Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
The Dangers of Cycling Profits Back into the Business as Working Capital
The working capital demands of construction projects require that subcontractors have a strong capital strategy. Without the right financial support, subcontractors put their construction projects at risk of delay or failure. Unfortunately, many subcontractors use ineffective or inadequate sources of working capital that wind up costing them stability and growth prospects. One of those sources [...]
How Communication, Transparency, and Team Alignment Empower Subcontractors to Meet their Growth Goals
In construction, growth doesn’t just come from winning more bids—you also need to create an organization and culture that can support existing operations and future growth goals. That’s why building a culture where communication flows freely, strategies are shared openly, and your team feels empowered should be a priority for subcontracting executives. Too often, subcontractors [...]
Navigating Tariffs: A Subcontractor’s Guide to Staying Ahead at Every Project Stage
With material tariffs in effect, subcontractors are facing significant uncertainty. Tariffs are expected to drive up costs on key materials such as steel, aluminum, lumber, and gypsum, and have the potential to affect pricing for both existing and future projects. Tariffs can present uncertainty similar to what subcontractors experienced during the pandemic, including potential supply [...]
6 Insights from Billd’s Subcontractor Meetup on How to Scale Sustainably
The majority of subcontractors want to grow their businesses—but many of them don’t know the right way to do it. That’s why Billd hosted a virtual Subcontractor Meetup featuring consultants Josh Luebker and Jerry Aliberti, two industry professionals dedicated to helping subcontractors successfully scale their businesses. They unpacked the most common mistakes that hold businesses [...]
3 Strategies to Strengthen Your Cash Flow, According to a CFO
Every year, construction leaders inevitably run into a scenario where payroll or invoices are due, but cash flow is too tight to comfortably pay them. This uncertainty is all too common in the construction industry, whether you’re a $10M or a $100M sub. However, you can take steps to prevent this from happening. Josh Luebker, [...]
Billd and Habitat for Humanity Help Construct Walls for a Habitat Home on the Steps of the Capitol
Billd was thrilled to sponsor and participate in Habitat for Humanity Texas’ Capitol Build Day. The event, which started in 2019, was held on the steps of the Texas Capitol and hosted volunteers who built wall segments for a home that will be constructed in the Bryan-College Station area. Partnering with an organization like [...]
4 Strategies to Achieve Healthy Growth, According to a Construction Industry CFO
In the construction industry, fostering healthy growth can be tricky, forcing subs to be strategic in how they approach scaling their business. According to Josh Luebker, construction consultant and fractional CFO, the strongest indicators of healthy growth are often your working capital capacity and the culture that supports the company. One reveals your growth potential [...]
How to Calculate Your Working Capital Costs Per Project
Nobody necessarily likes the idea of increasing their bid to account for the cost of capital– some subcontractors might believe a lean bid is more likely to win them work. But as Josh Luebker, construction consultant and fractional CFO, says, your bid coming in high isn’t necessarily a bad thing. It may mean your bid [...]
How to Calculate The Cost of Working Capital Per GC, Based on Average DSO
Subcontractors incur more costs from their clients than they realize. When you use your own working capital to fund projects, things like delayed payments increase the interest you pay on your working capital. To that point, each client costs you something in the form of interest, inflation, and even lost opportunities, but subcontractors rarely recognize [...]
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