Jun 16, 2022
Preparing your construction business for the potential storm
Over the last few months, there has been plenty of coverage in the press of the construction industry's challenges. In today's episode, we discuss what business owners need to be aware of and go over the six factors impacting the industry, which were recently highlighted in an NZ Herald Article.
Inflation
Shortage of materials
High Volume of construction
Shortage of labour
Challenges getting access to finance
Ongoing impact of the pandemic
https://www.nzherald.co.nz/business/the-front-page-six-factors-leading-to-perfect-storm-in-the-building-sector/F27OO3UQUGXBFGYZV75IRWGM3M/ (The Front Page: Six factors leading to perfect storm in the building sector - NZ Herald)
Joining Dave and me today is Rhona Lovell, our Business Partner based in the Wairarapa. Rho has worked with many clients in the construction industry, but alongside this, her husband runs a successful building company. Rho shares her insights and ideas for business owners on what they can do to overcome the challenges they face.
When businesses face these challenges, you must know you are not alone. There is plenty of support out there, and your accountant is one of those people you can lean on
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