Podcasts about subcontractors

This episode is a re-run. It was originally published in March 2024.One mistake in construction can wipe out 20 years of hard work.It sounds extreme, but it happens every day.Rising interest rates, skyrocketing material costs, and a shortage of skilled workers are creating the perfect storm. On top of that, most contractors are blindly signing risky contracts that shift all the pressure onto them.If you're not negotiating smarter and protecting your margins, you're playing a dangerous game.In this episode, find out what's really killing construction companies and how the top 1% are protecting themselves while making more profit on every project. Listen up!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don't let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYtClick here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(1:44) - What is the problem in construction and why do so many construction companies end up going out of business?(3:16) - Most people lost a lot of money if they were locked into contracts(4:20) - How do we make sure that one false step isn't going to put us out of business?(5:41) - If you're not playing the contracts game, you're going to lose(6:28) - Construction is a game about longevityDISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.Follow our Socials and let's get connected! ⤵️⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

Every tradesmen knows the graft. You're stuck working longer and harder hours, but never really moving forward. You're still firefighting every day, spinning plates, moaning about your customers, complaining about babysitting your team, or scared of raising your prices. Maybe you feel trapped on the tools, convinced that no one can do the job as well as you. So you're doing everything yourself and burning out. Listen, the harsh truth is this…It's more likely that you're holding your own business back without even realising it. You are the bottleneck, you are the obstacle, and you are the hurdle in your own business.WHAT YOU WILL LEARN AND KEY ACTIONS FROM THIS EPISODE:1. Discover the ownership mindset that stops blame and fuels growth2. Learn to build a long-term vision instead of firefighting daily3. Master the abundance shift to attract better, higher-paying customers4. Drop the lone wolf mindset and instead invest into a pack of wolves5. Why comfort zones are killing your growth. Unleash your growth zone Listen to this powerful episode now. It could be the shift and change you need. Rise of The Trades Summit Tickets: ⁠⁠⁠⁠⁠Grab your ticket here⁠⁠⁠⁠⁠BECOME A MEMBER: Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Club and get instant access⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to live marketing training, business coaching, courses and a thriving community of professional trades. Guaranteed to help you to achieve time and financial freedom. JOIN OUR FACEBOOK GROUP: Join our free and thriving ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group and community ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLY TO JOIN OUR INNER CIRCLE: Apply to join our 12-month ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠business and marketing coaching programme ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LeadZilla - Marketing and Sales Software: ⁠⁠⁠⁠⁠⁠Start your 14 day free trial now⁠⁠⁠⁠⁠⁠ServiceM8 - Job Management Software: ⁠⁠⁠⁠⁠⁠Start your extended 28 day free trial and bonuses ⁠⁠⁠⁠⁠⁠WHO WE HELP AND SUPPORTAt the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

The general contractor, Hausmann Construction, and subcontractor, Leiber Construction, have settled their claims related to the Woodbury County Law Enforcement Center construction.

Eric Barstow graduated with an economics degree, seemingly destined for Wall Street. Instead, he stuck with the painting business he started in college—a side hustle that was already generating $110,000 a year while he worked only five to ten hours a week. Realizing the massive opportunity and low competition in the home service space, Eric leaned in. Today, he is the co-founder of National Painting Group, projecting $35 million this year, and runs Painting Business Pro. And guess what? He barely knows how to paint.Eric's entire model proves entrepreneurs don't need trade skills to build a multi-million dollar service business; they need systems. His strategy relies entirely on leveraging subcontractors—a method that fixes profit margins, eliminates liability, and perfectly manages seasonal slowdowns. He reveals his exact tactics for finding reliable subs (including his specific Craigslist and paint store strategies) and shares the "Phase Zero" marketing hustle needed to land your first customers, including his scripts for door-to-door marketing.He details his proven sales process, including how to use price anchoring and specific incentives to close deals on the spot, and breaks down the financial model required to maintain a 20% net profit margin. If you want to build a highly profitable business without ever picking up the tools, this episode is essential listening.Takeaways:- You do not need to be skilled in the trade to build a successful trade business; Eric is an awful painter, but he excels at building marketing, sales, and management systems. - Leveraging subcontractors instead of employees is the most efficient way to scale a service business, as it fixes your margins (fixed price per job), reduces liability, and allows you to scale up or down instantly with seasonal demand.- Find reliable subcontractors by posting ads twice daily in both the "general labor" and "skilled trades" sections of Craigslist, or by approaching painters in unmarked vans at local paint stores.- In "Phase Zero" (getting from $0 to stability), focus only on marketing that generates leads quickly, such as door-to-door sales and lawn signs. Avoid long-term plays like SEO or vehicle wraps.- A highly effective lawn sign strategy is placing them near high-traffic retail areas (like Costco or Whole Foods) on a Friday afternoon, as city workers are unlikely to remove them over the weekend.- Use "price anchoring" in your sales process. Before showing the contract, verbally tell the customer the typical price range for a job their size (e.g., "A house like this is usually about $6,000") to reset their expectations.- Create urgency and close deals on the spot by offering incentives that also benefit your business, such as a small dollar amount discount (never a percentage) if they sign that day or agree to take an urgent open spot on your schedule.- You should aim for a 20% net profit margin. A healthy budget allocates 50% to labor/materials, under 10% to marketing, 6-7% to sales, 6-7% to project management, and 7-8% to overhead.- The market size is irrelevant; success depends on implementation. Eric has clients doing millions in revenue in towns with populations as small as 27,000. - Build the business around your desired lifestyle from day one. By setting firm constraints (like working only 30 hours a week or never on weekends), you force yourself to build efficient systems rather than just working more hours.Tags:  Business Skills, Service & Consulting, Subcontracting, Marketing, Home ServiceResources:Grow your business today: https://links.upflip.com/the-business-startup-and-growth-blueprint-podcastConnect with Eric: https://paintingbusinesspro.com/

Clark Turner explores the delicate process of separating from subcontractors, completing a three-part series on subcontractor management with practical advice on how to handle difficult termination scenarios.• Creating exit strategies for subcontractors who aren't the right fit but produce decent work• Using thorough documentation to build a case when quality issues force termination• Taking specific legal steps when firing a subcontractor to protect your business• Preparing detailed emails outlining quality issues and warranty expectations• Handling property liens through bonding and negotiating settlements• Offering reduced payments in exchange for lien release waivers to avoid court battles• Maintaining professionalism throughout the termination process to protect your reputationJoin us at our upcoming retreat in Nashville, Tennessee! Sign up today to receive three free coaching sessions to finish 2025 strong and prepare for a successful 2026. Visit ContractorCuts.com for more information.Have a question or an idea to improve the podcast? Email us at team@prostruct360.com or text us at +1 (678) 940-5747 Want to learn more about our software or coaching? Visit our website at ProStruct360.com

Japan's Fair Trade Commission on Monday warned Yodobashi Camera Co. for inappropriately reducing payments to subcontractors commissioned to make private brand goods of the electronics retailer.

This episode is a re-run. It was originally published in March 2024.If cash is king, then cash flow is the empire. So why are most construction businesses still broke?Seven out of ten construction companies go under within ten years, and it is rarely because of poor workmanship. The real problem is tight margins, weak cash flow, and contracts packed with hidden risks.In this episode, we break down why most companies fail and what you can do right now to avoid the same fate.Tune in to learn how to fix your business model, protect your cash, and finally gain control of your construction future.Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don't let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYtClick here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(1:33) - The average margin is 5 to 15% and that typically in other industries would be considered a pretty low margin for a business to stay alive(2:22) - If cash is king, then cash flow is the empire that sustains its realm essentially(3:32) - If you've got low margins, one of the things that we see is that your relationship game is very poor(6:03) - The best business models that you can have, or the ultimate best business model is insurance companies(7:48) - When you do negotiate, it makes a massive difference to your risk profileDISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.Follow our Socials and let's get connected! ⤵️⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

Reach 6 Figures as a Bookkeeper - https://www.6figurebookkeeper.com/collective/ In this episode, we speak with Steph Nicholson — member of The Bookkeepers' Collective, ambassador, and our Bookkeeper of the Year — about moving from industry into practice, navigating practising licences, building confidence through community and networking, and a standout cashflow turnaround that saved 40 jobs. Steph shares candidly about grief, neurodiversity, and the realities of growing a practice that works around life. You Will Learn Ways to enter bookkeeping from industry and why that background can be a superpower. How Steph navigated practising licences (ultimately via IAB) and what services she can deliver under it. Practical paths to early clients (referrals + visibility) and confidence-building through subcontracting. How to find work experience: events, Collective connections, and subcontracting. Networking for introverts and launching a relaxed local group (“pints & prosecco”). Managing ADHD/perimenopause in business with boundaries and simple coping strategies. A cashflow case study: using tools and timing to protect jobs and rebuild reserves. ----------------------------------------------- About us We're Jo and Zoe and we help bookkeepers find clients, make more money and build profitable businesses they love. Find out about working with us in The Bookkeepers' Collective, at: 6figurebookkeeper.com/collective ----------------------------------------------- About our Sponsor This episode of The Bookkeepers' Podcast is sponsored by Xero. Get 90% off your first 6 months by visiting: https://xero5440.partnerlinks.io/6figurebookkeeper ----------------------------------------------- Promotion This video contains paid promotion. ----------------------------------------------- Disclaimer The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.

If you're frustrated with jobs going over budget, staff cutting corners, apprentices not listening, or customers constantly chasing you, it's not bad luck. It's leadership. Poor leadership creates chaos: good people leave, morale drops, mistakes pile up, and your reputation takes the hit. You end up stuck in the same stressful cycle, firefighting instead of growing your business. The harsh truth? Your business will only grow to the level of your leadership.WHAT YOU WILL LEARN AND KEY ACTIONS FROM THIS EPISODE:> Uncover 5 killer leadership mistakes that cause jobs to collapse, stall, and fail> Discover the hidden mistakes draining profit, damaging morale, and reputation daily> Steal proven strategies for motivating staff without endless stress or shouting> Learn how communication clarity prevents delays, wasted labour, and costly errors> How great bosses inspire loyalty, build strong teams, and unlock business growthRise of The Trades Summit Tickets: ⁠⁠⁠⁠Grab your ticket here⁠⁠⁠⁠BECOME A MEMBER: Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Club and get instant access⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to live marketing training, business coaching, courses and a thriving community of professional trades. Guaranteed to help you to achieve time and financial freedom. JOIN OUR FACEBOOK GROUP: Join our free and thriving ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group and community ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLY TO JOIN OUR INNER CIRCLE: Apply to join our 12-month ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠business and marketing coaching programme ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LeadZilla - Marketing and Sales Software: ⁠⁠⁠⁠⁠Start your 14 day free trial now⁠⁠⁠⁠⁠ServiceM8 - Job Management Software: ⁠⁠⁠⁠⁠Start your extended 28 day free trial and bonuses ⁠⁠⁠⁠⁠WHO WE HELP AND SUPPORTAt the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

https://www.cleanbiznetwork.com/Autom...

This episode is a re-run. It was originally published in March 2024.40% of construction companies are struggling with negative cash flow right now, and many are at risk of collapse.Rising costs and shrinking margins are hitting hard, but there are proven ways to protect your business.In this episode, we break down practical strategies to manage cash flow, avoid disputes, and stay profitable.Tune in now to get the insights top contractors are using to stay ahead.Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don't let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYtClick here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(2:12) - In real construction businesses, you don't have venture capital money and you need to rely on actual cash flow. Volume is vanity and profit is sanity(3:02) - The smaller the ego, the bigger the bank account(5:30) - In the last quarter, 40% of construction companies have negative cash flow(7:53) - New leaders want to know the tricks and tactics to implement. A leader wants to know strategy and advanced leaders want to know concepts(9:14) - Hire well and manage little and so how do you do that in your business?DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.Follow our Socials and let's get connected! ⤵️⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

If you're constantly exhausted, snapping at the family, and running on fumes, you're not alone. Most trades business owners think pushing harder is the answer. But in reality, overwork kills profits, damages your health, and leaves you trapped in a business that can't survive without you. Sound familiar? In this new episode, I share why time off isn't a luxury, it's essential for your headspace, profits and growth.WHAT YOU WILL LEARN AND KEY ACTIONS FROM THIS EPISODE:1. Uncover the 5 deadly time mistakes killing your motivation and burning you out2. Discover the 5 positive impacts taking time out has on you and your business  3. Steal our proven 5-step strategy to get your time, hobbies and life back4. Learn how to get more organised, more productive with a Default Diary5. The 5 areas of life and business I plan to achieve time and financial freedom Rise of The Trades Summit Tickets: ⁠⁠⁠Grab your ticket here⁠⁠⁠LeadZilla - Marketing and Sales Software: ⁠⁠⁠Start your 14 day free trial now⁠⁠⁠ServiceM8 - Job Management Software: ⁠⁠⁠Start your extended 28 day free trial and bonuses ⁠⁠⁠BECOME A MEMBER: Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Club and get instant access⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to live marketing training, business coaching, courses and a thriving community of professional trades. Guaranteed to help you to achieve time and financial freedom. JOIN OUR FACEBOOK GROUP: Join our free and thriving ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group and community ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLY TO JOIN OUR INNER CIRCLE: Apply to join our 12-month ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠business and marketing coaching programme ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠WHO WE HELP AND SUPPORTAt the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

Successful contracting businesses need strong partnerships with subcontractors and vendors, which starts with a proper onboarding process designed to create long-term, profitable relationships for everyone involved.• Two main categories: day-to-day crews (smaller operations handling labor) and larger vendors (established companies with their own processes)• Large vendors require basic information collection, W-9s, and Certificates of Insurance with your company listed as a holder• Smaller crews need in-person meetings in proper settings to establish true partnerships• Skills assessment helps determine what subcontractors can do profitably and enjoyably• Job timeline discussion explains pricing and profit structure transparently• Subcontractor agreements cover payment terms, on-site behavior, client communication protocols, and warranty expectations• Work orders should specify exactly what work is to be done, when to complete it, and payment amounts• Consider allowing a one-month trial period before requiring insurance• Proper documentation protects both parties and prevents misunderstandings• The goal is setting foundations for relationships that will last 10-20 yearsIf you're interested in getting help with your contracting business, reach out at ProStruct360.com or ContractorCuts.com to learn about coaching options and the upcoming planning retreat in January.Struggling to grow your contracting business? The Foundations Program is designed to help contractors break free from the chaos and build a business that runs smoothly. You'll get a customized training program, 1-on-1 coaching, and access to a full paperwork database—including contracts and the Client Engagement Agreement. Join the Foundations Program today!

In this engaging conversation, Sean and Catherine speak with Jonathan Moeller from Colorado Custom Covers and Decks about his journey in the deck building industry. They discuss the challenges and triumphs of custom projects, the importance of building trust with homeowners, and the evolution of his business from cookie-cutter decks to unique, high-end builds. Jonathan shares insights on project management, the transition to subcontractors, and innovative products that enhance the building process. The episode also features a fun segment called the Happy Hour Hot Seat, where Jonathan answers lighthearted questions about his preferences and experiences in the industry.

This Podcast Is Episode 642, And It's About How To Know If It's Time To Raise Your Rates Without Losing Clients A Practical Guide for Contractors Who Want to Stay Profitable—Without Scaring Off Business If you're like most small construction business owners, you've probably had this thought: "I'm working non-stop, but I'm still barely keeping up—should I raise my prices?" And then right after that, the fear kicks in: "What if I lose clients? What if no one can afford me anymore?" As construction bookkeeping specialists, we hear this frequently. Contractors are nervous to raise their rates because they worry it'll cost them jobs or damage their reputation. But here's the truth: Raising your rates isn't about greed—it's about survival. In this post, we'll guide you through understanding when it's time to increase your rates, how to do it without losing your best clients, and how your books can provide the data and confidence to price with clarity. Why Contractors Hesitate to Raise Rates Let's start with the everyday fears: "My clients won't pay more." "I'll lose out to cheaper competition." "What if I price myself out of the market?" These fears are common, but often based on assumptions rather than data. Low rates can hurt your business more than help it. They lead to: Burnout from overwork Poor-quality clients who expect a lot and pay late Inability to reinvest in tools, help, or marketing Projects that cost more than they bring in So let's flip the script. Instead of fearing a rate increase, let's explore how to raise with purpose—and use facts, not fear, to guide your pricing. 1. Start with Job Costing Before raising rates, you need to know one thing clearly: Are you actually making money on your jobs? Job costing is the process of tracking: Labor hours (including your own!) Material and supply costs Subcontractor fees Equipment and tool usage Permits, dump runs, gas, insurance A share of your overhead (office, truck, phone, software) Once you tally this up, compare it to what you charged. If you're seeing slim margins—or worse, negative ones—you're undercharging. Bookkeeper's Tip: Start by reviewing your last 5–10 jobs. Break them down into: Estimated vs. actual cost Hours quoted vs. hours worked Gross profit (before overhead) Net profit (after overhead) Even a simple spreadsheet can help you see which jobs are winners—and which ones need a pricing tune-up. 2. Watch for These Signs - It's Time to Raise Rates Still unsure? Here are seven signs it's time to raise your prices: 1. You're booked out for weeks (or months) This means demand is high, and your pricing may be too low. If people are lining up, a modest increase won't deter them. 2. You're working too hard for too little If you're exhausted, working weekends, and still not taking home enough, your rate is too low. Period. 3. You haven't raised your prices in over a year Material costs, fuel, insurance, and labor have all increased. If your rates haven't changed, you're likely absorbing the difference. 4. Your quality has improved Are you more skilled than when you started? Do you offer better results, smoother communication, or cleaner job sites? Then you should be charging for it. 5. You're attracting low-quality clients If you constantly deal with haggling, late payments, or poor communication, your pricing is attracting bargain hunters rather than quality clients. 6. Your tools, overhead, and team cost more Running a legit business costs money. If you're licensed, insured, and invest in quality, your rates should reflect that. 7. You're turning away work If you're saying no to jobs because you're too busy, that's a strong sign it's time to raise your prices and focus on higher-value projects. 3. How to Raise Rates Without Losing Good Clients You don't need to double your rates overnight or announce a price hike in bold letters. Here's how to do it strategically and professionally: A. Start with New Clients This is the easiest path. Quote your new price to new inquiries in the future. They won't know the old rate, so there's no resistance. B. Add Value, Not Just Cost When raising rates, remind clients of what they're getting: Better project management Faster turnaround Clearer communication Higher quality materials Insured and dependable work Frame your pricing as an investment, not just a fee. C. Offer Tiers or Packages For price-sensitive clients, offer a few levels of service: Basic (bare-bones scope) Standard (your usual full-service) Premium (extras like design, faster turnaround, etc.) This helps clients self-select based on budget without forcing you to underprice your work. D. Phase In Rate Increases If you work with repeat clients, give them a heads-up: "Due to rising material and labor costs, I'll be increasing my hourly/project rates starting [date]. I wanted to let you know in advance so we can plan accordingly." Most reasonable clients will understand, especially if you've consistently delivered value. 4. Use Pricing Psychology to Your Advantage Pricing is part math, part mindset. Here are a few tactics to make your price increases feel smoother: Avoid round numbers Instead of $1,000, say $1,175 or $3,950. It feels more calculated, not random. Anchor with options Show your higher price next to a more expensive (or less valuable) one. This frames your offer as the "just right" choice. Include a price breakdown. Show labor, materials, subs, overhead—so clients understand what goes into your rate. Be confident Clients can sense uncertainty. If you hesitate or over-explain, it creates doubt. Quote clearly and stand behind your values. 5. Track What Happens Next After you raise rates, keep an eye on: Win/loss rate (are fewer clients saying yes?) Job profitability (are you keeping more after costs?) Client satisfaction (any change in feedback or reviews?) Hours worked vs. income (are you earning more with less hustle?) Often, you'll find you're getting fewer clients, but better ones. And that's the goal: less chaos, more profit, and more control over your schedule. Final Thoughts You Deserve to Be Paid for What You're Worth You started your business to build freedom, not to be overworked and underpaid. Raising your rates isn't risky when data, systems, and experience back it. It's a sign of growth and professionalism. The right clients will respect it, and you'll finally start seeing the kind of income and balance your hard work deserves. Need Help Understanding Your Numbers Before You Raise Rates? As a construction bookkeeping specialist, we help contractors: Break down job costs Analyze profit margins Clean up financials Set pricing that actually works As we always say, Contractors like you deserve to be wealthy because you bring value to other people's lives. You don't need more jobs. You need the right jobs at the correct rate. Let's get you there. About The Author: Norhalma Verzosa is a Certified Construction Marketing Professional and serves as the Web Administrator of Fast Easy Accounting, located in Lynnwood, WA. She holds a Bachelor's Degree in Psychology and is a Certified Internet Web Professional, with certifications in Site Development Associate, Google AdWords Search Advertising, and HubSpot Academy. She manages the entire web presence of Fast Easy Accounting using a variety of SaaS tools, including HubSpot, Teachable, Shopify, and WordPress.

This episode is a re-run. It was originally published in February 2024.Why do some construction companies thrive for over 100 years while most barely make it past ten?It is not luck. It is not size.It is a repeatable system built around positioning, reputation, relationships, and contract management.In this episode, you will learn the four key strategies used by the world's most successful contractors and how to implement them in your business today.If you are tired of low margins, constant stress, and feeling stuck in no man's land, this one is for you. Tune in now!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don't let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYtClick here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(1:24) - Why is it these companies managed to last so long while seven out of 10 of the average construction companies go out of business within 10 years?(2:21) - The more expensive you make it, the more people want it(3:18) - The problem is most construction companies sit in no man's land(4:25) - If you have a bad reputation, you're not going to get work from people(6:01) - They understand the importance of negotiating their contract upfront to lower the risk and improve the terms so they can actually make more marginDISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.Follow our Socials and let's get connected! ⤵️⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

Whether you like it or not, you are the salesperson in your business.And chances are, you're losing work not because of price but because you're saying or doing the wrong things during your sales process.When a customer says it's “too expensive,” that's usually a cover-up. The truth? You've missed something they were expecting, or rubbed them the wrong way.In this episode, I'll show you how to fix that and become the ultimate sales machine for your business, even if you hate selling.WHAT YOU WILL LEARN AND KEY ACTIONS FROM THIS EPISODE:1. Discover the most powerful questions that build trust and win more jobs.2. Mirror their body language to build instant connection and rapport fast.3. Position them by hand holding and explain the next steps clearly to reduce doubt.4. How to make follow-up calls and stop leaving money on the table. 5. Learn to close sales and handle common objections like price.Listen now to 3x your conversion rate, win more work and make more profit. Rise of The Trades Summit Tickets: ⁠⁠Grab your ticket here⁠⁠LeadZilla - Marketing and Sales Software: ⁠⁠Start your 14 day free trial now⁠⁠ServiceM8 - Job Management Software: ⁠⁠Start your extended 28 day free trial and bonuses ⁠⁠BECOME A MEMBER: Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Club and get instant access⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to live marketing training, business coaching, courses and a thriving community of professional trades. Guaranteed to help you to achieve time and financial freedom. JOIN OUR FACEBOOK GROUP: Join our free and thriving ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group and community ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLY TO JOIN OUR INNER CIRCLE: Apply to join our 12-month ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠business and marketing coaching programme ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠WHO WE HELP AND SUPPORTAt the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

Sign up today! Visit https://www.cleanbiznetwork.com/certi...Join us in Clean Biz Network! https://www.cleanbiznetwork.app/Join this channel to get access to perks:   / @ajsimmonsonline  Schedule a 1 on 1 Consultation: https://calendly.com/ajsimmonsGet TubeBuddy to grow your YouTube channel! https://www.tubebuddy.com/pricing?a=a...Follow: @AjSimmonsOnline on Instagram   / ajsimmonsonline  Need Business Insurance? Click this link https://nextinsurance.sjv.io/Ea23K9Get Bookkeeping for your business! Click this link https://bench.co/?via=ajThank you for watching, subscribing, liking, sharing, and commenting!!!! How this content was madeAuto-dubbedAudio tracks for some languages were automatically generated.

Constrafor is revolutionizing how construction companies manage their back office operations, from procurement to embedded finance. With over $400 million in funding and 75,000 companies on their platform representing 25% of US construction companies, Constrafor has processed nearly $2 billion in invoice funding. In this episode of Category Visionaries, we sat down with Anwar Ghauche, CEO and Founder of Constrafor, to learn about the company's journey from addressing subcontractor payment challenges to building an invisible automation platform for construction's back office. Topics Discussed: Constrafor's origin story and the strategic decision to target general contractors first to access subcontractors The company's evolution from construction procurement platform to comprehensive back office automation Constrafor's approach to embedded finance and the Early Pay product for subcontractors The challenge of building in construction tech during COVID-19 and early customer acquisition strategies Distribution strategies that evolved from manual outreach to leveraging customer referrals The company's vision for invisible software that eliminates manual back office work for subcontractors Why construction remains a technology laggard and how margin compression affects software adoption GTM Lessons For B2B Founders: Turn industry warnings into competitive advantages: When mentors warned Anwar that subcontractors were hard to reach and general contractors were poor software buyers, he reframed this as validation. "Instead of taking it as a negative and kind of changing the idea, I took it as kind of validation that this is great. Just because nobody else was really going to try to go after the space." B2B founders should consider whether widespread industry skepticism might actually signal an underserved opportunity with less competition. Build an indirect go-to-market strategy when direct sales won't scale: Rather than pursuing expensive direct sales to thousands of small subcontractors, Constrafor sold to large general contractors at low margins to access their 300-400 subcontractors at once. This created a distribution channel that would have been impossible to build through traditional sales methods. B2B founders should identify intermediaries or platforms that can provide access to their true target customers at scale. Recognize product-market fit through pattern recognition: Anwar knew they had achieved product-market fit when they reached customer number 10-12 requesting exactly the same thing. "We didn't have to kind of study this whole thing from scratch as if we were dealing with it for the first time." B2B founders should look for the moment when customer requests become predictable and solutions become repeatable rather than focusing solely on revenue metrics. Prioritize sales team development over marketing in B2B: Constrafor crossed $1 million in annual revenue before building a marketing team, instead focusing on sales team structure and product-led lead generation. "We've tried to build out the product to generate the leads as opposed to having to rely on marketing for warming up the leads." B2B founders should consider whether their resources are better invested in sales infrastructure and product virality before traditional marketing efforts. Leverage unique data assets for thought leadership: With 25% market penetration, Constrafor began providing industry insights on insurance pricing, material costs, and project pipelines. This data-driven approach to content creation established them as a trusted voice in construction. B2B founders should identify unique data they collect through their platform and use these insights to build authority rather than creating generic educational content.   //   Sponsors: Front Lines — We help B2B tech companies launch, manage, and grow podcasts that drive demand, awareness, and thought leadership. www.FrontLines.io The Global Talent Co. — We help tech startups find, vet, hire, pay, and retain amazing marketing talent that costs 50-70% less than the US & Europe.  www.GlobalTalent.co   //   Don't Miss: New Podcast Series — How I Hire Senior GTM leaders share the tactical hiring frameworks they use to build winning revenue teams. Hosted by Andy Mowat, who scaled 4 unicorns from $10M to $100M+ ARR and launched Whispered to help executives find their next role. Subscribe here: https://open.spotify.com/show/53yCHlPfLSMFimtv0riPyM 

This episode is a re-run. It was originally published in February 2024.Most construction business owners live in quiet fear of going under, and they're not wrong to.Seventy-six percent say they constantly worry about shutting down, and the stats show 65 percent won't make it past 10 years.But what if the way out isn't scaling faster, but thinking differently?In this episode, you'll learn the mental model that helped cut through the noise, simplify decision-making, and flip failure into a smarter strategy.Listen now and discover how one shift in thinking could save your business from becoming just another statistic.Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don't let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYtClick here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(1:23) - Owners of construction companies live with the constant insecurity of going out of business(2:14) - Embrace the fear, the negativity, the complaints. Let them serve to improve you as a person and your construction company(3:14) - Is a construction business really worth the hassle?(4:47) - Inversion thinking is about flipping the way you approach problems. It means looking at them from the reverse perspective(6:13) - Great margins are where you make enough money to hire the best people, have the best equipment so you can deliver on the best outcomeDISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.Follow our Socials and let's get connected! ⤵️⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

If I had to start a trades business today from scratch…I'd build it to give me profitable leads on day oneCreate me high net profits on day oneProtect my time from day one, so I don't become that ultimate busy fool.There are five areas of business I'd invest in immediately. Why? Because I'm not building a business to trap myself inside it… I'm building one that gives me time and financial freedom from the start.Even if you have an established business you could do this, if you know what the five areas are. WHAT YOU WILL LEARN AND KEY ACTIONS FROM THIS EPISODE:1. How to create a 90 day action plan to build your business 2. Discover the exact numbers you need to make high net profits 3. Steal the 6 step marketing strategy to immediately generate leads 4. Learn how to systemise your business to protect your valuable time 5. Discover who needs to be your first hire (this will shock you) Listen now and learn how to build your business rather than a prison cell. Rise of The Trades Summit Tickets: ⁠Grab your ticket here⁠LeadZilla - Marketing and Sales Software: ⁠Start your 14 day free trial now⁠ServiceM8 - Job Management Software: ⁠Start your extended 28 day free trial and bonuses ⁠BECOME A MEMBER: Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Club and get instant access⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to live marketing training, business coaching, courses and a thriving community of professional trades. Guaranteed to help you to achieve time and financial freedom. JOIN OUR FACEBOOK GROUP: Join our free and thriving ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group and community ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLY TO JOIN OUR INNER CIRCLE: Apply to join our 12-month ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠business and marketing coaching programme ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠WHO WE HELP AND SUPPORTAt the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

In the final part of the Contract Clarity Series, Paul is joined once again by the brilliantly practical contract expert Sarah Fox to explore the future of contracting in construction.They dive into the rise of AI, what it means for lawyers and quantity surveyors, and how contracting must evolve in a digitised world. From empowering junior QSs to building smarter scopes of work, the discussion unpacks the risk and opportunity of emerging legal tech — and why simplification, not just automation, is the path forward.You'll also hear:Why contract scopes are the secret weapon for managing liabilityHow Gen AI tools can help (and hinder) contract reviewWhether clients and funders might embrace simpler, fairer contractsWhy Sarah believes better contracting starts with the outer edges of the supply chainThis is an optimistic and eye-opening wrap-up to the series — packed with practical advice, lightbulb moments, and a vision for more balanced, efficient contracting in the years ahead.

In this episode of AZREIA Show we sit down with Tom Cole, the Director of the Arizona Registrar of Contractors (ROC). Tom outlines the role and responsibilities of the ROC, highlighting their mission to protect public health, safety, and welfare by promoting quality construction in Arizona. We delve into common issues faced by homeowners and real estate investors, including the importance of hiring licensed contractors and the consequences of unlicensed work. Tom also shares his extensive background in government administration and workforce development, emphasizing the significance of education and proper training for future construction professionals. Whether you're a homeowner, real estate investor, or contractor, this episode is packed with valuable insights to help you navigate the construction industry in Arizona.   Key Takeaways: 02:23 Role and Responsibilities of the Arizona Registrar of Contractors 03:27 Importance of Contractor Licensing 04:16 General Contractors and Subcontractors 07:29 Tom Cole's Background and Experience 14:24 Leadership and Team Management 17:39 Path to Working with the Governor 22:30 Director Nominations Process 23:02 Senate Confirmation Experience 23:50 Real Estate Investing Advice 24:38 House Flipping Regulations 28:37 Importance of Hiring Licensed Contractors 29:28 Common Complaints and Workmanship Standards 31:36 Protecting Yourself from Unscrupulous Contractors 40:22 Workforce Development Initiatives 44:14 Final Thoughts and Consumer Protection   ------  

This episode is a re-run. It was originally published in February 2024.Most construction companies think they're delivering great service, but their clients don't see it that way. Keeping your promise is only half the battle. If your clients don't feel it, they won't remember it, refer you, or come back.In this episode, learn the real difference between client delivery and client experience, and why mastering both is key to building a reputation that keeps your business growing.You'll also get four simple steps to transform your client relationships and stand out in a crowded market.Listen up and start turning satisfied clients into lifelong partners!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don't let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYtClick here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(2:02) - You are not your business, you're not your net worth(3:25) - Your clients don't think you are as good as you actually are(4:29) - Client experience is defined as how customers perceive their interaction with your company(5:01) - The perception is that you are the same as everyone else(6:38) - If they're comfortable enough to give you a case study they're obviously really happy at what you doDISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.Follow our Socials and let's get connected! ⤵️⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

You hire someone hoping they'll take the pressure off…But weeks later, they're showing up late, clocking off early, glued to their phone, and leaving your customers unimpressed. Their work? Sloppy. Their attitude? Even worse. And instead of saving you time and stress, they've added more of both. You let them go… but now you're back to square one again. Sound familiar? If you're fed up with hiring the wrong people and wasting time, money, and energy, this episode is going to change everything.WHAT YOU WILL LEARN AND KEY ACTIONS FROM THIS EPISODE:1. How to avoid hiring lazy or unreliable tradespeople2. 10 killer consequences of taking on the wrong person  3. The 7-step hiring method that actually works4. How and where to find the best trades and admin staff 5. The 2 step interview process to hire the top people Listen now to discover how I build my teams to help me make more profit and save me time. Rise of The Trades Summit Tickets: Grab your ticket hereLeadZilla - Marketing and Sales Software: Start your 14 day free trial nowServiceM8 - Job Management Software: Start your extended 28 day free trial and bonuses BECOME A MEMBER: Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Club and get instant access⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to live marketing training, business coaching, courses and a thriving community of professional trades. Guaranteed to help you to achieve time and financial freedom. JOIN OUR FACEBOOK GROUP: Join our free and thriving ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group and community ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLY TO JOIN OUR INNER CIRCLE: Apply to join our 12-month ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠business and marketing coaching programme ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠WHO WE HELP AND SUPPORTAt the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

This Podcast Is Episode 639, And It's About Pillar 3: Delivering Construction Projects Profitably A Construction Bookkeeper's Guide to Smarter Production for Small Contractors You've done the hard work: marketed your services, landed the job, and priced it to make a solid profit. But here's where a lot of small construction businesses lose money—even after doing everything right up to this point.   That moment is project execution—or what we in the business world call production.   As construction bookkeeping specialists, we've seen many jobs transition from profitable to painful simply because the contractor lacked systems in place to track costs, manage scope, or control labor once the work commenced.   Let's discuss Pillar 3: Delivering Projects Profitably, and how refining your production process can safeguard your profits, enhance your reputation, and alleviate stress.    Why "Doing the Work" Isn't Enough Many contractors assume that once the job starts, the hard part is over. But production is where the majority of the risk lives: Labor costs can balloon Materials may get wasted or delayed Clients can change their minds mid-project Subcontractors may not show up when they're supposed to Scope creep can kill your margins without you realizing it From a bookkeeper's point of view, this is when the numbers begin to go awry. Profitability doesn't just come from winning jobs—it comes from controlling how they're delivered. What "Delivering Profitably" Actually Means To deliver projects profitably, you need to finish the job: On budget On schedule With the client happy enough to pay (and refer you) It's not just about good craftsmanship. It's about project management. Whether you're a solo operator or have a small team, production needs structure. Fortunately, it doesn't need to be complicated. Where Small Contractors Lose Profit During Production Before we dive into solutions, let's look at where money is most often lost on the job site: 1. Untracked Labor If you don't know how many hours you or your crew are spending on a job, you can't compare it to your estimate. It's one of the most common profit-killers we see in the books. 2. Material Overruns Materials get lost, over-ordered, or wasted—especially if you're not reconciling purchases to job estimates. 3. Unbilled Change Orders Clients often add or alter project elements. If those changes aren't documented and billed, you're giving away free work. 4. Delays and Downtime Time is money. Waiting on materials, subs, or client decisions can derail your schedule and cost you future jobs. 5. Scope Creep "Can you just add this one little thing?" becomes a margin-eating monster when not adequately managed. Now, let's talk about how to prevent those losses and protect your bottom line. 7 Ways to Deliver Projects More Profitably 1. Start with a Clear Scope and Signed Agreement It may sound simple, but many contractors begin work without a detailed, signed agreement. You need: A detailed scope of work Payment milestones A change order policy Completion criteria This sets expectations and gives you leverage when things change (and they will). 2. Create a Simple Project Timeline Even a basic calendar or whiteboard showing: Job phases Material delivery dates Key milestones can help you stay on track and manage client expectations. Suppose you're using software like Buildertrend or Jobber, great. If not, even a shared Google Sheet can work. The goal is visibility. 3. Track Labor in Real Time You can't manage what you don't measure. Use time tracking tools (like ClockShark or QuickBooks Time), or even a shared text log, to record: Who worked For how long On which part of the job This allows you (and your bookkeeper) to identify when jobs are dragging and compare actual versus estimated hours. 4. Monitor Materials Closely Set up a simple system to: Track what materials were ordered Match receipts to jobs Avoid duplicate purchases If you have frequent material overruns, your bookkeeper can help you adjust future estimates and avoid surprises. 5. Enforce a Change Order Policy This one is HUGE. Every time a client asks for something outside the original scope, pause and issue a change order. Even a one-page form signed via email or a mobile app is sufficient. Change orders should: Define the change List any added costs or time Be signed before work continues When this is routine, you stop giving away "just one more thing" for free. 6. Communicate Early and Often Most client disputes happen when they're left in the dark. Set the standard for regular updates: A weekly progress email A shared photo log A short call every Friday This maintains high trust and prevents minor issues from escalating into unpaid invoices or negative reviews. 7. Review Project Profitability After Completion After every project, sit down with your bookkeeper (or even just your notes) and ask: What was the estimated vs. actual cost? Where did we exceed our budget or deadline? Did we bill for all extras? What should we do differently next time? This post-job review turns every project into a learning tool that improves your future estimates, planning, and pricing. Where Bookkeeping Supports Better Production As your construction bookkeeping specialists, we can help you: Track job costs accurately during the project Alert you when a job is going over budget Ensure change orders are captured and billed Break down labor and materials per project Provide job-by-job profit reports In short, good production data = good financial reporting. And when we work together, we can spot patterns that help you grow smarter. The Results of Controlled Production When you focus on project delivery as intentionally as marketing and money management, you'll start to see: Jobs finishing on time Less rework and missed items Higher profit margins Happier clients (which means more referrals) Reduced stress and better control of your schedule Over time, this builds a reputation that attracts higher-quality clients, enabling you to raise your rates with confidence. Final Thoughts Build Systems, Not Just Projects You know how to build a deck, remodel a kitchen, or manage a crew. But your business needs structure, too. When you build systems around how you deliver your work, you reduce chaos and protect your profits. Pillar 3: Production isn't about doing more—it's about doing smarter. With a bit of planning, tracking, and review, you can make every job a stepping stone to a stronger, more profitable business. Want Help Tracking Job Profitability? If you're tired of guessing how much money you're really making on each job, we can help you set up: Job costing systems Labor and material tracking Change order logs Profit and loss reports per project Let's get your numbers working for you. Book a free consultation today and let's build better systems together—so you can build a better business.

“Just having the words on the paper doesn't protect you - how a judge reads them does.”Litigator-turned-contract-drafter Jason Kosek has spent 12 years in court watching vague clauses, one-sided indemnifications, and “pay-when-paid” traps bleed subcontractors dry. In this episode of The Mobilization Mindset podcast, Jason joins our CEO, Scott Peper, to translate contract language line-by-line - and show you how a few proactive edits can save six figures in headaches later.In 55 minutes you'll learn:-

Too many good tradesmen and women are stuck working harder than ever… with barely anything to show for it. Long days, low margins, and no time to breathe.The problem? You're calling it a business, but really, you've just created yourself a hard fricken job.In this new episode, I break down the 5 mindset shifts that will help you step off the tools, take control, and finally start building a business that provides you and your family with the lifestyle you deserve. WHAT YOU WILL LEARN AND KEY ACTIONS FROM THIS EPISODE:1. Learn what numbers you must get top side of to increase profits2. Discover why doing everything yourself is killing your growth and how to fix it.3. Find out how to escape firefighting mode with a 12-month business vision.4. Understand how to protect your valuable time bank with 3 productivity strategies 5. Get the step-by-step mindset to go from tradesman to respected businessman Listen now to stop winging it and wasting years of time. Rise of The Trades Summit Tickets: Grab your ticket hereBECOME A MEMBER: Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Club and get instant access⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to live marketing training, business coaching, courses and a thriving community of professional trades. Guaranteed to help you to achieve time and financial freedom. JOIN OUR FACEBOOK GROUP: Join our free and thriving ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group and community ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLY TO JOIN OUR INNER CIRCLE: Apply to join our 12-month ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠business and marketing coaching programme ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠WHO WE HELP AND SUPPORTAt the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

If your phone has gone quiet and leads have dried up, you're not alone.Many trades business owners struggle to generate enough leads to keep their team busy and cover growing overheads. You work hard, but the calls just don't come. Without a clear strategy, you're stuck chasing scraps instead of attracting an avalanche of ideal customers.If you have ever experienced this you need to listen to this episode.WHAT YOU WILL LEARN AND KEY ACTIONS FROM THIS EPISODE:1. Uncover the deadly mistakes you are making that's turning customers away 2. Discover how to identify your target market and how to attract them like a magnet 3. Steal our proven 10-step strategy to generate an avalanche of new leads 4. Learn how to generate more leads from social media using our “Fishing Strategy”5. How to build authority, credibility and trust with our video marketing strategy BECOME A MEMBER: Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Club and get instant access⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to live marketing training, business coaching, courses and a thriving community of professional trades. Guaranteed to help you to achieve time and financial freedom. JOIN OUR FACEBOOK GROUP: Join our free and thriving ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group and community ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLY TO JOIN OUR INNER CIRCLE: Apply to join our 12-month ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠business and marketing coaching programme ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠WHO WE HELP AND SUPPORTAt the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

Tyler and Nick talk about the importance of formal subcontractor agreements—why you need them, how they protect all parties, and the hard lessons that led them to overhaul their systems. From handshake deals gone wrong to building trust through transparent work orders, this episode gives you the tools to avoid costly mistakes and elevate your professionalism. Whether you're a GC, a sub, or somewhere in between, if you're managing teams and trades, this one's for you. Show Notes:  Subcontractor Engagement and Agreements (0:00) Sponsor Announcements and Product Promotions (1:52) Personal Stories and Boat Ownership (5:45) Subcontractor Vetting and Agreement Implementation (30:02) Pre-Construction and Subcontractor Strategies (48:44) Course Updates and Additional Resources (1:09:52) Video Version: https://youtu.be/ZTcQvwaPKuQ   Partners:  Andersen Windows Buildertrend Velux Harnish Workwear  Use code H1025 and get 10% off their H-label gear   The Modern Craftsman: linktr.ee/moderncraftsmanpodcast Find Our Hosts:  Nick Schiffer  Tyler Grace  Podcast Produced By: Motif Media  

These subcontractors can help you take your business to the next level...By: Oliver Fernandez

Ready to own a recession-resistant home services business? Today on Eye on Franchising, I talk to Michael Wagner, President of Roof Scientist, part of Homefront Brands, about an exciting ground-floor franchise opportunity in the roofing industry.Roof Scientist isn't just another roofing company—it's a disruptive franchise with exclusive nano-ceramic coating technology (SADE) that extends roof life and adds serious value for homeowners. Michael reveals how the model works, why it's ideal for first-time and experienced franchisees alike, and how Homefront Brands backs franchisees with world-class support, marketing, systems, and a fully staffed call center that even builds quotes for them.If you're looking for a high-ticket, high-margin franchise with strong demand, minimal inventory, and subcontracted labor flexibility—this is the episode for you.Timestamps:0:00 – Intro: Eye on Franchising with Michael Wagner1:15 – What is Roof Scientist? A ground-floor franchise opportunity4:02 – Exclusive SADE nano-ceramic roof coating explained7:48 – Roofing industry demand and market size10:30 – Differentiators: Repairs, replacements, coatings in one franchise13:20 – Franchise cost and investment range ($220–320K)15:45 – Ideal franchisee profile (sales, people, project management)19:05 – Subcontractor model and cashflow flexibility22:18 – Real margins and Item 19 disclosure highlights24:55 – Homefront Brands support systems, marketing, tech29:10 – The call center advantage: pre-qualifying leads & building quotes33:25 – Proprietary software and satellite roof measurement36:45 – Why franchise vs. starting solo? Proven systems and negotiated pricing41:02 – Protected territories and mapping process43:00 – Final thoughts on taking smart risks in business ownershipWhat You'll Learn:✅ Why roofing is a recession-resistant, high-ticket industry✅ How Roof Scientist's nano-ceramic technology differentiates it✅ How franchisees tap into subcontracted labor and keep costs flexible✅ The detailed support Homefront Brands provides—from call center to marketing✅ Who makes the best franchise owner (and how to build your team if you don't have all the skills)✅ How to compare franchising vs. going independent

Professional Builders Secrets brings you an essential episode featuring Glen Fitzgerald, Co-founder and Safety Manager of Worx Safety. In this episode, Glen gets into how systemising your on-site safety and compliance processes is about more than just ticking a box; it's a growth strategy that directly impacts your building company's efficiency, risk management, and bottom line.This episode is sponsored by Apparatus Contractor Services, click the link below to learn more:hubs.ly/Q02mNSsG0INSIDE EPISODE 192 YOU WILL DISCOVER Why most builders are unintentionally exposing themselves to riskThe consequences of poor subcontractor complianceHow a digital system can safeguard your businessThe link between safety systems and site quality, efficiency, and scalabilityWhy builders should see safety as a competitive advantageAnd much, much more.ABOUT GLEN FITZGERALDGlen Fitzgerald is the Co-founder of Worx Safety and has over two decades of experience in the residential construction industry. Having owned and operated multiple trade businesses, Glen understands the real-world challenges builders face. Today, he helps building companies streamline their safety and compliance processes through digital solutions.Connect with Glen: linkedin.com/in/glen-fitzgerald-09b46b221/TIMELINE3:40 The real cost of poor safety systems6:15 Why safety is a business strategy, not just compliance9:00 Glen's journey from plumber to safety software founder14:20 Subcontractor risks that could cost you thousands18:30 How to systemise your on-site safety processes24:00 The future of digital safety in residential constructionLINKS, RESOURCES & MOREAPB Website: associationofprofessionalbuilders.comAPB Rewards: associationofprofessionalbuilders.com/rewards/APB on Instagram: instagram.com/apbbuilders/APB on Facebook: facebook.com/associationofprofessionalbuildersAPB on YouTube: youtube.com/c/associationofprofessionalbuilders

For more, check out The Profit Circle: patreon.com/theprofitcircle

US President Donald Trump has made his administration “a subcontractor, a junior partner” to Israeli Prime Minister Benjamin Netanyahu's objectives in the Middle East, argues Democratic Senator Chris Van Hollen. As the president mulls further involvement in Israel's attack on Iran, Senator Van Hollen tells host Steve Clemons that “This notion that you can just drop a few big bombs and be done with it misunderstands history, because there is a real risk that the United States will get dragged deeper and deeper into this war.” Van Hollen also criticised the US-Israeli Gaza Humanitarian Foundation as “death traps” for Palestinians. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #aljazeera #aljazeeraenglish #aljazeeranewslive

We explore the controversial world of managing subcontractors effectively, revealing how the right payment structure and relationship management can dramatically improve your contracting business's profitability and operations.• Avoiding the pitfalls of the traditional daily/hourly labor model for subcontractors• Why a work order system that ties payment to completed work rather than time spent creates fairer partnerships• The difference between general crews (kept busy 5 days/week) and specialized vendor crews (shared resources)• How to structure your general subcontractor crews for maximum efficiency• Techniques for finding, interviewing, and onboarding the right subcontractors• Setting clear expectations about roles—execution vs customer management• Using a ranking system to identify subcontractors' true strengths and weaknesses• Preparing subcontractors to make more money while doing less administrative work• The importance of building long-term partnerships with quality-focused vendorsVisit prostruct360.com to schedule a call with us if you have questions about managing subcontractors or growing your contracting business. Our calendar is available on the website under "Contact Us."Struggling to grow your contracting business? The Foundations Program is designed to help contractors break free from the chaos and build a business that runs smoothly. You'll get a customized training program, 1-on-1 coaching, and access to a full paperwork database—including contracts and the Client Engagement Agreement. Join the Foundations Program today!

On today's show, have you ever thought: if I could just find the right person to hire, I could scale up my business. That's how ⁠Virginia⁠ from Argentina feels about her unique content marketing company. The challenge? Virginia's company develops content around witchcraft and spiritualism—so she needs teammates who speak fluent English, write well, and understand her unique niche. It's a tall order, but Clay and I offered solid advice for ⁠hiring the best freelancers⁠.  This episode was originally aired on September 28, 2023. PS: Get featured in an upcoming Q&A! Just visit ⁠http://freelancetofounder.com/ask⁠ and submit a question.  Support our Sponsors Our generous sponsors make this show 100% free to you. Support them at the link below. ⁠https://freelancetofounder.com/sponsors⁠ Get your own on-air coaching call We'd love to feature your business and offer some free on-air advice for growing your business. To see if you're a good fit, ⁠click here⁠. Leave us a review on Apple Podcasts: If you enjoy the show, can you do us a favor and leave us an honest rating and review on Apple Podcasts? We'll love you forever. ⁠Click here to leave a review⁠. More Recommended Listening: This show is a part of the Podglomerate, a company that produces, distributes, and monetizes podcasts. We encourage you to visit the ⁠website⁠ and sign up for our newsletter. We suggest you also try other Podglomerate shows about entrepreneurship, business, and creativity, such as ⁠Rocketship.fm⁠ and ⁠Creative Elements⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is a re-run. It was originally published in October 2023.Most contractors have no idea how to actually get paid when a client goes under.There's a hidden game happening behind the scenes — and the ones who know how to play it walk away with their money while everyone else gets left out.It's not about hoping, chasing, or filling out the forms they hand you — it's about knowing how to work the system to your advantage.If you're in construction and you want to survive what's coming, you can't afford to miss this.Listen now and learn the moves that separate those who get paid from those who get wiped out.Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don't let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChangesClick here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(2:29) - It's a bit of an epidemic of construction companies going out of business(3:51) - There's two things has been scarce(5:48) - What the GCs and main contractors tend to do is they squeeze people's cashflow in order to make a deal(6:07) - How do we keep our cashflow alive? How do we make sure that we get paid?(8:01) - Basically, you want to kill them with paperworkDISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.Follow our Socials and let's get connected! ⤵️⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

This week on The Lisa Burke Show, a powerhouse panel of experts explored Europe's precarious position in the new space race, urging urgent action to reclaim leadership through innovation, unity, and sovereign ambition. We began this week's episode of The Lisa Burke Show with Sasha Kehoe's round-up of global news. From the diplomatic unease surrounding Donald Trump's controversial allegations against South Africa, to critical updates on humanitarian aid delays in Gaza and Luxembourg's shifting pension policies. The segment also touched on CargoLux's heartwarming mission rescuing two brown bears, and the growing geopolitical stature of Italian Prime Minister Giorgia Meloni internationally.  Europe's place in the Space Economy François Leproux has just published his second book on space: 'La nouvelle conquête spatiale: quelle place pour l'Europe face au NewSpace?', and he brought a passionate perspective on why Europe must reclaim ambition in crewed spaceflight. A space engineer and author, François is building on his first book about the Hermes shuttle. He believes that Europe has the technical foundation, through Ariane rockets, industrial expertise, and past collaborations on the ISS, to lead independently. Yet without a sovereign crewed space program, François warns that Europe risks becoming irrelevant in the geopolitical narrative of space exploration. His call is urgent: invest in autonomy, unify internally, and inspire a new generation with human-led missions. Joining us online from Paris, Aurélie Bressollette, CEO of Latitude, offered a commercial lens on the space economy. With a formidable background at Airbus, OHB, and Redwire, Aurélie now leads a company pioneering dedicated satellite launch services. She debunked the myth of cost-per-kilo dominance by SpaceX, advocating instead for an ‘Uber-to-the-stars' solution that prioritises mission specificity over brute launch mass. Her view: Europe's competitive edge lies not just in technology, but in agility, customer responsiveness, and institutional backing that can support nimble NewSpace players. With strategic orbits like sun-synchronous within reach, her optimism is grounded in engineering reality. Dr. Laetitia Cesari completed our stellar panel with her legal and policy insight into outer space governance. A practitioner and researcher with expertise in cybersecurity, in-orbit servicing, and the upcoming EU Space Act, Laetitia emphasised the complexity of coordinating Europe's multi-layered space apparatus. ESA, the EU, and national agencies must align more efficiently, she said, if Europe is to compete with faster-moving powers. Defense, though historically out of ESA's remit, is now tightly interwoven with space policy, as satellites become essential for secure communication and surveillance. Laetitia's insights highlighted how law and policy are not just supporting acts, but mission-critical elements. Whether through political will, commercial innovation, or regulatory harmonisation, the message was clear: Europe has the tools and must now use them strategically. The ISS is nearing retirement, Artemis is Moon-bound, and commercial stations are on the horizon. If Europe doesn't step up, it risks becoming a subcontractor in a future it should be helping to lead. Contact Lisa here https://www.linkedin.com/in/lisa-burke-4272276/?originalSubdomain=lu http://www.linkedin.com/in/françois-leproux-63347263 https://www.deboecksuperieur.com/livre/9782807369757-la-nouvelle-conquete-spatiale https://www.editions-jpo.com/fr/accueil/228-hermes-une-ambition-en-heritage-9782373011395.html https://www.linkedin.com/in/aur%C3%A9lie-bressollette-06b7598/details/education/ https://www.degaullefleurance.com/annuaire/laetitia-cesari/

This episode is a re-run. It was originally published in July 2023.Are your subcontractor agreements setting you up for success—or failure? Discover the smarter alternative that can save you time, money, and stress. Listen now to learn more!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don't let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChangesClick here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(2:42) - They got issued a purchase order which had the client's terms and conditions on it. Now their first question was, are we now bound by the terms and conditions of this purchase order(4:23) - You gotta know that them just issuing you a contract does not mean you have to sign it, even a purchase order or a service order(5:47) - You don't want to find yourself in a situation where you're already on-site with a contract that you don't really want to be in and you're negotiating as it's happening(6:31) - You have to get a set of commercial principles(7:17) - You will attach these commercial principles and you will clearly say in your proposal: our price is based on the acceptance of these commercial principlesDISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.Follow our Socials and let's get connected! ⤵️⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

That helps you save time, make more money and have a bigger impact...By: Oliver Fernandez

What makes someone leave a secure career, start a franchise, and take that leap just weeks before their second child is born?In this episode of the Zero to Profitable Franchise Podcast, I sit down with Patrick — a first-time franchisee and former executive at a major philanthropic organization. We talk about what it's really like starting a franchise from scratch, the systems that saved his sanity, how he funded the business, and why he picked Painter1 over a dozen other franchise brands.If you're considering franchising, thinking about leaving your job, or want to hear what it's like building a business with young kids at home — this conversation will hit hard.⏱️ TIMESTAMPS:00:00 – Meet Patrick: From Corporate to Franchise Owner04:52 – Why He Chose Painter112:41 – The Real Story Behind Franchise Validation17:30 – Starting With No Industry Experience23:45 – Subcontractors vs Employees29:00 – How He Funded His Franchise34:15 – Building a Business With Systems & Support42:18 – Would He Do It All Over Again?48:03 – Advice to Aspiring Franchise Owners#FranchiseInterview #FranchiseEmpire #ZeroToProfitablePodcast #BuyingAFranchise #Entrepreneurship #FranchiseOwner #Painter1 #FranchiseFunding #FranchiseAdvice #BusinessSuccess------------------Considering Investing In A Franchise? Discover Available Franchises Opportunities in Your Area:

Rancho Mesa's Alyssa Burley sits down with Associate Account Executive Jack Marrs talk about how to avoid surprise premium increases by collecting subcontractors' certificates of insurance. Show Notes: ⁠⁠⁠⁠⁠⁠Subscribe to Rancho Mesa's Newsletter⁠⁠⁠⁠⁠⁠. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Director/Host: ⁠⁠⁠⁠⁠⁠Alyssa Burley⁠⁠⁠⁠⁠⁠Guest: ⁠⁠⁠⁠⁠⁠Jack Marrs⁠⁠⁠⁠⁠⁠Producer/Editor: ⁠⁠Megan Lockhart⁠Music: "Home" by JHS Pedals, “Breaking News Intro” by nem0production© Copyright 2025. Rancho Mesa Insurance Services, Inc. All rights reserved.

Hiring the right subcontractors is crucial to delivering high-quality construction projects. In this solo episode of Your Project Shepherd, host Curtis Lawson explores how builders can elevate their projects by working with subcontractors who grow alongside them. He breaks down two common pitfalls—sticking with subs who aren't scaling up and cutting costs at the expense of quality. Curtis also shares real-world insights on setting expectations, avoiding costly mistakes, and ensuring top-tier craftsmanship. If you're a builder looking to refine your trade network, this episode is a must-watch!

In this podcast we cover: Why that phrase should mean something different to us. If you like the Elevate Construction podcast, please subscribe for free and you'll never miss an episode.  And if you really like the Elevate Construction podcast, I'd appreciate you telling a friend (Maybe even two

This Day in Maine for Monday, March 31, 2025.

Today we're talking with Travis Davis about the realities of contracts, insurance, and risk in construction. From navigating tricky contract terms to understanding how GCs manage risk (and sometimes profit from it), we're breaking down what every subcontractor needs to know to stay protected and profitable.02:24 - The Biggest Contract PitfallsWhat clauses in your contract can lead to financial ruin? Discover the red flags every subcontractor should watch for.05:10 - Signing Your Own Death Warrant?Why taking on too much work—without considering contract terms—can destroy your cash flow and put your business at risk.10:35 - Payment Terms: The Silent KillerHow delayed payments (30, 60, 90+ days) impact contractors and why cash flow planning is critical for survival.12:01 - What is Subcontractor Default?A breakdown of what happens when a subcontractor fails to meet contract obligations—and how GCs and owners respond.13:12 - Bonds vs. Subcontractor Default Insurance (SDI)What's the difference, and how does each impact subs? Learn why SDI is becoming a profit center for big GCs.22:08 - How GCs Make Money Off Your RiskSome GCs turn SDI into a revenue stream—here's how it works and what subs need to know.26:19 - How to Become a Pre-Qualified SubcontractorWant to land bigger, better jobs? Learn what it takes to pass pre-qualification and improve your contract standing.31:12 - The Contract Review You Can't Afford to SkipWhy hiring a construction-specific attorney is a game-changer—and how it can save you millions.38:14 - Working On Your Business: Financial & Risk ManagementHow strong financials and proper insurance coverage can set you apart from the competition.44:42 - How Insurance Underwriters Judge YouThe hidden factors that influence your premiums and how smart contractors slash insurance costs by 30% or more.52:05 - A $4 Million MistakeA real-world example of how ignoring contract insurance requirements led to a devastating financial loss.53:04 - A Message to ContractorsWhy understanding contracts, insurance, and risk management is the key to long-term success in construction.Go Build Something Awesome!CHECK OUT THE PARTNERS THAT MAKE OUR SHOW POSSIBLE: https://www.brospodcast.com/partnersFIND US ONLINE: -Our website: https://www.brospodcast.com -LinkedIn:   / constructionbrospodcast   -Instagram:   / constructionbrospodcast    -TikTok: https://www.tiktok.com/@constructionbrothers?lang=en-Eddie on LinkedIn:   / eddie-c-057b3b11   -Tyler on LinkedIn:   / tylerscottcampbell  If you enjoy the podcast, please rate us on Apple Podcasts or wherever you listen to us! Thanks for listening!

Today we are joined by Steve Griggs of Steve Griggs Design to talk about his subcontractor business model, what he has learned from his many years in the industry, and his thoughts on 10X and what he was able to apply to his business from it.Sponsors:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cycle CPA⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Moasure⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Knowledge Tree Consulting⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠How to Hardscape Headquarters

Clint Padgett is the CEO and President of Project Success, Inc., an author and host of The Conversation with Clinton M. Padgett podcast. With extensive expertise in project management, he helps organizations improve execution, collaboration, and communication to drive successful outcomes in complex projects across various industries. During today's conversation, Clint discusses the challenges of communication in construction projects, emphasizing that software is a tool, not a solution. He highlights the pitfalls of one-way communication and the importance of conversations in solving problems. Clint also explores the impact of silos, avoidance of confrontation, and strategies for preparing for difficult discussions. He stresses thorough planning, clear handoffs between estimating and project management, and prioritizing bottlenecks. Moreover, Clint shares advice on structuring a project manager's week, effective subcontractor communication, and regaining control in chaotic projects. Finally, he offers insights on distinguishing top project managers and handling unreasonable project owners.   Key takeaways  ✅ Avoid one-way communication; have direct discussions to solve problems faster. ✅ Encourage cross-team discussions to improve planning and execution. ✅ Remove ambiguity by involving all stakeholders in the planning process. ✅ Structure project managers' weeks with clear priorities and bottleneck checks. ✅Ensure transparent communication between estimating and project management for smoother transitions.   Highlights [01:19] Challenges of Communication in Construction Projects  [02:54] Avoidance of Confrontation and Silos  [04:33] Preparing for Confrontations  [06:49] Importance of Planning in Construction  [08:18] Sources of Gray in Projects  [11:29] Structuring a Project Manager's Week [11:48] Prioritizing Bottlenecks [12:49]Communicating with Subcontractors [16:10] Regaining Control in Chaotic Projects [24:24] Separating A-Level Project Managers  [28:30] Planning Meetings and Dealing with Unreasonable Owners    Resources Connect with Clint: LinkedIn: linkedin.com/in/clintpadgett/ Website: clintonmpadgett.com/   Resources to Help You Win in Construction