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

Wade and Stephen delve into the paradox of growth in the construction industry. They explore why landing bigger jobs and expanding your business may not always translate into higher profits. The discussion covers common pitfalls such as increased overhead, cash flow challenges, and bidding mistakes.They also offer practical advice on managing growth sustainably, understanding overhead allocation, and maintaining profitability.

Whether you're a contractor facing these challenges or looking to grow your business wisely, this episode provides valuable insights and actionable strategies.

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

⌚️ In this episode:

• 00:32 Common Mistakes in Expanding Construction Businesses
• 01:39 The Overhead and Cash Flow Dilemma
• 03:43 The Risks of Rapid Growth
• 07:40 Bidding Practices and Financial Management
• 12:54 Strategies for Sustainable Growth
• 19:12 Conclusion: Ensuring Profitable Growth

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