John and Peter are Directors of a building company which started from humble beginnings in 2015, building a few homes per year. They were building standard modern homes but wanted to expand their business into the high end and prestige homes market.
They were turning over $1-$2m with a profit of $100k, they were using a basic accounting system not utilising the job reporting system and also using spreadsheets to produce their job budgets. An inefficient way of operating and accessing information involved a number of steps and systems.
UNTIL SHOWED UP
Once we reviewed their business plan and operations all our recommendations were action which included the implementation of a construction ERP system. The system had the following benefits
The financial modelling we have performed with the Directors input suggest a doubling of the business within 2 years. The business have also purchased a number of properties in separate entities to the value of $2m.