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Why does cashflow matter so much in construction? Get the answers here!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(2:37) - Ways that we can get ourselves into a better contractual position
(4:34) - You need to notify them if you’re delayed. You need to notify them if you’ve been asked to do additional work
(5:09) - Obviously, getting them to approve so quicker is going to help your cashflow
(6:24) - As much as possible, get pre-payments. Get paid upfront
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 Gerber
By Raine Gerber5
77 ratings
Why does cashflow matter so much in construction? Get the answers here!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(2:37) - Ways that we can get ourselves into a better contractual position
(4:34) - You need to notify them if you’re delayed. You need to notify them if you’ve been asked to do additional work
(5:09) - Obviously, getting them to approve so quicker is going to help your cashflow
(6:24) - As much as possible, get pre-payments. Get paid upfront
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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