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How to handle delays and cost disputes and get on your way to success?
Here is Part 1 of my conversation with Paul Heming from the Own The Build Podcast.🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:46) - It's about getting an outcome, getting paid, getting stuff approved
(11:18) - The transaction of money more and more is bound by the contracts and less by handshakes
(11:46) - Too often subcontractors get the short end of the stick, and that's largely because their resource is not the resource of whoever they go after
(18:54) - The first thing in catching that fundamental problem is going into the contract and negotiating that out and saying, no, no, we're not doing that
(19:47) - When I'm talking about contract and I always say it's not just contractually it's about strategy
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
By Raine Gerber5
77 ratings
How to handle delays and cost disputes and get on your way to success?
Here is Part 1 of my conversation with Paul Heming from the Own The Build Podcast.🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:46) - It's about getting an outcome, getting paid, getting stuff approved
(11:18) - The transaction of money more and more is bound by the contracts and less by handshakes
(11:46) - Too often subcontractors get the short end of the stick, and that's largely because their resource is not the resource of whoever they go after
(18:54) - The first thing in catching that fundamental problem is going into the contract and negotiating that out and saying, no, no, we're not doing that
(19:47) - When I'm talking about contract and I always say it's not just contractually it's about strategy
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

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