Josh Young
👤 PersonAppearances Over Time
Podcast Appearances
Over bill. Over bill. Get ahead of it. So if you can get ahead of it, then you're not in such bad shape. But I agree with you 100%. Every contract we sign, is set up in a way that the contractor is going to benefit, right? We're always behind most of the time when it comes to payments, right? I mean, right now we're 90-day pay, you know, on some of these contracts.
Over bill. Over bill. Get ahead of it. So if you can get ahead of it, then you're not in such bad shape. But I agree with you 100%. Every contract we sign, is set up in a way that the contractor is going to benefit, right? We're always behind most of the time when it comes to payments, right? I mean, right now we're 90-day pay, you know, on some of these contracts.
So it is painful in that sense, but what I can tell you is if you get ahead of it and you can create – if you can create a billing or a structure – that you're able to bill ahead of it and you can get your money sooner, then your cash flow doesn't get affected, right? And that's kind of what we've done. What is your goal, bottom line net profit?
So it is painful in that sense, but what I can tell you is if you get ahead of it and you can create – if you can create a billing or a structure – that you're able to bill ahead of it and you can get your money sooner, then your cash flow doesn't get affected, right? And that's kind of what we've done. What is your goal, bottom line net profit?
30.
30.
30?
30?
Well, we're in the wrong business.
Well, we're in the wrong business.
The other bad part is you don't make the rules, right? Somebody else makes all the rules for you, and you have to abide by them, whether right, wrong, or indifferent. Half the stuff is against the law.
The other bad part is you don't make the rules, right? Somebody else makes all the rules for you, and you have to abide by them, whether right, wrong, or indifferent. Half the stuff is against the law.
Well, that's probably why we get along. My whole family's from Michigan. Really? Yeah, yeah. What part? Boyne City. I don't know if I know Boyne. Well, it's up north. You know where Traverse City is?
Well, that's probably why we get along. My whole family's from Michigan. Really? Yeah, yeah. What part? Boyne City. I don't know if I know Boyne. Well, it's up north. You know where Traverse City is?
Okay.
Okay.
Not really. They're kind of on the lake. Um, In that, it's a very small town.
Not really. They're kind of on the lake. Um, In that, it's a very small town.
Yeah, but it's probably closed.
Yeah, but it's probably closed.