Discover the BEST Construction Business Model and the game-changing benefits of Prepayment in your Construction Business.💡 Plus, book recommendations for Business Success!📚 Listen here!👂
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: ⁠⁠⁠⁠⁠https://quantumcs.co/casestudy-podcast⁠⁠⁠⁠⁠
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:09) - 10% might just be your margin and so if you get away for a whole year to realize your profit, that is essentially a bad business model in my view
(5:08) - How can we move a traditional construction company from the worst business model to a better one?
(5:26) - The first step is to start getting a prepayment on every project that you do
(6:40) - It liquidates your cost of acquisition
(7:43) - You’re actually able to secure materials and people quicker and at better rates
(8:23) - You actually deliver a better outcome for your client
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.
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