in scheduling tools, customizable dashboards, and handy mobile access for on-the-go updates. It’s particularly good for deadline-driven environments where clear timelines and accountability are critical.

Any drawbacks?

While Project Manager offers solid scheduling and dashboards, many users report limitations with its mobile app. Bugs, performance issues, and missing features make it difficult to rely on when you’re on-site, which is precisely when builders need quick access to updates, budgets, and schedules. For builders who do most of their admin work from phones or tablets, this can add friction and slow decision-making.

Is there a free trial?

Project Manager offers a free 30-day trial. It’s important to note that when your trial ends, your account and project data will be automatically locked unless you purchase a paid plan (a few users have come unstuck with this). Project Manager’s comprehensive Business Plan starts at $26 per user per month (project limits apply). 

Is Project Manager right for you?

Project Manager is a solid choice if you’re mainly desk-based and need scheduling and reporting tools. But if your work depends on updating jobs in the field, its limited mobile functionality could hold your team back.

ClickUp

Screenshot showing the UI of ClickUp

What is ClickUp?

ClickUp is a highly customizable, all-in-one platform for managing tasks, documents, goals, and timelines. It’s designed to give teams a central place to plan, track, and collaborate on work.

What are the benefits?

With ClickUp, you get deep customization with multiple view types, from Kanban boards to Gantt charts. Built-in docs, automations, and goal-tracking features help you manage various workflows within a single system.

Any drawbacks?

With so many features and customization options, ClickUp can feel overwhelming for smaller construction firms that want to focus on what matters to them, like estimating, scheduling, and budget tracking. Without construction-specific workflows, teams risk spending more time configuring the platform than actually using it to run projects.

Is there a free trial?

Yes, ClickUp offers a free 14-day trial, a free plan, and three paid plans.

Is ClickUp right for you?

ClickUp works well for teams that value flexibility and want to customise everything about their workflows. Those looking for more straightforward, construction-specific project management may find that the complexity outweighs the benefits.

Asana

What is Asana?

Asana is a straightforward task management app that promises to help teams organise and track work. It’s known for its simplicity, making it easy to set up and get started quickly.

Screenshot showing the UI of Asana

What are the benefits?

Asana has a clean interface and offers easy onboarding, even for teams new to project management software. It’s well-suited for basic task tracking, timelines, and smaller, less complex projects.

Any drawbacks?

While Asana works great for simple task management, it struggles to scale for builders managing multiple jobs at once. Coordinating different timelines, budgets, and trades quickly becomes unwieldy. As one reviewer noted, “If you have too many tasks with sub-tasks and dependencies, the platform’s interface can get cluttered and overwhelming.”

Is there a free trial?

Yes, Asana’s Advanced plan offers a free trial. Three paid plans are available, in addition to a free plan.

Is Asana right for you?

Asana is ideal for teams that want simple task tracking in a clean interface. However, its limitations may frustrate builders who want to manage multiple projects from a single platform.

Construction Project Management Software: FAQs

What is the most popular project management software for construction?

There are many different project management software solutions for construction firms, and the most popular tools vary depending on the type of construction and company size. Buildxact is a highly targeted platform for small- and medium-sized residential construction companies that need tools reflecting their daily operations and unique workflows.

Which software is best for construction?

The best construction software is easy to use, fits your budget, and meets your business’s needs. For example, a construction project management tool like Buildxact is best for smaller residential construction firms, while enterprise platforms will be a better fit for larger commercial companies.

What is CMS in construction?

In construction terms, CMS stands for Construction Management System. Construction firms use this type of software to manage their projects, allocate resources, and coordinate teams.

What are the 5 C’s of project management?

The 5 Cs of project management are Complexity, Criticality, Compliance, Culture, and Compassion. This is a common framework for managing projects efficiently and with a structured, proven approach.

Skip the Spreadsheets and Make the Switch to Smarter Construction Software 

Manual processes are no match for intelligent, automated technology. That’s why digital project management tools are the not-so-secret way to win more jobs, boost efficiency, and grow your profits. 

In this guide, we’ve explored all the features you need to speed up and streamline your projects, with a purpose-built solution that balances functionality, affordability, and ease of use.

And that’s exactly what Buildxact delivers. Designed for small residential construction firms, we give you the intuitive functionality and AI-powered advantage you need to save time and work with confidence. Don’t stay stuck in spreadsheet chaos – take control with Buildxact.

Ready to get started? Sign up for a risk-free trial today or discuss it with one of our team members during an interactive demo.

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Find the Construction Management Software that Works for You https://www.buildxact.com/au/blog/software-works-you/ https://www.buildxact.com/au/blog/software-works-you/#respond Mon, 18 Aug 2025 20:07:39 +0000 https://www.buildxact.com/us/?p=29206 Switching to construction management software can be challenging. Learn a few simple steps that get you on the path to the right choice.

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Software is a big help, if you choose right

Picture of Dustin Elliott

Dustin Elliott

Products and Customer Insights Analyst, Buildxact

With more than 10 years experience in software as a service, and many of that in helping small business owners like you, I’ve seen firsthand how making the leap from old habits to new software challenges us to think and act differently.

Not to mention that making a wrong choice can end up costing you 5-10x more than the annual subscription of the wrong software package. You have to factor in wasted time and a whole host of other factors. So where do we begin?

Step 1: Determine your needs

  • What is keeping you up at night?
  • What is that thing you have been meaning to do but haven’t had a chance yet
  • What is the bottleneck in terms of your business or personal life?
  • What part of your process makes you the most anxious to do?

Then write them out as to what you think you need. Write it down in a simple 2 step matrix – What the problem is – what the impact is – and what you think the solution is (don’t worry too much about the solution at this point). Something like what I have below:

Problem
Impact
Potential Solution

It’s hard to keep up with getting quotes out fast enough to keep up.

I don’t have a consistent pipeline of work leading to me to at times take jobs I’d rather not do.

An estimating tool that’s easy to learn that keeps me on top of all my prospects and bids.

Great, when you’ve taken the time to do Step 1, you have clearly defined your north star when navigating all the different construction software choices out there. Now we begin Step 2:

Step 2: The Hunt.

Generally, checking software review sites like Capterra or G2 are great places to start. You also can look at industry blogs, although trying to find reputable sources can be harder in an AI-driven world, so keep a healthy dose of skepticism when surfing the web. The best way to surf is looking for common search terms, like “construction management software” or “home construction estimating.”

As you’re looking at reviews and company websites. Keep a list handy of your favorite software packages,  as it’s easy to get lost in websites and feature pages.

Step 3: Get your hands on!!

Once you’ve checked some review sites and browsed their websites, get your hands on a free trial! Take it for a spin! You wouldn’t buy a car without taking it for a spin or at least checking inside of it would you? Be wary of a company that doesn’t offer some sort of free trial.

When trying out software, you might even discover things that help remind you of other pain points or challenges you have in your company. Take the time discover these things. Don’t try to cram too much investigating into too little time. The best trials are not just days long but usually a week or two.

Step 4: Chat with a sales person

Yes, they are there to sell to you, but trustworthy software providers ensure their sales team members are there to help you first and foremost. Now is not the time to be shy. Ask a lot of questions.

 This is where you critically evaluate each tool as you speak with a sales person. It’s your time to decide what the true impact software can have on your business. Yes, you might feel like your problems are tough and insurmountable, but chances are the person with whom you are speaking has heard something similar. So ask those questions!

Ready to get started, today?

If you think you’ve come to right place for advice, that’s great news! Thank you, and let me direct your attention to Buildxact’s free trial offer. Book a demo with one of Buildxact’s helpful representatives or start a free 14-day trial, today! Your next successful project, just might be a result of you using the best home construction job management software in the business, Buildxact!

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How AI Works for the Homebuilder https://www.buildxact.com/au/ebook/ai-works-homebuilder/ https://www.buildxact.com/au/ebook/ai-works-homebuilder/#respond Thu, 14 Aug 2025 19:17:08 +0000 https://www.buildxact.com/us/?p=29185 Ready to learn how AI impacts residential construction? With this eBook learn the basics of AI-based tools and how home builders of all sizes can in minutes fully understand the size, scope and cost of their projects.

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How AI Works for the Homebuilder

Technology is changing the rules of residential construction. With new AI-based tools, home builders of all sizes can quickly understand the size, scope and cost of their projects. With this eBook, get a quick overview of what’s ahead for material and labor estimating.

You’ll learn:

  • The basics of AI technology and how home builders make it work for them
  • Specific examples of how AI helps with takeoffs, estimating and project management
  • What lies ahead with the development of future AI technology.

Related content

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how it works

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Streamline Your Next Renovation with Buildxact https://www.buildxact.com/au/blog/streamline-next-remodel/ https://www.buildxact.com/au/blog/streamline-next-remodel/#respond Thu, 31 Jul 2025 20:56:20 +0000 https://www.buildxact.com/us/?p=29011 Learn to grow a construction business with advice from Buildxact’s Dustin Elliott. In this blog, he discusses cost tracking and purchase orders.

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Why A Little Project Planning

Now Goes An Even Longer Way

Picture of Dustin Elliott

Dustin Elliott

Products and Customer Insights Analyst, Buildxact

I recently spoke to a renovator — for the sake of this conversation we’ll call him Max. Max’s renovation business, nestled in the vibrant heart of Miami, is a testament to the grit and evolution required to succeed in the world of residential renovations.

Over the past five years, Max’s business has become familiar with homeowners seeking to breathe new life into their kitchens, bathrooms and whole interiors.

His work, characterized by attention to detail and a hands-on approach, has largely grown through the oldest marketing tool in the industry: word of mouth. Referrals from satisfied clients have kept his calendar full and his reputation sterling.

Maintaining a consistently high reputation for quality work is important in a market like Miami where many high-end property owners insist on top-level service for their premium renovations.

But in Max’s case, as the flow of projects increased, so did the complexity of operations. Max found himself juggling multiple jobs simultaneously, each with its own demands, deadlines and ever-shifting expectations.

Like many small business owners, he had started out managing quotes, orders and costs using the familiar tools of Excel spreadsheets and Word documents. For a while, this patchwork system worked. However, as business scaled, the cracks began to show. Keeping up with the paperwork became a daily struggle.

A construction pro works on a bathroom remodel.

Growing Pains and the Search for Better Solutions

Today, Max keeps up with the growth using Buildxact construction management software. With Buildxact, Max has incorporated the traditional purchase order directly into his Buildxact preconstruction planning.

Buildxact is a construction management platform tailored for small to mid-sized businesses. By handling project quoting, cost tracking and purchase orders, Buildxact is the perfect construction management platform for builders like Max.

Buildxact Has You Up and Running

Max’s experience with Buildxact began with a training session on purchase orders. The training walked him through the platform’s features, showing how digital purchase orders could be generated, customized with materials and quantities, and sent directly to his favorite material dealers. Unlike the old methods, every order was time-stamped, searchable and easily referenced. This wasn’t just a time-saver; it was a transparency tool that would soon become a safeguard for his business.

You see, Max had learned a valuable lesson from a high-stakes project: a comprehensive renovation of four bathrooms and a kitchen. The client, with a firm deadline and high expectations, had requested a very specific tile-costly and central to the entire design. Max placed the order with his dealer over the phone, as he had done many times before, trusting that the details would be handled as agreed.

What happened next was a perfect storm of miscommunication and oversight. The dealer claimed to have sent a confirmation email for the tile order, but Max, swamped with incoming messages, missed it entirely. The wrong tile arrived on site, and by the time the error was discovered, the clock was ticking down to the client’s deadline. Rectifying the situation required purchasing the correct tile batch—at a cost of over $25,000—which Max had to absorb, as the original order could not be returned or refunded in time. The delay pushed the project back by several weeks and essentially wiped out any profit he might have made.

This costly error drove home the limitations of verbal agreements and scattered documentation. The experience was both a financial blow and a wake-up call. Max realized that as his business grew, so did the risks of relying on informal processes and manual record-keeping. A single missed email, in a sea of others, had been enough to derail months of careful work.

The Shift to Digital Purchase Orders

Armed with new knowledge from his Buildxact training, Max began to overhaul his workflow. Now, every purchase order is created within the platform, detailing exact product specifications, quantities and delivery notes. These orders are sent directly to Suppliers, leaving a digital paper trail that can be referenced at any time. No more relying on memory or searching through old emails—everything is organized and easily accessible.

This change brought immediate benefits. Disputes over what was ordered and what was delivered became a thing of the past, as every step was documented and confirmed. Suppliers appreciated the clarity, and Max regained confidence that his projects could proceed without costly surprises. The digital system also allowed him to monitor which orders had been fulfilled and which were still outstanding, ensuring that nothing fell through the cracks.

Visibility and Control: Tracking Costs in Real Time

Purchase orders were just the beginning. Buildxact’s integrated cost tracking enabled Max to see, at a glance, the actual versus committed costs for each project. This granular visibility made it possible to spot budget overruns before they became critical. Instead of piecing together expenses from various spreadsheets, he had a live dashboard showing where every dollar was going. This allowed for better forecasting, more accurate quoting, and ultimately, tighter control over profitability.

For Max, the shift wasn’t just about avoiding errors—it was about reclaiming control over his time and finances. The hours he once spent reconciling receipts and cross-referencing documents were now freed up for client communication, on-site supervision, and growing his business even further.

The Ripple Effect: Client Trust and Business Growth

Clients soon noticed the difference. With clearer timelines, more accurate estimates, and fewer hiccups due to supply issues, Max’s renovations ran more smoothly and finished closer to schedule. The transparency provided by digital purchase orders reassured clients that every detail was documented and accounted for. Word of his refined process spread, and referrals continued to flow in—this time accompanied by glowing testimonials about professionalism and reliability.

Suppliers, too, benefited from the new system. The clarity of Buildxact’s purchase orders reduced back-and-forth communication and minimized the risk of misunderstandings. Deliveries became more reliable, and relationships with vendors strengthened as trust replaced uncertainty.

A bath remodel is under way with two construction pros installing a bathtub.

Lessons Learned and Looking Ahead

Max’s journey underscores a lesson familiar to many small business owners: what works in the early days of a business rarely scales without adaptation. The strategies and systems that carry a company through its infancy can become liabilities as complexity increases. For Max, the turning point came through a combination of painful experience and a willingness to embrace new technology.

Today, Max’s business stands as a model of how the right tools can empower even the smallest operations to thrive amid growing demands. By leveraging Buildxact’s capabilities, he has not only avoided repeating costly mistakes but has positioned himself for sustainable growth in an ever-competitive market.

The world of residential remodels will always be subject to surprises—delays, supply chain hiccups, client changes. But with robust systems in place, those surprises need not spell disaster. Max’s story is a reminder that investing in better processes isn’t just about saving money; it’s about building a foundation for trust, reputation, and long-term success.

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Running Low on Work? How to FIll Your 2025 Pipeline https://www.buildxact.com/au/webinar/running-low-work/ https://www.buildxact.com/au/webinar/running-low-work/#respond Mon, 30 Jun 2025 22:35:53 +0000 https://www.buildxact.com/us/?p=28901 Watch this webinar and learn how traditional marketing for your construction business is not enough. Learn to create a lead-generation system.

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Running Low on Work? How to FIll Your 2025 Pipeline

Want More Quality Leads for Your Building Business? Buildxact and Contractor Scale show you how.

Join Buildxact and Contractor Scale for a 45-minute, hands-on session where we don’t just talk about marketing—we help you build a lead-generation system.

In this webinar:

  • Learn the Ideal Client Profile
  • Use a proven 7-figure Ad Copy Template—customized for your niche in 90 seconds
  • Generate a full week of social content and a newsletter using AI
  • Build your lead funnel—from ad to booked call—with clear next steps
  • Get a real-time ROI calculator to make smart marketing decisions.

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Working Capital Builds Financial Resilience for Small Builders https://www.buildxact.com/au/blog/working-capital/ https://www.buildxact.com/au/blog/working-capital/#respond Wed, 18 Jun 2025 16:00:12 +0000 https://www.buildxact.com/us/?p=28741 Often overlooked: the cash flow from working capital keeps even profitable jobs running smoothly.

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For many small builders, renovators, and trades, success isn’t solely about landing jobs. It’s about managing the lag between ordering materials, sending customer invoices, and receiving payments. That’s where working capital makes or breaks the business.

Working capital—the cash you available to cover short-term expenses—keeps the lights on, the trucks fueled, and your crew paid. In today’s economy, with high interest rates and rising costs, managing working capital isn’t just smart—it’s essential. When you fail to monitor cash flow closely, even profitable jobs drain resources and hinder growth.

According to a Built study published in Morningstar, in May 2025, 70% of contractors report that payment delays are the top threat to their business, surpassing concerns about labour shortages, tariffs or inflation. Delays result in hidden construction costs, project cancellations and various other expenses.

In this blog, let’s explore why working capital is crucial, its daily impact on your business, and what can be done to strengthen it.

A builder manages his team schedule from the job site using Buildxact running on his mobile device

The Real Impact of Working Capital on Small Builders

When you have a healthy cushion of working capital, everything flows more smoothly. You can say ‘yes’ to the next job with confidence, order materials in bulk to save money, and avoid juggling multiple debts to meet payroll.

When working capital runs thin, as a small builder, you face real consequences, even if the business looks profitable on paper.

And yet, appearances can be deceiving. As Dave Yoho, a respected voice in the renovating industry, explains: “Many companies appear to operate at a profitable level yet have not increased their level of working capital to accommodate growth.”

Some potential consequences are:

  • Project Delays: If you can’t pay suppliers on time, materials don’t arrive, and deadlines slip. According to a Built study, more than a third of small builders have experienced project delays or cancellations due to financing issues.
  • Lost Opportunities: You might have to turn down a profitable job simply because you can’t find the upfront costs that get a job started.
  • Strained Relationships: Late payments can harm relationships with your trades, suppliers and crew.
  • Mental Load: Financial uncertainty is stressful, and you’ll likely spend more time chasing payments than managing your projects.

Consider ways to enhance your working capital to operate your business more efficiently during economic uncertainty. This approach will help you maintain liquidity while also seeking growth opportunities

Cash flow is the No. 1 challenge facing subcontractors—bigger than profit."

Common Challenges in Managing Working Capital

Even for experienced builders, managing working capital isn’t always straightforward. A few recurring challenges can quietly drain cash flow and catch small teams off guard.

    1. Delayed Payments

Delayed payments are one of the biggest threats to small builders. Of the 70% of contractors who face payment delays, 10% last over 30 days or more past their invoice date; that lag creates a cash gap, forcing builders to dip into reserves, use credit, or delay paying their vendors.

    1. Inventory Management

Buying in bulk can save money, but overstocking ties up cash you may need elsewhere. On the other hand, under-ordering can stall projects and erode client trust.

Finding the balance is tricky, especially when suppliers are dealing with their delays. Use software to closely track usage and utilise job management tools to prevent overordering while maintaining sufficient material on hand to remain efficient.

    1. Project Overruns

Unexpected site conditions, variations, subcontractor delays, and project overruns are common, and they’re expensive.

Even if the job is profitable overall, unbudgeted costs in the early phases can quickly erode working capital. Without a buffer, you may need to slow down work, push out payments, or borrow to get across the finish line. And when one job gets out of sync, it often throws off your next one, too.

The Importance of Cash Flow Planning

Cash flow planning provides small builders a way to get ahead. It involves forecasting how much cash is coming in and going out over a specified period for your business, such as week by week, month by month, or project by project.  For small builders, it can mean the difference between avoiding last-minute scrambles, strategically timing payments, and being prepared to make informed decisions on new work.

“A lack of cash flow can create immense problems,” noted Yoho.

Cash flow is to finances what a schedule is to job site harmony. Instead of waiting until money gets tight, you’re proactively planning and making necessary adjustments before cash flow becomes a crunch.

Tools such as Buildxact simplify the process by giving builders a clear, real-time view of where the money’s going—and what’s coming in by connecting project activity and invoices to popular accounting software like Xero or

Strategies for Managing Working Capital

A recent study by Built, cited in Construction Dive, reveals that 65% of subcontractors are more concerned about cash flow than profit. If you’re a small builder, this hits home. Here are steps you can take to regain control:

    1. Forecast with Precision — Utilise job management software, such as Buildxact, to outline upcoming expenses and expected income. Taking a forward-looking perspective allows you to prepare for potential shortfalls before they occur.
    2. Invoice Promptly and Follow Up — Don’t hesitate to send that invoice. Buildxact will trigger reminders, automate emails, and keep the money flowing.
    3. Negotiate Supplier Terms — You might be able to secure 30- or 60-day payment terms from suppliers. This extra breathing room can make a significant difference.
    4. Cut What You Don’t Need — Regularly review subscriptions, tool leases, and job site rentals. Eliminate what isn’t adding value.

With a few smart moves, you can begin planning for growth instead of merely reacting to cash flow problems.

Building a Solid Financial Foundation

Working capital isn’t just an accounting metric—it’s what gives small builders like you room to breathe, grow, and weather the unexpected. When it’s managed well, you can take on new jobs with confidence, pay your team on time, and invest in the future of your business without losing sleep over cash flow gaps.

However, when it’s tight—or worse, ignored—it adds stress to every decision you make, both on and off the jobsite.

The good news? Builders don’t have to go it alone. With thoughtful planning, the right tools, and a proactive mindset, managing working capital becomes part of building a more resilient business.

Start with visibility. Use software like Buildxact to track job costs, invoice faster, and get a real-time handle on your cash position.

Focus on flow. It’s not just about making a profit—it’s about getting paid on time and knowing where your money is going.

In today’s economy, working capital is more than a number. It’s your margin of safety—and your springboard to growth.

Learn More with Buildxact

Buildxact helps build consistent working capital when you estimate accurately using the latest material and labour pricing. Start today with a free trial or demo. Just follow the links and we can show you how easy professional construction management can be!

Understanding Working Capital

Working capital is the cash available to keep your business running day to day. It’s what’s left when you subtract what you owe (like supplier invoices and payroll) from what you own (like cash in the bank and unpaid customer invoices).

Working Capital = Current Assets – Current Liabilities

For builders and renovators, it’s the buffer that pays your crew, orders materials and keeps you on track between jobs. Because you often pay upfront for labour and supplies, managing working capital effectively is critical, especially since customer invoice and payment come long after incurring projecet expenses.

Example:

Say you’re working on a kitchen renovation. You order $15,000 in cabinets, pay trades weekly, and don’t see a cent from the homeowner until the job is 80% complete. If you don’t have enough working capital to float those upfront costs, the project could stall despite the overall profit you estimated.

When working capital is strong, you’ve got options and peace of mind. When it’s tight, one delayed payment can throw your whole schedule—and stress level—off balance.

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How to Boost Site Communication https://www.buildxact.com/au/blog/site-communication/ https://www.buildxact.com/au/blog/site-communication/#respond Thu, 05 Jun 2025 18:40:25 +0000 https://www.buildxact.com/us/?p=28658 For builders and contractors, maintaining alignment between the home office and the job site is essential. Learn to make your site efficient and effective.

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In construction, the tools rarely trip you up; it’s the breakdowns in communication that do, and it has a trickle-down effect. 

You know how it goes: 

The framing crew thought the site was ready, but the drywall was delayed because a purchase order had not been fulfilled. The electrician arrived, yet the inspection hadn’t been cleared. 

These small disconnects can accumulate into one big, rolling frustration, delaying projects and undermining your profits, relationships and reputation.

For builders, renovators and contractors in today’s environment, maintaining alignment between the home office and the job site is no longer optional—it’s essential. Alignment doesn’t have to be complicated, but it must be efficient and effective.

The Cost of Miscommunication

Poor communication on a job site isn’t always easily spotted, and it can cost you. According to industry research conducted by the Construction Industry Institute (CII), rework accounts for approximately 28% of total job costs, primarily due to miscommunication and inadequate project data. That’s time, labour and materials lost—not to mention your team’s morale.

For small construction businesses where teams are already stretched thin and multitasking is the norm, keeping track of schedule changes, job assignments, and material delivery windows can feel overwhelming. A missed message can mean a wasted trip. A forgotten update can cause the entire schedule to slide.

Clarity Is What the Site Team Needs

Your project timeline might be on a whiteboard in the office, but your crew is staring at a slab of concrete 15 miles away. Without clear access to the latest plans, documents and instructions, they are left to guess or constantly call the office for updates, meaning the clock is ticking, and not in your favor.

Enter field-to-office communication, such as the Buildxact Onsite app, which makes a connection that is easier, quicker, and more efficient than ever, providing a significant competitive advantage. With Buildxact’s Onsite mobile app, all job-related documents are stored in a centralised, cloud-based system, allowing crews to access updated drawings, change orders, scope notes, and photos directly from their phones.

Scheduling Without the Guesswork

A construction schedule isn’t static—it shifts constantly. However, unless your team has real-time access to these changes, the calendar becomes a liability instead of an asset. Buildxact’s job site scheduling features ensure that field crews and office staff remain aligned, even as things change rapidly.

Enjoy seamless communication from the job site to your home office—adjust timelines, update task deadlines, and modify delivery windows directly from the desktop, with those updates flowing straight to the Onsite app

Your field team can view relevant jobs and always stay informed, ensuring jobs run smoothly. Real-time project updates are crucial, especially when juggling multiple projects. It reduces your call volume, minimises confusion, and helps you maintain a tighter, more efficient schedule.

A conceptual image showing how a site crew uses Buildxact and Buildxact Onsite to communicate about a project schedule

Task Assignment that Works

Assigning a task is easy. Ensuring the task is completed on time and to specification is the challenge.

Buildxact’s Onsite app gives you visibility into daily activities, crew responsibilities, and outstanding tasks. You can check off completed items, add notes, or flag issues without needing to return to the office. It’s a straightforward way to ensure site coordination happens naturally without overloading your team with another admin process.

And because task data feeds directly into your project management dashboard, you get a clear picture of what’s done, what’s next, and where potential bottlenecks are forming.

Why Mobile Tools Matter More Than Ever

As a builder, you’re not just sitting behind a desk—you’re moving between job sites, supplier yards and client meetings. That’s why having a mobile construction app that aligns with your workflow is so important.

The Buildxact Onsite app is designed to meet the needs of small builders and contractors. It is intuitive and easy to use—even for field crews who aren’t “tech people.” Whether you’re taking a photo of a framing issue, checking tomorrow’s delivery schedule, or reviewing an assigned task list, the app puts the power of construction project management software in your pocket.

Communication Drives Productivity

Good communication isn’t just about staying in touch—it’s about staying on schedule, on budget, and in control of every project you run. Whether you’re managing three sites or 30, the right tools can turn chaos into coordination.

Buildxact Onsite mobile app is more than a communication tool—it’s a complete site coordination solution that syncs your office and field teams. With easy access to schedules, documents, and real-time updates, you can eliminate guesswork, boost efficiency, and keep your builds moving forward.

Ready to tighten up your job site communication? 

Learn how Buildxact and the Buildxact Onsite app can help you take control, right from your phone.

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Start with AI to win back a day every month https://www.buildxact.com/au/webinar/start-with-ai/ https://www.buildxact.com/au/webinar/start-with-ai/#respond Thu, 17 Apr 2025 00:24:40 +0000 https://www.buildxact.com/au/?p=23868 Small home builders are learning to introduce AI into estimating and quoting jobs. Don’t get left behind! Watch this webinar to break down new AI tools.

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Start with AI to win back a day every month

Craig DeCorsey shows how to run better, more cost effective projects

Are you a residential home builder looking to introduce AI into your business, but unsure where to start?

Join us for an insightful webinar with Varant from the Association of Professional Builders, Julian from Buildxact, and Craig from HazardCo, where we’ll break down practical AI tools that can help you save time and improve efficiency – without the overwhelm.

It’s true.  Small and medium-sized builders can use AI to handle repetitive tasks, saving you 6-8 hours per month. With AI demonstrations, see how practical use cases can immediately impact business processes—all without technical expertise.

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How building pros use cost-plus contracts in uncertain markets https://www.buildxact.com/au/blog/cost-plus-contracts/ https://www.buildxact.com/au/blog/cost-plus-contracts/#respond Thu, 10 Apr 2025 19:14:49 +0000 https://www.buildxact.com/us/?p=26453 For many, cost-plus contracts lie outside the norm. Learn how they can help home builders as costs rise and supply-chain hiccups persist.

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Navigating economic uncertainty isn’t new to the home construction industry. Just five years ago, during the pandemic, builders contended with supply chain constraints and keeping crews safe on the job site. Today, amid rising home prices, low inventory, labor shortages and tariffs, builders find it hard to be optimistic.

“Builders continue to face elevated building material costs exacerbated by tariff issues, as well as other supply-side challenges that include labor and lot shortages,” said Buddy Hughes, NAHB Chairman.

This new reality highlights the urgency to pivot from the norm, particularly for builders developing home-building contracts. As costs rise and supply-chain hiccups persist, traditional agreements may fail to address unpredictable variables. Staying afloat and thriving in a turbulent market can be tricky as these challenges mount.

A cost-plus contract is a strategy to consider. Cost-plus contracts provide flexibility for your business and enable you to navigate economic uncertainty while maintaining customer transparency.

Let’s examine cost impacts

Understanding the cost impacts in an uncertain market can be challenging. Material costs and labor shortages associated with a contract-price contract can strain your profit margins and potentially jeopardize project timelines and customer trust.

We’re examining the cost impacts and how to boost profits for small builders.

Rising Material Costs: Leaders of global markets are discussing import tariffs that could impact lumber and steel, with the U.S. focused on tariffs primarily from Mexico, Canada and China. Tariffs on building imports make it increasingly challenging to predict project costs accurately. According to NAHB members, the tariffs will increase material costs in the U.S. from $7,500 to $10,000.

Labor Market Volatility: Labor shortages have plagued the industry for the last two decades and will persist. Skilled workers have been in short supply as demand for housing continues to rise. Couple this with the workforce aging, and we are experiencing the perfect storm — increased labor costs and longer project timelines.

Tie to Contract-Price Risks: Contract-price contracts have been standard in the industry, but they can become a liability in today’s unpredictable economic climate. A contract-price contract means that the builder (you) is locked into an agreement and will bear full responsibility for the costs and losses arising from fluctuating material and labor costs. There is zero flexibility — cost overruns or project disputes mean you bear the full responsibility.

How cost-plus contracts work in home construction

A cost-plus contract provides a straightforward model for home construction and an effective pricing strategy for small builders. It guarantees that your customers cover the incurred costs—materials, labor, and other expenses—along with a fee. The fee can either be a contracted amount agreed upon in advance or a percentage calculated based on the total project cost.

For example, let’s use the latest median home price of $357,000 (according to Zillow) to determine how a cost-plus contract pencils out.

Actual costs

  • Materials: $200,000
  • Labor: $120,000
  • Other expenses (permits, utilities, etc.): $10,000
  • Total costs: $330,000
  • Fee
  • Percentage: 8% = $26,400. Total price is $356,400
  • Fee: ~$27,000. The total price is $357,000

As mentioned above, if material prices increase from $7,500 to $10,000 due to tariffs, you will still be compensated and not absorb these unpredictable increases. By displaying the adjustments on itemized invoices, you are being transparent and building trust with your customers.

A percentage—or fee-based structure has its pros and cons. A contract fee offers more predictability, while percentage-based fees provide flexibility and scalability.

Let’s offer some practical tips

Cost-plus contracts help builders navigate economic uncertainty, but not without thoughtful execution. Implementing a cost-plus contract can ensure a smoother experience for you and your customers. Here are four essential tips to assist you in making the most of a cost-plus contract.

Set Clear Terms: Clearly define what the “plus” means. Is it a contracted fee or a percentage? Consider adding a Guaranteed Maximum Price (GMP) clause. This GMP clause will limit the overall project cost while maintaining flexibility. This approach offers peace of mind for your customers while protecting your margin.

Communicate Early and Often: Be clear on why you’ve implemented a cost-plus contract for your customer’s project. While they may be aware of the tariff situation, they may not understand how this may impact their project and your business. It is a great time to inform them with real-world examples to illustrate how cost-plus contracts adapt to rising lumber prices.

Track Costs Diligently: Now is the time to invest in a reliable real-time system to track expenses. Tools like Buildxact create detailed estimates, manage budgets, and log expenses efficiently. Share updates with your customers so they can see them firsthand, supporting the benefits of cost-plus contracts.

Pair with Technology: Buildxact was founded on the principle of simplification. You can generate precise and detailed estimates for a cost-plus contract and adjust project budgets dynamically as costs fluctuate. At the same time, you’ll enhance your overall efficiency, improve communication, and maintain customer transparency.

Cost-plus contracts offer greater flexibility and transparency, making them well-suited for today’s unpredictable economy. Compared to contract-price contracts, which provide upfront cost certainty for budget-conscious customers, they can strain builders in an unpredictable economy.

Choosing between a contract-price versus a cost-plus contract offers advantages and challenges. In a volatile market, contract-price contracts fall short for builders who face economic uncertainty, unpredictable material costs, and labor shortages.

Cost-plus contracts provide a flexible, transparent and adaptable approach to today’s economic uncertainty. Cost-plus contracts ensure that you can complete projects successfully and within budget.

How Buildxact helps

In an uncertain market, it’s best to communicate clearly to customers about the possibility of price increases. There’s no better way to do this than by using cost-plus contracts.

Buildxact is designed for builders and trades who need help with cost-plus billing. With Buildxact, builders can setup cost-plus once they win the job. They set up cost-plus along with a markup percent before beginning the job. As the builder progresses through the job, customer invoices are generated from the creation of purchase and work orders.

The key to invoicing with cost-plus is the ability to change the markup for individual work orders and purchase orders based on current market conditions. As a job progress over weeks and months, builders find this financial flexibility useful for protecting a job’s profit margin.

Build stronger connections with Buildxact

Buildxact is your secret to beating the competition and staying profitable during uncertain economic times. It is a dependable tool for clear, organized and professional customer billing.

Buildxact is a centralized platform that enables you to share real-time project updates, budgets and schedules with clients, fostering trust while showcasing transparency. To see how cost-plus job management works with Buildxact, start a free trial and experience Buildxact for yourself.

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Strong professional networks combat economic uncertainty https://www.buildxact.com/au/blog/build-pro-builder-networks/ https://www.buildxact.com/au/blog/build-pro-builder-networks/#respond Tue, 11 Mar 2025 18:34:33 +0000 https://www.buildxact.com/us/?p=25962 Relationships matter and are key to thriving a shifting market. Learn how networking enhances your ability to source more advantageous pricing and opens doors to new projects.

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The construction industry is no stranger to uncertainty. Today, with the back-and-forth debate around tariffs, builders encounter significant challenges in managing material costs while keeping their quotes competitive. Tariffs on fundamental materials like lumber can disrupt supply chains, inflate prices and create nervousness regarding project budgets.

“Headlines about tariffs, immigration, regs, the economy and more can feel like incoming missiles, threatening to blow up your world,” said Craig Webb, president of Webb Analytics, who has been covering the construction supply industry for over 18 years. 

Navigating this uncertainty can be challenging, but for savvy builders, the circumstances also represent opportunity. The key to success during these times lies with the mastering of local and regional networking opportunities to secure a competitive advantage, win more work and achieve more stable pricing.

Relationships matter and are key to thriving a shifting market. Networking enhances your ability to source more advantageous pricing and opens doors to new projects, clients and other valuable insights.

Building strong connections in your local community gives you access to resources that transform today’s challenges into tomorrow’s opportunities.

 Let’s explore how the power of networking keeps you competitive.

The gateway to building strong, lasting relationships

Let’s face it: time away from your business is a challenge. Should a builder take time to network when it seems they barely have time for a weekend away with the family?

The time it takes to network may not pay off immediately, but in the long run the momentum your network generates behind lead generation will pay off. Successful builders understand that networking is an investment in their business and don’t let discouraging news pull them away from the long-term view.

“Often, suppliers retreat to their shell; ‘I don’t even listen to the news anymore,’ you’ll hear them say,” Webb added. “But this is precisely the time you should reach out and get as many outside ideas as possible.”

Here are several do’s and don’ts to leverage networking and boost your presence and growth in the industry:

The Do’s of networking

To help you navigate networking effectively, we’ve compiled a list of networking do’s that will make it easy for you to build meaningful connections.

  • Attend industry events and tradeshows  Look for local and regional construction conferences, tradeshows and events, as they provide excellent opportunities to connect with potential clients, suppliers and partners.

  • Professional associations. Consider joining a professional association that aligns with your business.
  • Use social media platforms. LinkedIn and Facebook both host industry-specific forums where you can connect with professionals. These forums are perfect for striking a topical conversation, sharing industry news and showcasing your expertise.
  • Develop relationships with suppliers and trades. Research and identify local suppliers through industry directories, trade associations and online platforms to create your supplier list. Assess their ability to meet your needs and participate in their events.
  • Use construction estimating software that allows you to connect with your favorite supplier’s online catalogs so that you have the latest material pricing and availability.
  • Engage in community activities. Participate in local community events to build a positive reputation and connect with potential clients and partners. Consider attending local festivals or fairs, charity or volunteer events, chamber of commerce gatherings, or sponsoring local sports teams or the Rotary golf tournament.
  • Follow up and stay in touch. Part of networking involves being proactive. Maintain regular contact with your network. Send follow-up emails, holiday greetings and updates about your projects. A thoughtful message holds significant value for the recipient.

“If you’re in Alabama, somebody in Montana might have an insight to help you survive and even thrive,” said Webb. “But those potentially lifesaving connections are possible only if you reach out and connect with others. Bad news travels faster than good, useful news, so you need to make an effort to find it.s

The Don’ts of networking

If you follow all the dos of networking, you are halfway to mastering the art of networking. However, there are some essential don’ts to consider and we’ve outlined them here. Don’t…

  • Avoid being overly aggressive. Focus on cultivating a genuine relationship and avoid being pushy or excessively aggressive when networking or finalizing a deal.
  • Neglecting your online presence. Keep your online profiles and company website updated and professional.
  • Ignoring small opportunities. Smaller local networking events can lead to valuable connections.
  • Forgetting to listen. While your needs must be heard, actively listening to others at networking events is equally essential. Understanding their needs and perspectives builds stronger, more meaningful relationships.
  • Overlooking the follow-up. We discuss the importance of follow-up in the Do’s section and failing to follow up with contacts may lead to missed opportunities. Always, always follow up after networking events to continue the conversation.

As you can see, many of these recommendations take time and don’t necessarily have immediate payoff. Networking requires patience, commitment and a long-term view of the success of your business.

Consider your business like a sports franchise. When you are networking, it’s like selecting draft picks that will payoff, not necessarily this season, but the next, and the next after that.

Effectiveness of digital marketing channels

Digital marketing is a powerful and highly effective tool for builders. It enables you to showcase projects and engage directly with your audience. Essential digital marketing platforms include social media, advertising and word of mouth—yes, word of mouth. Below, we’ve outlined how to approach each platform.

  • Social media. Earlier we talked about using social media to seek out industry forums. Social media also effectively showcases your projects, engages with your audience and builds your brand. Instagram, Facebook and LinkedIn are the most active places to do this.
    • Pros: cost-effective, broad reach, direct engagement with prospects and current customers.
    • Cons: requires consistent effort and content creation. For information on how to create content, see our blog, Small Home Builders Can Boost Business.
  • Word of mouth. Word of mouth is one of the most trusted forms of marketing, providing third-party credibility. Positive reviews and referrals from satisfied customers can boost your reputation and attract new business.
    • Pros: builds trust and credibility, highly persuasive.
    • Cons: relies on client satisfaction
  • Paid advertising, such as Google and social ads, quickly increase your visibility and generate leads. Ensure your ads are targeted and reach specific demographics and geographic areas.
    • Pros: immediate results, highly targeted, scalable.
    • Cons: can be expensive, requires ongoing investment.

Digital marketing strategies offer practical ways to reach your target audience and build a strong online presence, which can help you grow your business.

Continuing our analogy, if your business is like a sports franchise, digital marketing is the way to let your draft picks know you have a winning record.

Streamlining networking with software

Even the most organized person can find it challenging to manage networking effectively. However, using the right software tools can simplify networking and enhance efficiency. Leveraging the right technology means staying organized and easily tracking your connections.

“Building pros are always searching for easier, faster ways to do their work,” Webb said. “It’s why texting the lumberyard has replaced visiting or even calling the store. And it’s why builders increasingly want to buy online. The primary thing holding them back is that it still can be relatively difficult to do construction work online, what with challenges getting prices, finding products and even paying bills.”

How Buildxact helps

Buildxact is designed for builders and trades. It offers features like lead tracking, job  management and streamlined communication. The lead management capabilities allow you to organize prospects, track budgets and store client details in one place, keeping you connected and competitive. With Buildxact, you can focus on building connections while the software handles the logistics.

Build stronger connections with Buildxact

Buildxact is your secret to beating the competition. It is a dependable tool for clear, organized and professional customer communication. Our centralized platform enables you to share real-time project updates, budgets and schedules with clients, fostering trust while showcasing transparency. Improving your communications can nurture stronger relationships, reduce misunderstandings and enhance the client experience.

To see how our estimating and job management software platform can help you win more work.

Start a free trial and experience Buildxact for yourself

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