Contractor Success Forum

By Contractor Success Forum

Tips and advice to run a successful construction business from two long-term industry professionals: Wade Carpenter, a construction CPA, and Stephen Brown, a construction bond agent. Each host has

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FAQs about Contractor Success Forum:

How many episodes does Contractor Success Forum have?

The podcast currently has 268 episodes available.

Contractor Success Forum episodes:

July 27, 2021Build your job files for protection and profitability
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Every project manager seems to keep records differently, but having a defined and organized process for building your job files can save you a ton of time, money, and stress. This week we're discussing why job files are important, how to build a good one and how they can help you resolve disputes that could otherwise cost you.

Topics we cover include:

Why you should stay organized and build job files
How job files may differ for different industries and types of companies
How to store your job files
Why documentation is crucial
How a good job file can change a lawsuit into a change order

Visit the episode page at contractorsuccessforum.com/jobfile for more details and a transcript of the show.

ADDITIONAL RESOURCES
Visit https://contractorsuccessforum.com/managing-your-job-files/ to read more about structuring your job files.

Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Find all episodes and related links at ContractorSuccessForum.com.

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Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
20min
July 20, 2021 Use your financials to make sound business decisions with Martin Holland
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Wade, Stephen, and Rob sit down this week with Martin Holland of Anneal Business Coaching to discuss changes business owners in the construction industry can make for more profit and fewer headaches.

Topics we cover in this episode include the importance of having good books for making sound business decisions, why you need to know your true break-even sales numbers, how to stick to your target margins with intentional bidding, and how these strategies come into play when you implement a more advanced version of Profit First specific to your industry.

Learn more about Martin Holland and get his book, The Profit Problem, at AnnealBC.com.

Visit the episode page at contractorsuccessforum.com/martin for more details and a transcript of the show.

Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Find all episodes and related links at ContractorSuccessForum.com.

FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
28min
July 14, 2021 How to structure Profit First for your industry with Billie Anne Grigg
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This week we're talking with the Senior Strategic Guide at Profit First Professionals, Billie Anne Grigg.

We discuss how important it is to structure Profit First for your specific business and industry, common pitfalls for those just starting to implement Profit First in their business, what Real Revenue is and why it matters, and how Profit First helps contractors survive seasonality.

Visit the episode page at contractorsuccessforum.com/billieanne for more details and a transcript of the show.

Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Find all episodes and related links at ContractorSuccessForum.com.

FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
30min
July 06, 2021 Cash Flow Tips for Contractors
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Who wouldn't like to have better cash flow in their business? Cash flow is not always easy to get a handle on, especially for growing businesses. This week, Wade, Stephen, and Rob are sharing tips and insights that will help you improve cash flow in your business.

Topics covered include what to do with cash when it comes in, why you need a system in place (especially if you don't have a CFO), the importance of getting accurate paperwork from project managers and sending bills out on time for both you and your customers, and how technology can help - if it's set up correctly.

Visit the episode page at contractorsuccessforum.com/cashflow for more details and a transcript of the show.

Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Find all episodes and related links at ContractorSuccessForum.com.

FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
20min
June 30, 2021 Habits for Profitability with Michelle Scribner
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This week we have a special guest: Michelle Scribner, CEO of Sum of All Numbers. Michelle talks us through the psychology behind Profit First and the behaviors and habits that could take a contractor's company from failing to profitable.

We discuss why all business owners, even in the same industry, have to implement the Profit First system based on their unique behaviors. We also cover adjusting how you view your numbers, why you should look at your company as if you're working for someone else, and how drip and vault accounts can help set you up for long-term success.

Visit the episode page at contractorsuccessforum.com/michelle for more details and a transcript of the show.

Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Find all episodes and related links at ContractorSuccessForum.com.

FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
25min
June 22, 2021 Finding Profitable Projects
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This week Wade, Stephen, and Rob are discussing how to find profitable jobs, especially in today's competitive environment.

We cover how what you need to do to make sure a job will be profitable (hint: don't just go by a gut feeling), how to analyze and rank past jobs to find out what type of work you should focus on, and what you can do to discover and win more of the profitable jobs you want.

Visit the episode page at contractorsuccessforum.com/profitableprojects for more details and a transcript of the show.

Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Find all episodes and related links at ContractorSuccessForum.com.

FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
20min
June 15, 2021 Contract Provisions that Affect Cash Flow
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If you tend to skim or skip reading contracts altogether, you need to listen to this episode. Rob, Wade and Stephen discuss the various provisions that can have sometimes catastrophic effects on your cash flow.

We discuss why it's important to pay attention to the terms of the contract, which provisions have the most impact on cash flow, and what can happen if you're not familiar with the payment terms or other provisions.

Visit the episode page at contractorsuccessforum.com/provisions for more details and a transcript of the show.

Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Find all episodes and related links at ContractorSuccessForum.com.

FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
21min
June 08, 2021 Using Profit First to Build a Healthy Company
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This week we're following up on our Profit First-focused episodes with Mike Michalowicz and Ron Saharyan and expanding on a few of the subjects we wanted to clarify, like why taking your profit first is less about being wanting to take more out for yourself and more about keeping your company healthy long-term. We also cover how we define profit, what exactly the Profit First system says to do with that profit and our approach to paying off debt. If you have more questions about Profit First after listening to our recent episodes, don't miss this one!

Visit the episode page at contractorsuccessforum.com/healthy for more details and a transcript of the show.

Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Find all episodes and related links at ContractorSuccessForum.com.

FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Ready to take a deeper dive into how you can get more out of your business and the habit science behind our behaviorally-based cash management system? Visit http://bit.ly/CSFCPP for $10 off of the upcoming seminar, Constructing Permanent Profitability. Find out more at PermanentProfit.com.
Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
31min
June 01, 2021 Mike Michalowicz on Why Contractors Should Use the Profit First Method
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This week we're joined by special guest Mike Michalowicz! Mike is the best-selling author of Profit First and Fix This Next. We talk with him about the Profit First cash management method, the behavioral science behind it, and why it works for contractors.

We also discuss how Profit First helps contractors get bonds, why checking on the balance in your bank account is not a good way to measure profitability, and why you should consider working with a Profit First Professional to get the most out of the system.

Visit the episode page at contractorsuccessforum.com/mike for more details and a transcript of the show.

Check out the video of Wade and Rob rescuing Mike from the bears here!

Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Find all episodes and related links at ContractorSuccessForum.com.

FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
23min
May 25, 2021 Why Character is Important for Getting Bonds
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In this week's episode, Stephen, Wade, and Rob cover one of the three C's of getting bonds: Character.

We talk about how it's measured by bond underwriters, how your agent can help you put your best foot forward, and how to build a bond team of deeply trusted allies, rather than fair-weather friends.

Make sure you tune in next week for a very special guest! And subscribe to hear about the last C of bonding: Cash.

Visit the episode page at contractorsuccessforum.com/character for more details and a transcript of the show. Subscribe to for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
Don't forget to subscribe so you don't miss future episodes! Find all episodes and related links at ContractorSuccessForum.com.

FIND US ONLINE
Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
...more
15min

FAQs about Contractor Success Forum:

How many episodes does Contractor Success Forum have?

The podcast currently has 268 episodes available.