Creating a profitable business is never easy.
In the construction industry, there are many factors working against you. From fierce competition to high start-up costs, it’s easy to see why 90% of startups fail in their first year.
Fortunately, there are plenty of ways you can give your company a head start on the road to success.
One emerging area that’s gaining attention for its business-boosting potential is software. By investing in the right technology, you can create a modern construction company that’s built to thrive.
Why use software in construction?
By now, most builders and remodelers understand that software can change the way their businesses run. But what exactly can you expect?
Simplify sales processes
Did you know that 68% of businesses struggle to generate leads? Service is important, but without sales, you can’t show off your high-quality work. This is where sales-supporting software can transform a construction company.
The right software makes finding leads and turning them into paying clients much less of a headache. Buildertrend’s sales management software helps you:
- Gather and organize your leads
- Easily create proposals
- Use email templates for quick communication
The entire process of enticing new clients is made simpler. Your business communications look more professional, too, creating personalized, branded marketing without a need for professional expertise.
Streamline finances
Nowadays, you don’t need an accountant to get your finances in order – just some smart software.
At Buildertrend, our easy-to-use technology allows for quicker estimate calculation, budget creation and sending and processing of invoices. You don’t need a firm grip on the ins and outs of accounting, and tedious administrative tasks are automated to free up more of your time. Use this software alongside our secure, contactless payment system for seamless payments and financial tracking on the go.
Manage projects
One of the most time-intensive tasks for builders and remodelers is project management.
Staying on top of progress and ensuring quality of work is time-consuming but essential. With the help of software, you can keep a close eye on all of your construction work from start to finish.
Share information with the entire team through Daily Logs, create Change Orders on the go to avoid missed payments and create shareable Schedules to keep work on track. It’s management made easier.
Communicate seamlessly
Construction management software allows you to connect your team and clients in one place.
Allow subcontractors to discuss project developments and give your clients a direct point of contact to different members of your team. Share important documents quickly and securely and respond to messages in an instant for unbeatable customer service.
When should you invest in construction management software?
Technology has never been as widely accessible as it is right now, making it an option for almost every business. With payment plans that help spread the cost over months or years, you can ensure it’s affordable for your company, too.
So if you’re wondering when to invest in software – the answer is right now!
By doing your research and finding reliable software that’s tailored to the construction industry, like Buildertrend, you’re likely to see the benefits quickly. You can cut costs by automating tasks, streamlining business processes and building your brand image.
Some obvious signs that it’s time to invest in software include:
- You’re losing leads or not finding enough clients
- Communication across your organization is slow
- Your current systems fail frequently
- You’re struggling with the volume of work you have
- You’re spending too much time on administrative tasks
- Documents and files are frequently lost
Using software to scale your construction business
Software is a fantastic tool for improving your business processes. But it’s also essential if you’re looking to grow.
The right technology will give you and capabilities to take on more clients without harming your quality of service. You can add more jobs to your schedule and take on more staff to manage them, all while giving each project the attention it deserves.
By improving your processes, you increase construction efficiency and reduce errors, creating more time to move projects forward. Automating repetitive tasks, such as invoicing, allows your staff to work on higher-level tasks, while communication tools and customer portals allow for speedy communication. All of this means a higher workload without decreasing quality.
Software can also facilitate growth without the need to invest in a larger office space. With documents being made, shared and stored online, filing cabinets and huge printers are a thing of the past. You can scale your business from your own living room if you so choose.
The right technology grows with you, ensuring you create the foundations for an adaptable, high-quality service for decades to come.
The role of software in business success
The best platforms can wear a number of different hats.
They provide you with a touchpoint for sharing plans with your architects, allow you to invoice clients online and automatically send out emails when a lead shows interest. They also allow you to reduce human errors and improve efficiency.
Without software like Buildertrend, you risk your company getting stuck in the dark ages. Clients expect convenience these days, and regardless of the additional benefits, that should be enough to get you on board with construction software.
In the modern world, software isn’t a maybe – it’s a must. If you’re interested in investing in reliable technology for your business, be sure to schedule a demo with our team here at Buildertrend.
