The construction industry in Australia is worth over $360 Billion and accounts for around 9% of Australia’s GDP. In 2021, there were 1,160,700 people employed in the industry and projections indicate that figure will reach 1,263,900 by 2025. Over the next five years, the construction industry is projected to grow by 2.4%. The majority of construction businesses are sole traders or very small businesses with less than 20 employees (National Industry Insights).

For these small businesses, it is becoming increasingly more difficult to compete with larger firms. These bigger players have more resources to put towards increasing their efficiency, especially in technology. This leaves the small businesses in a tough spot. As the bigger firms become more competitive, they cut away the market share of the smaller firms, who now have fewer resources to invest and keep up.

In this article, I will look at 3 of the common challenges faced by the small construction business, what SafeWorkPro can do to overcome them and how SafeWorkPro will help you create more profit from your work.