Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
What General Contractors Need to Know About CMAR
There are many ways to manage the moving parts of a construction project: planning, design, and the actual build. Construction Manager at Risk (CMAR) takes a different approach than the typical design-bid-build method. As a general contractor, you should be well-versed in CMAR, so you can win business from project owners and build strong professional [...]
Built with Billd: How you can use technology to leverage your labor force
Summary Labor is the lifeblood of construction companies, and how well you track your labor is often the difference between achieving your margins or not. Workyard, a workforce management software, is helping contractors streamline and digitalize their labor tracking by giving them real time insights into their data. Before founding Workyard, Nic De Bonis owned [...]
What Are As-Built Drawings and Why Are They Important?
Between the initial plans and the completed building, all construction projects go through changes and modifications. As the name implies, as-built drawings are illustrations that reflect how a project was actually built — after the many revisions that typically occur during the construction process. We’ll explore these documents and what subcontractors need to know about [...]
Success Story: How Van Linda Partnered With Billd to Take on Larger Projects and Strengthen Cash Flow
Van Linda Iron Works is an industrial and commercial metal fabrication contractor headquartered in Lake Worth, FL. With over 70 years of experience, they are a family-owned and operated business, offering full-service design-build metalworking. Van Linda performs both in-shop fabrication and on-site welding for structural steel. Their experience spans metal buildings, joists, and deck jobs, [...]
Built with Billd: The importance of e-commerce in the construction industry
Summary In an industry built on positive relationships, trust, and face-to-face interactions, the idea of buying construction materials online, has been met with a lot of pushback from contractors and suppliers. Before founding Brokrete, Jordan Latourelle grew up working on construction sites in Quebec, Canada, building concrete foundations with his father. At 20 years old, he [...]
Rethinking Debt in Construction: How Smart Debt Strategies Can Drive Business Growth
The construction industry is notorious for cash-flow bottlenecks thanks to razor-thin margins, retainage, and drawn-out, unpredictable payment cycles. So, while financing is essential to mitigate cash-flow issues, it also means the term “debt” strikes fear into the heart of even the most seasoned contractors who have taken on too much in the past, or taken [...]
Construction Soft Costs 101: How Subs Can Factor Them Into Their Expenses
To accurately estimate and plan for a construction project, a subcontractor’s budget must incorporate both construction soft costs and hard costs. Soft costs can represent a significant portion of construction costs, so it’s essential that you understand what they are and how they factor into your projects. What are Soft Costs in Construction? Construction soft [...]
Built with Billd: Using financial tools to create value and build leverage
Summary Growing too quickly and not having the appropriate resources to sustain growth can become a financial burden on your business. On the other hand, growing too slowly in a rapidly changing industry can negatively impact your financials too. Josh Tinaglia, Solar Engine Program Manager at Soligent, says one way to manage this risk is [...]
Construction Automation & The Future of the Industry: What Subcontractors Need to Know in 2023
The notion that automated tech will sweep across the construction industry is thrilling to some, and alarming to others. Will construction automation eliminate thousands of skilled labor jobs? Will it bring untold efficiency to the field? While both outcomes may come true to some degree, we are easily more than a decade away from construction [...]
The Billder's Bulletin
Construction finance intelligence, delivered monthly.
Join thousands of construction executives getting the Billder's Bulletin.