Current events can have a HUGE impact on material pricing | Finance Friday
Built with Billd
English - March 18, 2022 09:00 - 8 minutes - 11.7 MBManagement Business Education commercialrealestate construction constructioneducation constructionfinancing contractors funding materialpurchasing materialsuppliers purchasingterms subcontractors Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Construction staffing numbers are on the RISE | Walkthrough Wednesday
Current world events can have massive impacts on the price of commodity materials.
Plus, these rising costs trickle down throughout the entire supply chain.
As the price of oil and gas increase, shipping costs have to increase as well in order to maintain a profit margin. These costs eventually get passed down onto the price of materials and you're stuck paying the higher prices.
How can you create a buffer and protect yourself from these rising prices?
Listen to this week's Finance Friday to find out.
Follow us at https://linktr.ee/billd to stay up-to-date on the latest news in commercial construction.