303 episodes
Construction Secrets w/ Cian Brennan Cian Brennan
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- Business
Welcome to the Construction Secrets podcast where we talk about signing better construction contracts, getting better project cash flow and making more profit per project, and the many mistakes and failures we have learned along the way. Hosted by Cian Brennan.
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Why Your Construction Company Is Unsellable (And What To Do About It) | Ep. 303
Learn the steps to making your construction business irresistible to buyers. Find out what buyers are searching for and how to make your company stand out. Get started today – listen now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:17) - What are the things that construction companies don't work on that If they worked on, it would make their business far more sellable
(3:07) - Even though you're prepared to sell, you don't have to sell
(4:24) - We want to be prepared for sale to get the highest value exit when it happens
(5:42) - When you're trying to build a bigger business, they want to see a business that runs without you
(6:28) - Are my staff going to be looked after? Are they going to keep the people?
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! ⤵️
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Proportional Liability in Construction for Tier 2 Contractors [Australia Only] [#ThrowbackThursday] | Ep. 302
This episode is a re-run. It was originally published in November 2022.
Join us as we explore the nuanced concept of proportional liability in construction, specifically tailored for tier 2 contractors. Tune in for expert analysis and actionable advice to reshape your risk management strategies effectively!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:57) - How does a law come about and where does your contract sit in relation to the law?
(4:31) - If something goes wrong on a construction project, you're only liable to pay for your contribution to what went wrong
(5:13) - In the Civil Liabilities Act, it says that you need proportion to blame fairly
(7:14) - Am I in a state that allows contracting out?
(8:49) - You need to make a commercial decision if it works in your favor or not
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 -
Construction Contractors: Terminating Your Contract | Ep. 301
Uncover the hidden truths about contract termination for construction contractors and its consequences. Gain valuable insights and practical advice for navigating termination situations with confidence. Tune in now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:24) - Termination is one of the company ender clauses in a contract
(2:16) - If they breach the contract or if they default on the contract, what happens then?
(3:28) - Termination for convenienc
(5:10) - It's all about how much money do I lose? Am I going to be compensated for demobilizing? Is that going to be fair?
(7:55) - They have to demonstrate that you have defaulted
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 -
Exactly What To Do When You Are Asked To Sign Guarantees and Deeds in Your Construction Contract [#ThrowbackThursday] | Ep. 300
This episode is a re-run. It was originally published in November 2022.
Not sure what to do when you’re asked to sign guarantees and deeds in your construction contract? Listen now and get all the answers you need!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:10) - We need to understand the difference between guarantees and deeds
(4:03) - If you're the parent company and you're trying to isolate your own risk, you're almost wanting to isolate yourself from that risk
(5:23) - I hate director's guarantees
(6:08) - Deeds are, it's a special type of prompts or commitment that indicates the most serious solemn indication that the executing party tends to do what they have promised
(7:59) - Director's guarantee, parent company guarantee, guarantees in general, and deeds are all telling you to take on more risk
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 -
The Construction Industry’s #1 Problem | Ep. 299
Explore the truth behind the construction industry's primary challenge and its effects on various projects. Learn effective tactics to navigate through this complex scenario successfully. Are you ready to face this critical issue head-on? Hit play and listen in now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:32) - The biggest problem everyone's talking about is I can't get enough people
(2:15) - Why is there a lack of skilled people?
(3:23) - There is a lot of suicide in construction
(5:17) - Construction was typically done by immigrants
(6:19) - The white collar workers are going to become less and less valuable because AI is going to be able to do a lot of that work
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 -
Exactly What To Do If Your Client Goes Insolvent on a Construction Project [#ThrowbackThursday] | Ep. 298
This episode is a re-run. It was originally published in November 2022.
Arm yourself with the essential knowledge to handle client insolvency on construction projects like a seasoned professional. Discover valuable tips and best practices that can help you protect your project and secure your financial interests. Don't wait until it's too late – listen in to protect your bottom line!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:20) - There's an inability to be able to resource a project and there's an inability to be able to get materials
(3:51) - Everyone's struggling for resources. No people anywhere
(5:59) - In fact, the more work you do, the more money you could end up losing
(6:35) - How do we keep our cash flow alive? How do we make sure that we get paid?
(8:58) - Basically you want to kill them with paperwork
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
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