77. Construction Financials Benchmarks With Jacob Oelofse

Professional Builders Secrets brings you an exclusive episode with Jacob Oelofse, an Executive Business Coach at APB. In this episode, Jacob discusses the importance of benchmarking your building company and how you can effectively track and analyse your metrics. INSIDE EPISODE 77 YOU WILL DISCOVER The importance of tracking financial benchmarks and how they can help improve your businesses performance How you can track these benchmarks using the SORCI report Financial metrics and benchmarks that building companies should track, and the tools and resources available to help them do it How benchmarking your building company can help identify your areas of improvement And much, much more. Listen to the full episode to learn how you can get a competitive edge in the building industry by understanding your building companies financial benchmarks. ABOUT JACOB OELOFSE Jacob joined the APB team in 2021 when he moved his family from South Africa to Sydney. Jacob has coached hundreds of building company owners over the last 15 years. He enjoys stakeholder relations, financials and risk, sustainability, growth, marketing, and maximising profit margins in a company. Connect with Jacob: linkedin.com/in/jacob-oelofse/?originalSubdomain=au TIMELINE 3:35 Why benchmarking is important to builders and what they should focus on 7:17 How can building companies benefit from effective financial benchmarking? 9:15 What financial metrics should builders track? 10:48 What tools and resources can help builders store and analyse metrics? 18:31 How often should benchmarks be reviewed? 25:30 How many clients or members are getting their benchmarks right? LINKS, RESOURCES & MORE APB Website: associationofprofessionalbuilders.com APB Rewards: associationofprofessionalbuilders.com/rewards/ APB on Instagram: instagram.com/apbbuilders/ APB on Facebook: facebook.com/associationofprofessionalbuilders APB on YouTube: youtube.com/c/associationofprofessionalbuilders Join the Professional Builders Secrets Facebook group for builders & connect with professional builders world-wide: facebook.com/groups/builderssecrets