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Strap in for a ride through the rough terrains of managing subcontractors, vendors, and labor in a contracting company. Promise is a big word, but we assure you that by the end of this episode, you'll have an arsenal of insights and strategies to steer clear of common pitfalls. Your hosts, Clark Turner and Jared Flowe, dissect the financial impacts and offer firsthand experiences to arm you better in this battlefield.

Have you ever found yourself in choppy waters negotiating with subcontractors demanding more money or dealing with overspending on materials? We've been there too. Join us as we delve into the critical aspects of setting expectations, agreeing on payment plans, and enforcing operational requirements, redirecting our vessel towards smoother seas. We'll also introduce you to our secret weapon in this journey – our software. We'll show you how to use work orders to efficiently schedule and pay your subcontractors while keeping a keen eye on their spending habits. A small step that can save you a fortune in the long run.

As we sail further, we'll discuss the lifebuoy that is the work order system. A contract, a mediator, and a record-keeper rolled into one – this system is the unsung hero of the contracting world. Let's explore how this tool can keep everyone accountable, handle change orders, and prevent disputes. Lastly, we'll share our experiences managing payments and vendor relations in the software industry. We swear by pre-determining payment amounts based on completed work – a nifty trick that keeps check handovers at job sites to a minimum. Hop aboard and prepare to revolutionize your contracting business!

Looking to take your business to the next level? ProStruct360 has everything you need to succeed! From cutting-edge software and training, to expert coaching and guidance, we've got you covered. Visit our website to explore our offerings and see the full videos of our podcast series. At ProStruct360.com, you'll find the tools and resources you need to grow your business, improve your skills and achieve your goals. Don't wait, check us out now!

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We are giving away FREE 2024 Company Blueprinting Sessions to anyone that signs up for the Complete ($199) version of the ProStruct360 Software. It's FREE for 2 WEEKS when you sign up today at my.ProStruct360.com/sign-up. Text us today at (678) 940-5747 to claim your free Blueprinting Session and free trial of the ProStruct360 Software.