Helping you keep your construction business on track

Recent years have been tough for Aussie construction. But there is some light on the horizon that spells out a potentially brighter future for the building and construction sector.

The most recent Xero Small Business Insights results for September 2025 revealed a great previous quarter for construction. Sales grew 6.6% year on year (the largest rise in two years) and jobs rose 3.9% (the second strongest industry this quarter and the best result in two years).

This is excellent news for your business and an opportunity to review your strategy.

Three key ways to improve the future prospects of your construction business

1. Optimise your cash conversion cycle

Cashflow is one of the most difficult areas to control in a construction business.

To improve your cash position, submit progress invoices at regular points throughout the build and negotiate shorter payment terms with your clients. Make sure you have the sales revenue coming in on a regular basis to cover those all-important overheads, like raw materials, equipment hire and the high costs of labour and contractors.

2. Start costing your jobs in real-time

Working out the costs for a job on the back of an envelope just doesn’t cut it.

Start comparing your actual labour and material costs against quotes for every single project, and do this regularly so you know exactly how you’re tracking against your budgeted goals. This gives you the foundations for more realistic quotes and project budgets in the future, allowing you to forecast cashflow and revenue far more accurately.

3. Systemise your operations in the cloud

Keeping track of project goals, invoicing and budgeting is far easier to do in the cloud.

Having cloud-based project management and finance software is a major bonus, helping you reduce the time spent on administrative ‘red tape’, managing your staffing and subcontractor compliance and keeping on top of the financial management of all your current projects.

Construction is an industry where having tight control over your cashflow and finances can make the difference between a successful project and a loss-making job.

Come and talk to our team about key strategies and support that will secure a more stable future for your construction business.