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In this episode, I'm discussing the importance of understanding how negative variations are treated in your subcontracting agreements.
Many tradespeople are unaware that accepting large deletions of scope can eat into their profit margins if the contract allows builders to recoup money on cancelled work.
I'm also sharing real world examples and guidance on evaluating your contracts to avoid unexpected margin givebacks.
Episode takeaways:
For more legal tips and expertise, visit https://www.tricksofyourtrade.com.au/
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By Michelle CirsonIn this episode, I'm discussing the importance of understanding how negative variations are treated in your subcontracting agreements.
Many tradespeople are unaware that accepting large deletions of scope can eat into their profit margins if the contract allows builders to recoup money on cancelled work.
I'm also sharing real world examples and guidance on evaluating your contracts to avoid unexpected margin givebacks.
Episode takeaways:
For more legal tips and expertise, visit https://www.tricksofyourtrade.com.au/
-----------------------------------------------------------------------------------
Download Michelle's Freebies!
Explore ways to get more of Michelle in your world
Get Your fix on Social Media
Share the love