SERVICE
Margin Tracking For Builders
Predictable Profits. From Beginning to End.
Project costing, budget vs actual + bookkeeping
Software setup, integration + automation
Real time results and trusted advice.
THE UNCERTAIN PERIOD
This is where many builders get stuck.
You’re not large enough to have a full-time controller, and finance management in house…
But your builds are complex enough that you’re not quite sure where the margins are at.
You’re doing good work, but don’t know if you charging enough or if there will be any profit to pay yourself more or reinvest into your business.
Sure, you’ve got a bookkeeper, but they’re only handling the debits and credits.
You’ve got financial questions but they don’t know the answers.
- Can the cash in the bank be spent and what subs still need to be paid?
- What are our committed costs, not vendor invoices, but committed costs to date?
- Will the 28% gross margin hold to the end of the project?
- How did I miss that change order from the tile guy?
You’ve got three options to deal with this uncertainty:
1. Out of Sight,
Out of Mind.
This is the easy option.
Just don’t worry about margins and focus on getting the subcontractors in and out as fast as possible and keep the ‘cash flowing’.
This option puts
good builders out of business.
2. Track Everything Yourself.
This is the burn out option.
You spend 60 – 70hrs managing customers, subs and then spend hours updating spreadsheets in the evenings with incomplete data.
This option
burns out good builders.
3. Get Real Time
Margins.
This is the sustainable option.
You get weekly reports of budgets versus actuals with total committed costs to date. Your actual gross margins are available at any moment.
This option helps good builders grow sustainably.
At the end of the day, if you want to know and improve the margins for your builds, you have to track the right data.
But without taking the time to get the right systems in place, you won’t get that data and you’ll rely on guesswork.
WHAT If It ALL Just ‘Worked’?
Let’s just take a minute to imagine what it would be like if the financial systems and data just ‘worked’:
- Looking at project details is enjoyable. You open your computer on Monday afternoon (instead of Sunday) and get clean project details up to last Friday. You can see the committed costs for both of your builds, and can see you’re 1.7% over budget on build no.1 because a change order came in from the plumber on Thursday. You have the real time data to explain to the customer now, not during the walkthrough, why the plumbing costs more.
- You’re not glued to your bank balance. You know exactly how much money is coming in and going out over the next 30 days. You know which invoices are outstanding, which trades are due to be paid, and how that impacts your cash balance. You no longer worry about surprise overdrafts or calling clients for early draws. It’s all laid out week by week.
- You’ve already paid yourself. You set aside funds for tax, profit, and your own pay when each client payment comes in. Your builds are tracking at the expected 29% gross profit, and you’ve already transferred your monthly salary from the business. You’re not just hoping there’s money left. The profit you budgeted for is happening as planned.
And if it’s not apparent, this is exactly our aim at Strucs.
OUR Builder MARGIN TRACKING Service
Our Margin Tracking Service is specifically tailored for builders and GCs who want more financial control. And we’ve spent years figuring out how to get it right.
Here’s how we do it.
A Team And Systems For Builders
We have specifically designed systems to minimize the cost and time associated with real-time tracking. Our system is purpose-built for home builders who need clarity and control over their project profits
We integrate your systems with the best accounting tech and a team of highly trained bookkeepers and construction accountants to give you visibility into every project’s financial health.
Whether you’re mid-frame or finishing up trim, you’ll always know your committed costs, current margin, and how you’re tracking against budget.
Change orders, supplier invoices, and labour costs are logged accurately and on time, so there are no surprises at the end of the build.
We don’t just give you reports; we show you what the numbers mean and help you stay on top of your targets. From draw schedules to cost overruns, our system gives you the insight to make better decisions, faster—without waiting until year-end.
Streamlined Systems to Fit Your Company
Because we’ve already helped dozens of builders put this system in place, we know that this will reduce your work while increasing your long term vision and success.
Bottom line? We’re not just here to just keep your books and file your taxes. We’re here to build, organize and streamline your project financial ops for the long haul.
Here’s how it looks in real life:
- Real-time Cost Tracking. Looking at your committed costs once a month guarantees you’ll miss something. Our real time cost tracking system publishes your cost as fast as your team uploads receipts in the Strucs Hub. No holding on to receipts, losing file folders or missing a sub’s change order.
- Software set, sync and support. Our team ensures your systems are integrated with ours, so you don’t waste any time sending us data about jobs or subs. We integrate with Jobtread, so you won’t have to adjust your PM process. We’re also available for training and guidance for your team so the admin for these platforms is as painless as possible.
- Seamless Sub and Employee Management. We help you maximize your time and cash flow when it comes to paying trades and your employees. We automate the AP and Payroll processes, so only your approval is needed to issue payments.
- Project and Business Margins and Data. Our team delivers weekly project updates and monthly business overviews, so you are never left guessing when making decisions. You won’t have to wait weeks for your office administrator to pull the costs for your builds.
- Tax Filings and Workers’ Compensation. Our team ensures that all of your tax and legal obligations are handled on time. We’ve got you covered with the CRA and WSIB, WCB or Worksafe, so you won’t miss a deadline.
Ready to Explore if
Strucs
Can Help Your Company?
Don't worry, we won't judge your books by the cover. However, we might judge you for burying your head in the sand and not valuing yourself.
