Stop Leaving Money on the Table: Expert Tips to Cut Costs and Boost Profits in Construction

Are you leaving money on the table in your construction business? In this episode, lean management expert Erika Giuggio explains how construction companies can save thousands by outsourcing non-core tasks and identifying hidden costs in areas like merchant services and telecom. Erika shares her unique journey from urban planning to developing a franchise model that helps business owners streamline operations. With examples of real savings, Erica highlights the importance of regular expense reviews and negotiating better deals with suppliers. Discover how small changes in procurement and cost management can transform your business and put more money in your pocket. 00:00 – Introduction 03:46 – How lean management saves construction businesses 05:19 – Hidden costs in merchant fees and telecom 12:24 – Negotiating better procurement deals 23:12 – Outsourcing non-core tasks 28:16 – How Erika’s franchise operates 42:02 – Special offer: Free procurement analysis Links & Resources Mentioned: Book a free procurement analysis with Erika - https://www.schooleymitchell.com/office/aegiuggio/about/ Connect with Erika - https://www.linkedin.com/in/erikagiuggio/ For more information about anything in this episode head to https://www.gavin-coyle.com/ I'm The Gaffer, hosted by industry expert Gavin Coyle, is the essential podcast for construction people, offering insider insights, expert interviews, and actionable strategies to blueprint unprecedented success in the dynamic world of construction. Whether you are still ‘on the tools’, just getting started, a seasoned site manager focused on large-scale project management, or a fast-growth building industry entrepreneur/developer this podcast is for you. Gavin's guests, ranging from influential thought leaders to boots-on-the-ground practitioners, share their stories, successes and failures, and offer invaluable lessons and tips, allowing you to have a 360-degree view of the construction landscape. This podcast is a must have shared learning space for any person looking to achieve success in the building industry. As a construction person, this podcast is your go-to source for navigating the complexities of the construction industry where success is not just built; it's crafted with precision, passion, and the right knowledge. I’m The Gaffer, available on: Apple https://bit.ly/ImTheGaffer Spotify https://bit.ly/ImTheGafferSpotify YouTube https://www.youtube.com/@gavincoylesafety #ImTheGaffer #constructionpodcast #construction #constructionbusiness #safetytips #business #podcast #podcastclips