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Construction Secrets

10 Construction Business Owners Questions Answered | Ep. 295

08 Apr 2024

Description

Get ready to explore the ins and outs of running a construction business! In this podcast, we discuss 10 essential questions that subcontractors and entrepreneurs often face in the building industry. Eager to learn insider tips? Press play and start listening! Here's the link for FREE training. Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts. Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0 Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges Timestamps: (1:14) - What kind of training and certifications do you need to start your own construction company? (2:45) - What type of insurance cover or guarantee should I be taking out on my company? (5:42) - What would you say is the best sector to specialize in so that it doesn't happen to my business in a couple of months? (7:52) - When signing onto a project, what is an acceptable timeline of the project? What is the industry standard? (13:08) - How do I keep my IP to myself when I sign a new contract? (15:05) - Should my price be fixed price or an estimate, which option would give me the upper hand? (18:14) - Are there any courses you could recommend to my team and I can learn about clauses and contracts? 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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