Remodeling Business Blueprint - Randall Soules and David Hawke discuss best practices to build a solid remodeling or trade contracting business
Construction Change Orders and Allowances Processes
Manage episode 256012569 series 1171111
If you’re really serious about contracting and want to build a top brand there’s a good chance we help you, go to ScientificRemodelingSystem.com/call to schedule a private one-on-one call with Randall. You should know, this is not a sales call. We are serious about helping you build your construction business and this call is simply to determine if we can actually help you.
Today we are going to discuss the process of change orders and allowances for contractors to keep a projects cash flow positive, why you should minimize the use of allowances, and why allowances are a losing proposition.
Construction Business Links:
- Get A Free Behind The Scenes Demo Of The Scientific Remodeling System
- The Construction Professionals Forum
00:07:22: Tech Tip of the Week: Airpods Pro
00:10:53: Change order issues
00:11:39: The solution to change order issues
00:13:02: Problems that your may be creating
00:14:08: A published problem with change orders
00:15:10: An analysis of the problem
00:16:26: Steps to avoid problems with change orders
00:19:20: Be clear about the change order process
00:20:08: Include the job duration change in the change order
00:24:09: Allowances - why you should not use them
00:30:35: Adding contingencies to your estimate
00:31:31: How to handle owner supplied materials
00:38:32: Quote of the Week by Ben Franklin
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