This week Billd released our 4th annual National Subcontractor Market Report. Key takeaways: 🏦 Understand your cost of working capital between cash, supplier terms, line of credit, material financing, etc. and include in your bids like you would any other expense 👷♂️ Invest in your quality, skilled labor....before your competition does 📈 2023 saw increased profitability, business growth, and GC awareness of how critical timely payments are to subcontractors. Over 700 subcontractors survey participates, 85% were owners or executives and 91% have been in business over 10 years.
Every year we survey hundreds of subcontracting executives to bring you insights from the front lines of the commercial construction industry. Today, we're giving away those findings for free in the 4th annual Billd National Subcontractor Market Report. You'll read about the industry trends with the biggest impact on subcontractors. Trends that subcontractors faced head-on. In the report, you'll see how your business is stacked up against the most successful growing subcontractors across the country. Billd is dedicated to the success of America's subcontracting businesses. We're proud to release this report every year so subcontractors can maximize their strategies for growth. Download the report for free at the link in the comments!
