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Join the group coaching program and Master Construction Cash Flow with Profit First
Visit the episode page at for more details and a transcript of the show.
Get Profit First for Commercial Construction--OUT NOW!
ℹ ABOUT THIS EPISODE
Protect your construction business from materials and supply chain disasters that can tank profitable jobs. Wade and Stephen share proven strategies to manage vendor relationships, negotiate stronger contracts, handle overseas orders, and avoid costly delays.
Learn when to require supply bonds, how to document everything properly, and what to do when suppliers threaten bond claims. Essential tactics every contractor needs to safeguard cash flow and maintain project schedules.
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⌚️ Key mistakes we cover in this episode:
- 00:19 The Challenges of Sourcing Materials
- 01:47 Impact of Market Changes on Construction
- 03:00 Vendor Relationships and Risk Management
- 05:18 Best Practices for Managing Supply Risks
- 06:31 Handling Supply Chain Issues and Legalities
- 10:17 Proactive Measures and Documentation
- 17:09 Dealing with Payment Bond Claims
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Find all episodes and related links at ContractorSuccessForum.com.
Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
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