This article builds upon our previous Melbourne Growth Corridors blog titled "Where the Work Will Be and What It Means for Your Business," shifting the focus to areas that are likely to stagnate or decline through 2027. As the business coach trusted by Melbourne owners, I will guide you through the suburbs where demand is cooling, explain the practical implications for your profit margins and workforce, and demonstrate how small business coaching in Melbourne can help you avoid potential pitfalls. I’m Ashley Thomson, founder and managing director of Tenfold Business Coaching. Over the past 20 years, I’ve worked as a ...

Greater Melbourne’s population is set to grow by more than 100,000 residents each year. This surge will drive demand for new homes, infrastructure and commercial projects. For owner-operators in manufacturing, wholesale and construction trades, partnering with Tenfold Melbourne Business Coaching to pinpoint where and why this growth is occurring will be the difference between treading water and riding a wave of profitable opportunity. Melbourne’s Growth Corridors: An Overview Victoria’s Growth Corridor Plans provide high-level integrated land use and transport strategies for four metropolitan corridors over the next 30 to 40 years. These plans guide housing, employment zones, town centres, open ...

If your plumbing business is growing but your profit margins are not keeping pace, you are not alone. Many owner-operators find themselves working harder without seeing the financial results they had hoped for. The good news is that you do not need to use complex technology or expensive software to make smarter decisions. With the free version of ChatGPT, you can turn strategic advice into practical, day-to-day actions that help to improve your bottom line. I’m Ashley Thomson, a plumbing business coach at Tenfold Business Coaching. I work with established trade businesses across Australia to help them grow sustainably and ...

If you are an electrical contractor looking to grow your business in the years 2025 to 2026, you have probably already begun thinking strategically about which commercial jobs will provide the best return on your investment. However, having a strategy alone is not sufficient. To turn smart choices into greater profits, you need to translate that high-level advice into everyday actions. That is where artificial intelligence tools come into play. When used effectively, these tools can help you streamline your operations, enhance your decision-making processes, and free up valuable time so you can focus on expanding your business. I’m Ashley ...

The upcoming year is expected to bring about a considerable shift in the Australian commercial construction industry. While there is currently a slowdown in private retail projects and office developments, there is also a noticeable increase in projects within the public sector and utilities. By focusing your efforts on the most promising segments of the market, you can enhance your revenue and profit margins without excessively straining your workforce. I’m Ashley Thomson, an electrical business coach at Tenfold Coaching, where I work closely with contractors to help them achieve sustainable growth and increased profitability. As a seasoned electrician business coach, ...

If you are running a growing construction business in Australia, you've probably noticed that the market no longer looks the same. You might have had a few clients ask for smaller homes with more efficient layouts, or perhaps you've noticed a shift in the types of enquiries, with more interest in dual occupancy builds or townhouses and less in sprawling family homes. You're not imagining it. The demand for residential construction is changing, driven by some significant demographic shifts across the country. As a construction business coach in Australia, I work with builders across the country who are navigating these ...