Will King

speaker

582 appearances 1 recordings 1 series first heard Jun 2025 last heard Jun 2025

Will King’s voice in public audio — every appearance, attributed to the second.

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It goes to the bottom dollar.

Even if you build their house, you know, you still collect a portion of that to your income.

So it's totally, if you're not doing PCAs start, like that's, that's like pre-construction agreement.

Yes.

Like that absolutely start that today.

If you need one, email me, I'll send you my template.

I mean, that's like,

A hundred percent.

Like you have to start doing pre-construction agreements.

We do.

Yeah.

So advanced payment is part of our construction contract is what we call that or AP.

And it's a similar deal.

So we get it, you know, when you execute our contract and you didn't have to then pay us an advanced payment, we hold that money ourselves and,

We use it to stay cash positive, right?

Because we're buying material, we're paying subcontractors, and then we bill out our customers kind of in reverse.

And then also, once they sign an acceptance letter at the end, there's like, I think, 75% of that gets applied to their account.

And then the remainder we hold for an additional, I think, 45 days.

And just to catch straggling bills that come in, you know?

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