Over the last year there’s been a media storm around the alarming increase in substandard products and shoddy workmanship plaguing the construction industry. Many businesses are said to be taking on too much work, and in the competition to win contracts are operating with low and unsustainable margins, with some opting to use cheap, substandard products and low-cost labour to keep prices down.
Thriving during what's regarded as the longest and strongest growth phase in building activity in New Zealand history is one thing, but building a sustainable business to last beyond the construction boom is another.
Cloud-based software, collective buying power, as well as networking and training services provided by NZ Trade Group are all helping the country's trade businesses thrive in the current construction boom.
There is no scarcity of information showing that the demand for tradies and construction workers is higher than ever before. With the number of jobs in the trade sector increasing rapidly to meet growing housing needs, trade companies are being forced to find efficient ways that result in higher productivity rates.
NZTG is a nationwide membership organisation with over 120 trade businesses on board. They provide their members with cloud-based quote and job management software to optimise their operations, collective buying power through its supplier network and a host of services including business training and education. But it's the power of its collaborative networking that's grabbing the spotlight at the moment.
Who said conferences can't be fun for the whole family? Certainly not us! Our 7th annual NZTG conference in Fiji had it all - beautiful surroundings, sunshine, great friends and inspiring business ideas and products. 136 adults and 92 excited children attended this, our first, offshore conference and what a blast it was! We'd like to thank our members who made the commitment to participate and take the time out away from their businesses at this busy time. A massive thank you to J.A. Russell, HPM Legrand, Schneider Electric, Philips Lighting and all our preferred supply partners for your continued support of this annual event.
NZTG's Business Support Manager Jeremy Thornton has his say in the latest issue of NZ Construction News.
As pressure mounts on the trade sector and those in the subcontracting space in particular, with huge demand from contractors to take on jobs in the ongoing construction boom, it has never been more critical for trade business owners to step up to the task and run sustainable, professional businesses.