Seven Mistakes That Cost Builders Thousands

Contractors and firms throughout the building and construction industry in Australia are losing thousands of dollars as a result of key mistakes in managing their business, a leading consultant says.

Addressing a Housing Industry Association conference in Melbourne last month, BizMasters chief executive officer Daniel Chante says most builders in Australia are good at what they do but some lack training in a number of areas of business and therefore do not make as much money as they should be able to.

Chante outlined seven key areas where builders could lift profits.

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