Hard Hat to CEO with Chris Gilman

Why Good Contractors Lose Money on Profitable Jobs


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Could small money leaks be quietly hurting your construction business? In this episode, Chris G shares a story about a water bill problem that looked like a huge leak, then shows how the same thing can happen with business profits. He explains that contractors often lose money through unclear quotes, missed change orders, poor job planning, and weak cash flow. Chris also shares why writing things down, charging for big quotes, asking for deposits, and using draw schedules can help protect your business. His main message is simple: know what money is coming in, what money is going out, and when you are getting paid. Small leaks can grow fast, so find them early and get the right help.
Episode highlights:
(0:00) Intro
(0:26) Frustrating profit leaks
(3:40) Clear quotes and pricing
(5:20) Change orders, markup, and protecting your time
(8:20) Bad estimating and job scope
(10:52) Cash flow problems
(14:07) Controlling money in your business
(16:06) Outro
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Hard Hat to CEO with Chris GilmanBy Chris Gilman