Building information modeling (BIM) is quickly booming while the ICT and digitalization are developing. Still, the BIM implementation particularly for the SME (Small and Medium-sized Enterprises) firms like contractors in the building industry is not efficiently recognized and used. In fact, the SMEs mostly recognize BIM as just a tool to create a 3D model and are not aware of the technology, its implementation and challenges. Therefore, the main aim of this study is to introduce BIM, the factors and challenges related to implementing a basic practical adoption model to employ building information modelling technology for the SME contractors by introducing a basic, easy to implement, practical three-step BIM implementation framework, which can potentially increase their competitiveness and profit.