The ONE Thing That Can Bankrupt Your Construction Business [#ThrowbackThursday] | Ep. 393

This episode is a re-run. It was originally published in March 2024.You might think you're signing a fair contract… but you’re not.Most contractors believe they’re agreeing to standard terms, when in reality, they’ve been handed a heavily amended document that quietly shifts all the risk onto them.These “wolf in sheep’s clothing” contracts look safe until something goes wrong.Suddenly, you're hit with hidden clauses, tight time bars, and zero entitlement to variations or delays.In this episode, we break down how this happens, why it’s so common, and what you can do to protect your margins and cash flow.Tune in now and find out if your contracts are quietly setting you up to fail.Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYtClick here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(2:08) - The thing about this is contracts typically are not really designed to be fair(3:06) - What they do is if they can push the risk, if they can have you finance the project on their behalf, their cashflow is a lot better(4:38) - What actually happens is they use the standard form contract, and then they amend that contract and then give you that contract(5:40) - They can manipulate time barsDISCLAIMER: 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

There are no comments yet.

Please log in to write the first comment.