In an era where the Australian building industry faces unprecedented challenges, with a significant uptick in business collapses, we aim to stand out as a beacon of resilience and reliability. Amidst growing concerns over the financial viability of construction firms, Wollongong Granny Flats's commitment to operational excellence and financial prudence is why our clients can buy with confidence.
Grim Stories Across Construction Due To Bad Or Greedy Operators
Recent reports have painted a grim picture of the building sector. Nearly 28 per cent of all business collapses in 2023 were in the construction industry*, culminating in the liquidation of several high-profile companies. Recent news articles about the collapse of Cubbits*, a granny flat company that had some operations in our region, have left their clients out-of-pocket and made our potential clients wary.
We are publishing this article to share some important information with our community. The first is that Wollongong Granny Flats is not, and has never been, associated with Cubitts. Further, we are proud to be able to share that we have designed our business with the same high quality that we design and build granny flats. We have strong business governance, limit our monthly client intake to avoid over-extending our resources, and refrain from participating in price discounting battles to win new clients because we will never risk compromising the quality of our granny flats or the financial stability of our business, which will ultimately cost our clients. This means we may remain smaller than other businesses, which is OK with us.
Our Business Is Engineered and Designed Like A Quality Building
At its core, Wollongong Granny Flats' strength comes from being a local, independent operation. We focus solely on designing and building granny flats within our region. From Day 1, we made sure that we created a streamlined, financially prudent business specifically because we wanted to avoid the risks and mindless chasing of growth seen by franchised operations and bigger builder businesses. This local focus, coupled with a commitment to remaining independently owned and operated, also exists because we want to protect our ability to offer clients a personalised and highly responsive service.
Financial Stability Comes First. Never “Growth At All Costs”
Our priority of being financially stable is not a matter of chance but the result of meticulously designed operational procedures. We limit the number of clients we will take on monthly because we will not risk overextending our finance facilities or cash flow. Also, we are not a discount-driven business because it undermines our ability to deliver high-quality granny flat builds with the financial stability our clients demand.
Governance Core To Our Business
We operate with the management governance of a much larger business, leaning on the expertise of our board of directors and financial and business advisers. We manage expense commitments through a strict purchase order process. Transparency is a cornerstone of our operations, with monthly board meetings that include external accountants and business advisers to review and attest to the company's financial well-being.
Leadership and Experience
The leadership at Wollongong Granny Flats is distinguished by extensive experience and a visionary approach to business management. The General Manager is Jack Plummer, with over 20 years of experience in property management with and including Sydney Trains & Sutherland Shire Council. The head builder is Jack's son, Jackson, a craftsman in his own right. They are a formidable father-son team.
Recognising the importance of operational excellence and the highest quality in their projects, Jack and Jackson deliberately separated business management and building management upon creating WGF. This strategic division ensures that the quality of business operations is held to the same high standards as the exemplary granny flats they construct. This foresight in structuring the business underscores Wollongong Granny Flats' unparalleled commitment to delivering superior products and a seamless and trustworthy customer experience.
Excellent Credibility With Suppliers - Read These Letters Of Reference
We work with a wide range of suppliers, and in keeping with our prudent financial management, we pay on time and in full. We are “old school” because we do not like carrying debts or IOUs. We pay within the terms and stop spending if we are projected not to cover existing costs. We strongly encourage you to read the attached letters of reference below from our suppliers and trade partners. We can supply many more and direct reference contacts at your request.
Community Trust and Testimonials
The confidence in Wollongong Granny Flats is echoed in the voices of its clients, with numerous positive reviews on platforms such as Facebook and Google. These testimonials speak volumes about the quality of work and the level of customer satisfaction that Wollongong Granny Flats consistently delivers.
We're Here To Answer All Your Questions About Financial Stability
We understand that many clients rightly demand more transparency in this time of uncertainty for the building industry, which either inexperienced, greedy or incompetent operators have let down. From the beginning, we designed Wollongong Granny Flats on the principle of growing sustainably and never over-extending ourselves. With our solid foundation of financial prudence, local expertise, and unwavering commitment to quality, we are ready to meet the needs of our clients with integrity and professionalism.
For those seeking to build a high-quality granny flat in these challenging times, Wollongong Granny Flats offers a service and a partnership built on trust and proven success. We're here to answer all your questions about this topic and any others you may have.
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