7 Ways To Lose Money in Construction [#ThrowbackThursday] | Ep. 377

This episode is a re-run. It was originally published in September 2023.Losing money in construction? It could be happening without you even knowing it. Tune in now to discover 7 ways you might be throwing money down the drain!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChangesClick here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(2:24) - It doesn’t matter what country you’re in, the problems are the same(3:09) - The problem is the final contract you end up signing is different to the quote(6:54) - There’s always going to be changes or delays, and both of those things cost you money, without a doubt(7:59) - Most businesses don’t die of starvation, they die of indigestion(9:21) - It is better to be the company that is known for turning down projects than taking on too manyDISCLAIMER: 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