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Listen "Uncovering How Construction Payment Levels Really Work | Ep. 152"
Episode Synopsis
Upgrade your payment game!🤑 Listen to this podcast!
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:
(5:14) - The worst case really is you win a tender, so you've had to cut your margin to win the tender or you've had to do something to perform the work cheaper than anybody else
(5:56) - You want to get the payments to lock in the costs of the materials
(6:09) - Try your best to negotiate that front payment
(6:38) - What is your offer that you can supply that will differentiate you from everybody else?
(7:26) - Stay away from that vicious cycle of tendering lower, lower, lower, lower, lower, lower, lower until you basically make no money on projects
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
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:
(5:14) - The worst case really is you win a tender, so you've had to cut your margin to win the tender or you've had to do something to perform the work cheaper than anybody else
(5:56) - You want to get the payments to lock in the costs of the materials
(6:09) - Try your best to negotiate that front payment
(6:38) - What is your offer that you can supply that will differentiate you from everybody else?
(7:26) - Stay away from that vicious cycle of tendering lower, lower, lower, lower, lower, lower, lower until you basically make no money on projects
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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