Latest Subcontractors Podcast Episodes
How effective labor tracking can improve your margins
Built with Billd - November 01, 2021 09:00 - 23 minutesManually tracking labor across multiple job sites is cumbersome and can lead to decreased margins if data is not recorded accurately. In the US, businesses lose nearly $400 Billion a year from inaccurate labor tracking. On this week's episode, we sat down with Workyard, a workforce management...
Episode 41 - Creating a production line mentality
Own The Build - November 01, 2021 09:00 - 32 minutes ★★★ - 1 ratingIn this episode, Paul is joined by Lukas Olbrich, Co-Founder and CEO of Sablono, which is the world’s first Construction Execution Platform. In this fascinating episode, we discuss how data can give accurate, current information to project teams to inform crucial decision making. Head to www.ge...
Spooky situations in the construction industry | Finance Friday
Built with Billd - October 29, 2021 09:00 - 4 minutesSupply chain challenges, rising material prices, and volatility are creating significant challenges in the construction industry. As a result, supplier price guarantee periods are rapidly decreasing with prices only being locked for 3 - 4 days; compared to 30 days historically. So, what shoul...
Is this a sign that the industry is returning to normal?| Walkthrough Wednesday
Built with Billd - October 27, 2021 09:00 - 5 minutesIt’s no surprise that the construction industry is still facing labor shortages and material pricing surges. Despite these challenges, nonresidential construction starts rose to $281.8 Billion in 2021; compared to $244.1 Billion in 2020. With low interest rates and high levels of liquidity in ...
Breaking: our NEWEST product is finally here
Built with Billd - October 26, 2021 09:00 - 12 minutesPay App Advance is finally here. With a Pay App Advance through Billd, you get paid on your pay app right away to help improve your cash flow and expand business resources. This exciting new product allows you to have more control over your cash flow, eliminate uncertainty in the payment cycle...
Episode 40 - Addressing the skills shortage
Own The Build - October 25, 2021 08:00 - 31 minutes ★★★ - 1 ratingIn this episode, Paul and Liam are joined by Anjali Pindoria, a Quantity Surveyor at Avi Contracts. Alongside surveying, Anjali is a Novus Committee Member at the CIOB and a public speaker on topics around Diversity and Inclusion and in this episode, we discuss the skills shortage in constructio...
Why you NEED to understand this type of credit | Finance Friday
Built with Billd - October 22, 2021 09:00 - 2 minutesLines of credit have historically been based on your company's past financial data. Previous revenue, debt-to-income ratio, profitability, and current cash flow are all taken into consideration. However, it's difficult to take on larger projects if your bank lines are based on previous data ra...
Another indicator of active construction workloads | Walkthrough Wednesday
Built with Billd - October 20, 2021 09:00 - 4 minutesSince the beginning of 2021, the crane count in North America has decreased by 4.5%. Of the 14 largest cities, FIVE have seen a significant decrease in cranes; dropping nearly 30%. High material costs, increased labor shortages, supply chain delays, and inflation could all be to blame. Wi...
How Online Material Ordering Creates HUGE Efficiencies
Built with Billd - October 18, 2021 09:00 - 27 minutesIn an industry built on face-to-face relationships and trust, the idea of buying construction materials online, has been met with a lot of pushback. Brokrete, an e-commerce platform for suppliers, is revolutionizing the way the industry purchases materials. When materials are purchased online,...
Why ALL construction materials should be purchased online
Built with Billd - October 18, 2021 09:00 - 27 minutesIn an industry built on face-to-face relationships and trust, the idea of buying construction materials online, has been met with a lot of pushback. Brokrete, an e-commerce platform for suppliers, is revolutionizing the way the industry purchases materials. When materials are purchased onlin...
Episode 39 - Using AI to manage project risks
Own The Build - October 18, 2021 08:00 - 33 minutes ★★★ - 1 ratingIn this episode, Paul and Liam are joined by Dev Amratia, Co-Founder and CEO at nPlan, a software business that uses AI to learn how previous construction projects are performed to predict the outcomes of future projects. This episode discusses AI, its impact on construction and the future of co...
Financial challenges that ALL subcontractors face | Finance Friday
Built with Billd - October 15, 2021 09:00 - 5 minutesCash flow restraints are among the most common financial challenges that subcontractors face. Length of the repayment cycle, inadequate supplier terms, lack of support from traditional lenders, and high upfront costs are all to blame. So, how do you overcome these challenges? By having a va...
What is the most valuable construction degree? | Walkthrough Wednesday
Built with Billd - October 13, 2021 09:00 - 4 minutesIn a study done by Bankrate, STEM majors make up EVERY spot on their list of the top 25 highest earning college degrees. With an unemployment rate among college graduates of just 1%, construction services takes second place - surpassed only by architectural engineering. Find out what this mea...
Episode 38 - Identifying commercial to resi opportunities
Own The Build - October 11, 2021 08:00 - 36 minutes ★★★ - 1 ratingIn this episode, Paul and Liam are joined by Paul Davis, Founder and Director at Nimbus Maps (www.nimbusmaps.co.uk), a trusted property data platform. This episode discusses Class MA, how it is an exciting change to Permitted Development, and how developers can capitalise. Head to www.get.c-lin...
Credit options for each stage of growth, part 2 | Finance Friday
Built with Billd - October 08, 2021 09:00 - 7 minutesDeveloping positive relationships with lenders, suppliers, and general contractors, is essential for sustainable business growth. As your business grows above $5 million in annual revenue, you can begin leveraging these relationships to get preferred pricing on materials, longer terms, and incr...
Is it time to sound the alarm? | Walkthrough Wednesday
Built with Billd - October 06, 2021 09:00 - 6 minutesConstruction projects have become more expensive than ever to complete, with prices rising 27.8% since April of 2020. Although prices of labor, materials, and overhead continue to rise - bids are not reflecting this increase. What should we be doing to proactively approach this decline in pro...
A distributor's point of view: how to create value by leveraging financial tools
Built with Billd - October 04, 2021 09:00 - 17 minutesGrowing too quickly and not having the appropriate resources to sustain growth can quickly become a financial burden on your business. On the other hand, growing too slowly in a changing industry can negatively impact your financials too. So, how can you manage risk AND drive responsible gro...
A distributor’s point of view: how to create value by leveraging financial tools
Built with Billd - October 04, 2021 09:00 - 17 minutesGrowing too quickly and not having the appropriate resources to sustain growth can quickly become a financial burden on your business. On the other hand, growing too slowly in a changing industry can negatively impact your financials too. So, how can you manage risk AND drive responsible growt...
Episode 37 - Applying 3d Visualisation as an SME
Own The Build - October 04, 2021 08:00 - 37 minutes ★★★ - 1 ratingIn this episode, Paul and Liam meet Piers Mulroney, Strategic Planning and Policy Manager at VU.CITY, which is software helping people make better design and planning decisions quicker. In this episode, we discuss 3d Visualisation, the technology itself and how it disrupts the construction and r...
Credit options for each stage of growth, part 1 | Finance Friday
Built with Billd - October 01, 2021 09:00 - 6 minutesEstablishing a large line of credit with a bank needs to be a goal for your business. But, how do you accomplish this goal? You can start by utilizing a credit card. Consistent and responsible usage will help you build your businesses credit. What else can you do? Listen to this week's episod...
Is THIS a glimpse of the finish line? | Walkthrough Wednesday
Built with Billd - September 29, 2021 09:00 - 4 minutesThe $1 trillion infrastructure bill could be fully passed soon, which will create huge opportunities for the construction industry. Public projects, however, have become increasingly difficult to staff due to the ongoing labor shortage. Median time to fill an infrastructure job, for example,...
Episode 36 - The swamp thing – is he real?
Own The Build - September 27, 2021 08:00 - 34 minutes ★★★ - 1 ratingIn this episode, Paul and Liam meet Piragash Sivanesan, Founder and MD of Totum Finance, an FCA regulated brokerage and debt advisor, about ESG. Is it impacting the funding world generally and then, more specifically, how it is impacting development finance? Head to www.get.c-link.com/podcast t...
Profitability DOES NOT equal cash flow. | Finance Friday
Built with Billd - September 24, 2021 09:00 - 3 minutesEven if you build profit margin into your project bid, your cash flow may still be negative. How? Slow pay from a pay app, retainage, upfront material costs, and schedule delays, can all have an effect on your cash flow.
Profitability DOES NOT equal cash flow | Finance Friday
Built with Billd - September 24, 2021 09:00 - 3 minutesEven if you build profit margin into your project bid, your cash flow may still be negative. How? Slow pay from a pay app, retainage, upfront material costs, and schedule delays, can all have an effect on your cash flow.
An economic recovery... with problems? | Walkthrough Wednesday
Built with Billd - September 22, 2021 09:00 - 7 minutesThe construction industry is beginning to see signs of economic recovery. With that recovery, however, come many challenges. Hyperinflation, for example, may continue to drive drastic increases in commodity prices. So - what can you do to absorb these unexpected increases? On this episode of...
Improving financial visibility in construction
Built with Billd - September 20, 2021 09:00 - 36 minutesSupply chain issues, labor shortages, and outdated technology are negatively impacting the financial health of many construction companies. Manually entering data slows down team progress and increases the likeliness of an error. We sat down with Ron Goldshmidt, CRO and Co-Founder of Briq, to...
Episode 35 - Building a Project Business Case
Own The Build - September 20, 2021 08:00 - 33 minutes ★★★ - 1 ratingIn this episode, Paul and Liam meet Idowu Anthony-Ajileye, a Project Manager, TedX speaker, and mentor and coach in the construction industry. Anthony explains what a Project Business Case is and why, for developers, they are such a crucial part of the development process. Head to www.get.c-lin...
The biggest companies in the world all leverage debt | Finance Friday
Built with Billd - September 17, 2021 09:00 - 2 minutesTop Fortune 500 companies, like Apple and Nike, use debt to grow. Why? It's just not possible for them to grow only using the cash they have on hand. The same rule applies in construction. If your goal is to grow your business, you need to get comfortable with debt and financing too.
How to hire labor... without appearing desperate | Walkthrough Wednesday
Built with Billd - September 15, 2021 09:00 - 5 minutesIn order to bring young talent into the construction workforce, it's imperative that the industry adapts to the needs of millennials. So, what are a few ways this can be accomplished? Increasing wages and opportunities for career advancement confirms to your crew that they're valued within your...
Episode 34 - Socially responsible building for SME developers
Own The Build - September 13, 2021 08:00 - 39 minutes ★★★ - 1 ratingIn this episode, Paul and Liam meet Jonathan Fashanu, Founder & CEO of Dash Homes, a sustainable architecture studio that builds less impactful homes. Jonathan explains his belief that it is no longer a debate whether sustainable developments have a viable economic chance and why SME developers ...
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