£££ LOST, Delays & HMRC Fines! here's how we sorted it

Описание: 💸 Money lost, construction delays, HMRC penalties and an architect's design that can't actually be built! Just another week running a growing building company! 🏗️

Welcome back to Builders Diary, where I take you behind the scenes of Greenwood Design & Build and show you the reality of running a construction and property development business.

This week has certainly tested us, but as always, we find a way through!

🏗️ PLYMOUTH GROVE DISASTER
Our architect's raft foundation reinforcement design has caused major problems. The reinforcement supplier says the design isn't achievable, the architect goes on holiday and I'm left with three lads who can't get on with the job. That's wages going out with nothing coming back in!

👷 CONGLETON ROAD PROGRESS
We move the lads across to our other new build, get the reinforcement cages installed and successfully pass our Building Control inspection. I even spend a day back on the tools, not because I have to, but because I actually want to! but discover the Drains connection we thought we had doesn't exist!

💸 HMRC FINES & THE HIDDEN TAX
Despite paying my VAT on time, I've received a late payment penalty from HMRC. I also discuss the billions collected through penalties and interest, and why I believe these charges are becoming another hidden tax on businesses already under pressure.

🏡 A NEW PROPERTY DEVELOPMENT OPPORTUNITY
I visit a potential development site that came through someone I met networking years ago. One bungalow doesn't make financial sense, but could building two turn it into a profitable project?

🔨 PROPERTY PORTFOLIO UPDATES
We're tackling the remaining damp staining at Penkhull New Road, another empty rental property finally has tenants, and we're keeping our existing customers looked after.

🏢 OUR NEW HEADQUARTERS
Work continues on our new premises, but I'm starting to realise the true cost of investing in your own business. Not only are you paying the lads to improve your property, you're also losing the profit they could have been earning on customers' jobs.

It's a double financial hit!

A few years ago, a week like this might have made me want to scale everything back to just me, a van and a couple of lads.

But we've worked too hard to build what we have today.

After 31 years in construction, one thing I've learned is that problems are inevitable. What matters is how you respond, how your team pulls together and whether you can keep moving forward.

This is the real side of running a building business. No fancy cars, no overnight success stories, just the challenges, decisions and hard work that go into building something worthwhile.

👍 If you enjoy the video, give it a like.

💬 Have you ever had a week in business where everything seemed to go wrong? Let me know in the comments!

🔔 Subscribe to follow our journey as we continue growing Greenwood Design & Build and our property portfolio.

#BuildersDiary #TheBuilderInvestor #ConstructionBusiness #PropertyDevelopment #GreenwoodDesignAndBuild