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🔗 LINKS

Visit the episode page at for more details and a transcript of the show.

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ℹ ABOUT THIS EPISODE

Are your cash flow woes hitting you like a hammer to the thumb? Let’s talk about it.

This week, Wade and Stephen dive into the challenges contractors face with cash flow and share practical solutions to solve those issues…for good. They discuss indicators of cash flow problems, like difficulty paying bills and 'payroll panic,' while offering methods to break the cycle using the Profit First system.

Tune in to learn strategies for managing your finances and achieving long-term success in construction.

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⌚️ In this episode:

• 00:30 Identifying Cash Flow Problems
• 01:24 Common Cash Flow Challenges
• 02:59 Understanding Construction Cash Flow
• 05:35 Practical Solutions for Cash Flow Management
• 08:04 Implementing the Profit First System
• 16:12 Setting Up Financial Accounts

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

Send us a text

🔗 LINKS

Visit the episode page at for more details and a transcript of the show.

Take the FREE Construction Company Health Evaluation

ℹ ABOUT THIS EPISODE

What if your relationship with your bonding company could open as many doors as having the right tools on your job site? Just like a well-built foundation supports everything above it, a solid bonding relationship can transform your building's growth potential.

Join Wade and Stephen as they discuss practical strategies to improve your bonding connections, secure bigger projects, and reduce costs. Learn about the impact of a solid bond relationship on your growth potential and how to build trust with your bond agents and underwriters. Whether you're new to surety bonding or looking to enhance your current relationships, this episode offers valuable advice to help you succeed in the construction industry.

Subscribe to get notified as soon as new episodes go live.

⌚️ In this episode:

• 00:37 Real-Life Impact of Strong Bonding
• 01:35 Building a Strong Bonding Relationship
• 02:55 Understanding the Underwriter's Perspective
• 04:04 Effective Communication Strategies
• 05:27 Long-Term Benefits of Bonding Relationships
• 06:30 Practical Steps to Improve Bonding
• 07:48 The Importance of Transparency
• 10:10 Starting and Maintaining Bonding Relationships

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

Send us a text

🔗 LINKS

Visit the episode page at for more details and a transcript of the show.

Take the FREE Construction Company Health Evaluation

ℹ ABOUT THIS EPISODE

The recent tariff announcement is creating waves in the construction industry. Join Wade and Stephen as they dive into the implications of these new tariffs.

Learn about potential domestic manufacturing booms, practical strategies to navigate immediate changes, and how to position your construction business to capitalize on the new Made in America momentum.

Discover insights on price hikes, negotiation tactics, and market stability, and get advice on how contractors can adjust their practices to thrive in this evolving economic environment.

Subscribe to get notified as soon as new episodes go live.

⌚️ In this episode:
00:50 Impact of Tariffs on Construction Materials
02:45 Strategies for Contractors to Navigate Tariffs
03:16 Details of the Tariff Announcement
05:22 Opportunities and Challenges for US Manufacturing
09:17 Economic Implications of Tariffs
17:24 Practical Advice for Contractors

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com