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?
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Timestamps:
(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.
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