Insights For Contractors and Builders
We regularly share real insights from the front lines of the construction industry, drawn from hands-on experience, honest feedback, and what actually works.
You won’t find theoretical sugar-coated advice here, just the hard truths Contractors and Builders need to grow. If you’re ambitious, open-minded, and serious about building something meaningful and profitable, you’re in the right place.
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The tiniest CRA requirement that will cost you
Massive CRA Penalty I received an email from a new client a few months ago. The client runs a painting company. Not a huge operation. A couple of employees. He’ll do close to $1M this year. The email had a scanned CRA with a large penalty. But not for GST/HST or...
The Hidden Margin Killer Sitting in Your Inbox
All of us are getting gut-punched every day at the pumps. Most of us are paying 20% more than we paid 2 months ago for fuel. Some as high as 30%. The increased cost at the pumps is not hard to miss. It’s in our face. But there is another cost that many fixed-price...
A Precision Financial Plan In 20 Mins
My buddy is an MMA fighter. And he’s scary as hell. He wears a shirt with a Mike Tyson quote that, according to him, perfectly explains the chaos of fighting. The best fight plans fall apart the moment you get punched. Fighting is all about reacting and adjusting. The...
Three Ways To Guarantee A Failed Hire
Last week, I ran a workshop with Randy Rosales from Freelance Latin America. His company provides virtual assistance to businesses across Canada and the United States, and he has 102 active virtual assistants. He knows what it takes to onboard and leverage a virtual...
When can you stop hiring on the cheap?
My dad could fix anything. And when I turned seven, I became his helper. When he had to fix the dryer again or change the brakes on our van, I had the important job of holding the flashlight. I loved working with my dad. I was helping 'fix' something. But after 4 mins...
Saving A Few Bucks But Missing Thousands In Profits
A typical profit and loss statement is the worst way to review your business results. That's something that you won't hear from most accountants. In fact, most accountants will die on a hill to ensure the sanctity of the income statement is not defiled. But the truth...
A Swiss Army Knife to do what?
I was a Boy Scout growing up. Our troop spent a lot of time in the Rocky Mountains. The only tool a 12-year-old boy needed to traverse the woods was a Swiss Army knife. A tool to do everything. It was lightweight, cheap and could do everything. With the serrated saw,...
It’s not the profitable ones that matter the most.
I played a lot of team sports growing up. Soccer, basketball, football. How to win is pretty straightforward. Finish with more points than your opponent. If you screw up one possession, no problem. You can try again next possession. In many cases, a few big plays can...
You need to do this today, to make tomorrow better.
You may not want to hear this, but you need to start planning for next year today. Now, before you tell me to **** off, keep reading. Many contractors avoid planning in their business. Not because they think it's a waste of time. Those same contractors who avoid...
It May Look Like Growth, But It’s Not
In 2015, my wife and I bought a bungalow in an up-and-coming neighbourhood. Great location, but the house... well, it had personality. A neighbour told us the original owner was a handyman who built the place in the 60s using leftover materials. The result? A poorly...