YOU OUGHTA KNOW BLOG

New Zealand is moving rapidly towards becoming a cashless society, with the majority of payments now being made through credit and debit cards. While this shift offers undeniable convenience for customers, it can impose significant costs on restaurants and businesses. Credit card processing fees encompass various charges, including interchange fees, assessment fees, and payment processor costs, all of which can impact a restaurant’s bottom line.

As New Zealanders await the formation of the 54th government after a whirlwind General Election, it’s time to explore the potential future of tax policies in the country. The election results show a turn to the right, with National and ACT gaining seats and New Zealand First re-entering Parliament.

As a construction contractor, you recognize the pivotal role that equipment plays in delivering efficient and high-quality project results. However, in today’s challenging market conditions characterized by labor shortages and economic fluctuations, acquiring and maintaining essential equipment can pose significant obstacles.

Estimating remodeling projects is a complex task that demands meticulous attention to various factors, including material costs, labor expenses, and project scope.

Building a construction company from the ground up is no small feat. While the global construction market is poised to reach $8 trillion by 2030, it’s essential to recognize the challenges and take proactive steps to ensure the success of your new construction business.

In the current real estate landscape marked by rising mortgage rates and limited inventory, the decision of whether to build a house or buy an existing one is more crucial than ever. Prospective homeowners face several considerations, such as costs, maintenance, and energy efficiency, when making this significant choice.

Efficient and accurate accounting is vital for the success of any hospitality business, especially for hotels and restaurants with various financial transactions and complexities. To help you effectively manage your accounting, we’ve compiled nine practical tips that empower you to stay on top of your finances and make informed decisions.

In the dynamic construction industry, pricing structures can be a challenging choice amid the ever-present complexity and uncertainty. However, open book pricing emerges as a beacon of trust, offering a foundation for strong client relationships.

As a residential construction professional, the approach to project completion is crucial. A well-organized and comprehensive punch list is the key to ensuring every detail is wrapped up satisfactorily. By following a construction punch list, you can eliminate sleepless nights spent worrying about overlooked tasks.

Are you overwhelmed by customer requests, staff inquiries, and tight profit margins? Discover how Standard Operating Procedures (SOPs) can rescue your construction business from chaos and improve your overall quality of life.

In 2023, we delve into the latest and most effective practices for materials management in the construction industry. This discussion addresses the well-known challenges within the supply chain and suggests viable solutions. When it comes to material management, continuous improvement is the key to success.

In the world of construction projects, the handover phase serves as the final baton pass in a relay race. Just as in a relay, it’s crucial to ensure a smooth handover without any mishaps right before the finish line. Unfortunately, this stage often encounters challenges that can lead to costly delays and decreased client satisfaction. In this guide, we’ll outline a variety of strategies and tips to help residential builders eliminate last-minute disruptions and achieve problem-free construction project handovers.