Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
The Subcontractor’s Strategy to Exceed $10M in Revenue: Part 3 – Perfect Your External Presence
The final part of this 3-part series from Billd will outline the steps every sub should take regarding their external processes, and their market presence at large. We previously dove into the delicate balance of your internal processes, and why you need to take the time to carefully perfect your internal structure before you can [...]
The Subcontractor’s Strategy to Exceed $10M in Revenue: Part 2 – Refine Your Internal Processes
In this 3-part series from Billd, we’ll continue to unpack the strategies that subcontractors can adopt on their way to $10 million or more. To ensure your business is ready for exponential growth, it is essential that you put in place scalable processes for the internal aspects of your business — that is to say, [...]
The Subcontractor’s Guide to Exceeding $10M in Annual Revenue: Part 1 – Build Your Financial Game Plan
If you’re growing a subcontracting company, it’s only natural that you have your sights set on hitting 8 figures in revenue. To grow beyond $10M in revenue, subcontractors need to be ambitious, methodical, and above all, consistent about pursuing business growth. In this 3-part series from Billd, we’ll explore how to approach the nuanced decisions [...]
2022 National Subcontractor Market Report: How Labor Shortages & Market Volatility are Impacting Subcontractors
Billd has released the second annual National Subcontractor Market Report. Last year’s report honed in on the financial reality of subcontractors. Despite having just emerged from a pandemic, last year’s market conditions were perceptibly calmer — even if financial options were (and always have been) tight. This year told a different story. A volatile market [...]
Financial Ratios in Construction: Why Subs Should Be Familiar With Them
Financial ratios are key for anyone wanting a clear and simple view of the financial health of a construction business. They show how a company is performing in important areas such as liquidity, leverage, and financial efficiency. This can be hard to determine from standard financial statements – but financial ratios give a quick and [...]
Construction Contingency: A Rundown for Subcontractors
Nobody likes surprise expenses, but they’re all-too-common in the construction industry. Because of this, experienced subcontractors understand the importance of planning for the unexpected and including contingency funds in their budgets. A construction contingency will help you as a subcontractor prepare for (and pay for) unanticipated costs on a project. Today, we'll discuss what a [...]
Construction Scheduling: Techniques, Tools & Tips for Subcontractors
Deciding which type of schedule is right for your subcontracting business is a crucial element to your success as a subcontractor. In fact, the success of all your construction projects relies heavily on a project’s schedule. In this article, we will go over several different methods of scheduling and schedule representation methods so that you [...]
The Design-Build Construction Method: Advantages and Drawbacks
Through the years, the construction industry has gravitated toward alternative project delivery methods like CMAR and integrated project delivery. And one of the fastest-growing delivery methods is Design-Build construction. It is known to save money and make otherwise impossible timeframes more realistic and achievable, making it an easier sell to project owners. But should you [...]
ICF Construction: Everything Subcontractors Need to Know
As a subcontractor, you’ve personally witnessed the slew of technological advancements that transformed the construction industry in recent years. Concrete is one of the many continuously advancing trades, and one of its most recent and popular innovations involves Insulated Concrete Forms (ICF). According to Grand View Research, the adoption of ICFs in the construction industry [...]
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