The Billder's Boardroom: Stay at the top of the game with guides, templates, and tools created by subs, for subs

3 Ways to Strengthen Your Procurement Process in Any Market

construction procurement

Procurement is a vital component of running a successful subcontracting business. When you’ve been around long enough, you know that strong vendor relationships can carry you through tough times and save you from lost productivity. And with supply chain issues and material price hikes, dialing in procurement is more important than ever.  In the last […]

Job Costing 101: Must-Know Concepts for Every Contractor

job costing

This is a guest post from Knowify, a Billd partner. Knowify empowers subcontractors with insights to manage their finances, teams, and projects more effectively. With Knowify, you can handle your budgeting, bidding, job costing, invoicing, and much more – all in one place. Job costing is an essential component of any contractor’s business. Critical to […]

How MCAs Disguise Their Harmful Business Practices

MCA

We’re all pretty familiar with MCAs and how they can lead to a cycle of high-interest debt where the only way to repay your loan is to take out a new one. But what you may not know is that MCAs are really good at hiding in plain sight. They lean on deceptive terminology to […]

How To Get Every Dollar You Deserve From Change Order Negotiation

change order negotiation

Change orders have always been a hub of disputes and delays for subcontractors. At any given moment, subs can have hundreds of thousands of dollars in unpaid change orders hanging in the balance.  Sharpening your negotiation skills can help address these tricky situations and achieve better outcomes. That’s why Billd gathered a panel of construction […]

Subcontractors Need to Request the Prime Contract on Every Project. Here’s Why.

prime contracts

Plenty of subs sign their contracts without ever seeing the GC’s prime contract. It’s not common practice among subs to ask for it, but here’s the thing: it needs to be. Maegan Spivey, a Contracts Manager in the construction industry, is on a mission to get subcontractors in the habit of requesting it any time […]

Construction Contract Negotiation Part 2: How to Protect Your Right to Make a Claim

construction contract

In part 1, we went over attorney James Carney’s negotiation best practices and high-risk contract areas that can often lead to litigation. In part 2, we’ll explore the passive and active waivers that will determine whether or not you can make important claims on a construction project. How to Maintain Your Right to Make a […]

Hiring vs. Contracting Labor: The Pros and Cons of Each

hiring vs. contracting construction labor

Amid a massive labor shortage, subcontractors are forced to be more strategic about their workforce than ever. They have a choice between hiring their employees (provided they can find good candidates), or subcontracting with a labor company. Striking a good balance between hired and contract workers can help you run your business more efficiently. There […]