A Fencers Life- Lessons from the Trenches

Simon Davis

Small bite size lessons from Simon Davis - Fencing Business owner , installer, contractor- Business builder, entrepreneur. Simon shares lessons from the trenches on how he built a fencing business - endured the pain & suffering of loss & built a new fencing business model better than ever, all whilst on the tools , on the ground & in the office . Some are life lessons- some are practical , logical steps every fencer needs to know about , both on the front end of business and in the installation phase and the back end of business.

  1. 04/17/2025

    Fence Benchmarking Ad On

    The importance of benchmarks in trades like fencing – and how to use them to measure, manage, and grow your business.In this episode, Simon Davis breaks down why benchmarking is one of the most underutilized but powerful tools for trade businesses. From spotting red flags in your numbers to improving your quoting accuracy, benchmarks offer clarity, consistency, and confidence in decision-making.Whether you’re running a small crew or scaling up, if you’re not using benchmarks – you’re flying blind.Key TakeawaysSpot Strengths & WeaknessesBenchmarks show you where you’re excelling and where you need improvement (e.g., your gross profit margin vs. industry standard).Set Realistic GoalsUse industry data, not gut feelings, to set achievable and informed business goals.Make Better DecisionsWhether it’s labour costs or material use, benchmarks take out the guesswork.Track Progress Over TimeRevisit benchmarks annually to see if you’re improving or just staying busy.Build CredibilityFacts and figures give you confidence with lenders, clients, and new hires.Improve Job Costing & QuotingUse benchmarks to dial in your man-hours, waste rates, and job profitability.Timestamps00:00 – Introduction: Why benchmarks matter00:31 – #1: Identifying strengths & weaknesses01:00 – #2: Setting realistic, industry-aligned goals01:27 – #3: Making informed business decisions01:57 – #4: Tracking long-term progress and Kaizen02:24 – #5: Backing up your business with facts02:51 – #6: More accurate quoting & job costing03:10 – Final thoughts: Benchmarking is your dashboard🎧 Subscribe & Learn More at: www.theprofitablefencer.com📲 Follow The Profitable Fencer Podcast for more insights on growing a profitable fencing business.

    5 min
  2. 04/15/2025

    Episode 47 : The Importance of benchmarking for businesses

    In this episode, Simon Davis discusses the importance of benchmarking for businesses, particularly in the fencing industry. He explains how industry benchmarks can help business owners assess their performance, identify areas for improvement, and make informed decisions. Simon shares insights on financial ratios, labor costs, and operating expenses, emphasizing the need to understand where a business stands in comparison to industry standards. He also highlights the role of the ATO in using benchmarks to identify discrepancies in business reporting. The conversation encourages business owners to take a proactive approach to analyzing their financial health and making necessary adjustments. Takeaways Benchmarking is crucial for business success.Understanding industry benchmarks helps assess business performance.Comparing financial ratios reveals areas for improvement.Labor costs should be monitored closely to avoid overspending.The ATO uses benchmarks to identify potential tax issues.Business owners should regularly analyze their financial health.Using benchmarks can prevent costly mistakes in business decisions.It's important to stay updated with industry standards.Benchmarking can provide insights into pricing strategies.Invest time in understanding your business numbers. Chapters 00:00Introduction to Benchmarking in Business 04:31Understanding Industry Benchmarks 07:20Importance of Benchmarking for Business Decisions 10:30Key Financial Ratios and Their Implications 13:22Analyzing Labor Costs and Operational Efficiency 16:28Navigating ATO Regulations and Compliance 19:21Conclusion and Encouragement for Business Owners

    21 min

About

Small bite size lessons from Simon Davis - Fencing Business owner , installer, contractor- Business builder, entrepreneur. Simon shares lessons from the trenches on how he built a fencing business - endured the pain & suffering of loss & built a new fencing business model better than ever, all whilst on the tools , on the ground & in the office . Some are life lessons- some are practical , logical steps every fencer needs to know about , both on the front end of business and in the installation phase and the back end of business.