Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
Why Construction Contractors Are the Most Undervalued Entrepreneurs in Business
When people hear the word “entrepreneur,” they may think of Silicon Valley hoodies behind innovative tech startups. They might even picture open-concept offices, writing code or playing ping pong. But what about business owners who wear work boots instead of flip flops? The fact is, some of the hardest-working, most successful entrepreneurs out there today [...]
10 Things Every Contractor Needs to Know for a Successful Transition from Residential to Commercial Construction
Transitioning from residential construction to commercial construction projects is a goal for countless subcontractors. You can double, or even triple, your revenue by winning just one project. To help contractors prepare to make the switch, Billd has compiled ten key differences that you’ll need to be aware of, as well as helpful hints on how [...]
Built with Billd: The Construction Skills Gap with Doug Donovan of Interplay Learning
Summary Interplay Learning CEO Doug Donovan joined Chris Doyle, CEO of Billd, on the Built with Billd podcast to explore one of the biggest crises facing the construction industry: the lack of skilled tradesmen in the construction industry. Doug opens by introducing his software company, Interplay Learning, an online training platform for tradesmen. They primarily [...]
4 Easy Ways to Reduce Lead Times in the Construction Industry
Sluggish supplier lead times are a common inconvenience in the construction industry, but there are plenty of ways contractors can help their suppliers to curb them. When you reduce lead times, you can wrap projects, secure project payment, and move on to the next job, all at a quicker pace. Longer lead times, on the [...]
What is Project-Based Contractor Financing, and Why You Need To Know About It
When you’re a commercial contractor, the work doesn’t stop just because your cash flow has. You can’t press pause on purchasing construction materials or equipment for a new project while you wait for your backlog of unpaid invoices to come through.
Pros and Cons of Contractor Credit Cards
Business credit cards are among the most common financing options for contractors to pay for everyday expenses. For good reason too. They’re easy to obtain, flexible, and practical. A contractor credit card is a type of revolving line of credit, usually with lower limits than other financing options. While this can serve as a valuable tool [...]
A Guide to Contractor Lines of Credit
If a contractor wants to grow their business and increase profit, they will likely require some form of financing to help stabilize their cash flow. Bank lines of credit are a common choice among the many different financing options for contractors and it’s critical to understand how they work, as well as the pros and [...]
Meet Manasa Bowenpally, Billd's Rockstar Salesforce Admin
Manasa Bowenpallysalesforce admin Hometown: Karimnagar, India
How Financing Can Exponentially Grow Your Construction Business
It’s said that you have to spend money to make money, and in construction, that’s true. To take on larger projects and grow your construction business, you need to be able to pay for labor, materials, and overhead — many times, all upfront. And that’s exactly the challenge: Companies don’t always have the cash available [...]
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