SUBCONTRACTORS: Ensure you have this in your construction contract | Ep. 109

Here's a podcast that will help you understand the ins and outs of termination in Construction Contracts Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io Timestamps: (1:33) - You can get a drawing from an architect or an engineer and you can interpret that drawing very very well (3:21) - When you're playing decisions out in your head maybe the worst thing isn't that bad (6:17) - If termination for convenience is in there you want to make sure that you're getting paid the right amount of money (7:00) - The one thing that is actually a problem is a lot of these contracts won't have any way for you to terminate, for you to get out of the contract (8:14) - Should I be spending money on people and equipment I'm leasing when they might not pay me next month? (9:49) - Go to the termination clause, look at the termination for convenience if it's a concern for you DISCLAIMER: 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