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The mission of The Builders, Budgets, and Beers Podcast is to make project financials less intimidating for commercial and residential builders. We aim to give builders the confidence to take control of their business' cashflow by bringing on guests, that our listeners can identify with, to share real stories of their financial wins and losses along their journeys as builders.
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Experienced real estate professionals, Amanda Trevino and Scott Turner, provide a comprehensive overview of the key considerations and strategies involved in successfully executing a speculative building project, from evaluating the right market and lot to designing and staging the home for maximum appeal. https://amandatrevino.com https://www.rive…
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Dominick Thompson, a general contractor from Charlotte, North Carolina, discusses his unique background, financial management strategies, and the benefits of adopting technology to streamline his construction business. The conversation covers topics such as real-time financial tracking, subcontractor relationships, and the importance of embracing c…
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Paul Sanneman, President of Contractor Staffing Source, discusses how AI and technology are disrupting the construction industry, emphasizing the importance of embracing these advancements to stay competitive in areas like recruiting, marketing, and accounting. https://contractorstaffingsource.com Paul's Introduction and Background (0:00) The Impac…
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This conversation with Levi Joseph, Director of Operations at Ladisic Fine Homes, explores how a well-executed back office can provide a significant competitive advantage for construction companies, particularly in areas like accounts receivable, accounts payable, and cost code management. https://ladisicfinehomes.com Introduction and Guest Introdu…
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Chris Atwood, co-owner of Otter Creek Homes, shares his insights on the challenges builders face in running the business side of their construction companies. He emphasizes the importance of having a clear vision, understanding unit economics, and leveraging the expertise of others to overcome these challenges. https://www.ottercreekhomes.co Introd…
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Experienced infill home builder, Scott Turner, owner of Riverside Homes, shares his insights on the benefits, challenges, and strategies for successfully transitioning from custom building to speculative building in the competitive Austin, Texas real estate market. https://www.riversidehomesaustin.com Scott Turner's Background and Introduction (0:0…
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Nathan Marsala, founder of The Bison Group, joins Matt and Reece to discuss the critical importance of document control, subcontractor management, and effective communication in successfully managing project financials. He shares valuable insights and strategies that builders can implement to ensure the financial success and smooth execution of the…
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Tyler Brabec shares the importance of purchase orders in the custom home building industry, highlighting how they can help builders manage costs, mitigate risks, and improve project outcomes. The discussion also covers various aspects of purchase orders, including their role in managing subcontractor relationships, tracking project budgets, and lev…
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Luke Holcomb shares the four stages of financial maturity in construction businesses, from the groundwork stage focused on project-level finances to the strategic mastery stage where companies prioritize long-term value and balance sheet optimization. https://www.linkedin.com/in/luke-holcomb-49327853/ Introduction and Background of Luke Holcomb (0:…
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Penny Lane, a construction accounting expert, discusses the importance of designing a simple yet effective chart of accounts and cost coding system for contractors. She emphasizes using these financial tools to track profitability, make informed pricing decisions, and ultimately run a more successful construction business. https://jobcosting.com/ C…
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Bryan Uhler, of Pioneer Builders, shares his insights on managing cash flow and building a successful speculative home building business, emphasizing the importance of rational decision-making, financial management, and building homes with integrity. Bryan Uhler https://pioneerbuildersonline.com/ Running a healthy speculative building business with…
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Cost-Plus vs. Fixed-Price The Great Debate with Brad Robinson & Scott Bland
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1:12:09
Today on Builders Budgets and Beers we discuss the pros and cons of cost-plus vs. fixed-price building models in the construction industry. Builders Brad Robinson and Scott Bland debate the merits of each approach, considering factors like risk, profit potential, overhead, client satisfaction, and quality control. Brad Robinson https://www.bradford…
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Adam Martin shares cost management strategies for profitable construction projects, emphasizing the importance of thorough pre-planning, accurate cost tracking by line item, and real-time approvals to manage budgets and drive accountability. Find Our Guest: https://www.buildmartin.com/ Show Notes: (0:00) Construction costs and budgeting with a gues…
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Kalpana Oommen joins Builders, Budgets, and Beers to share her journey from millions of dollars in losses to $5 million in revenue. She discusses how diligently tracking finances helped her business transform client experiences, increase profits, and attract top talent through trust and transparency. Find our guest: https://www.evercraftllc.com/ ht…
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Builders Budgets and Beers Reece Barnes and Matt Calvano discuss financial management for construction businesses with industry expert Zack Kelly, explaining the importance of work in progress (WIP) reports, managing costs and cash flow, tracking actual expenses versus estimates, and choosing the right pricing model to ensure repeatable profits. Fi…
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Builders Budgets and Beers Mark Williams, a third-generation builder, joins Builders Budgets and Beers to discuss his career building high-end custom homes and shares lessons he has learned from both profitable and unprofitable projects, emphasizing the importance of client relationships and financial management. Find Our Guest: https://www.mdwilli…
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