You asked, we answered! 🎉 Billd's Subcontractor Meetup Series is back. We're starting strong on July 24 with a must-cover topic for all subcontractors: how to increase your profit margins and account for the cost of capital in your bids. Join Billd's Travis Mayor, MBA and Jerry Aliberti, principal at Pro-Accel, as they explore how to review your working capital options, understand the real cost of your working capital, and include that cost in your bids to increase your margins. Save your seat for this live event at 12p central. Check out the link to register in the comments.
John A. Lamon IV
1mo
Nice, Travis Mayor, MBA - This’ll be a fun one!
Corey Stepanek
1mo
Exciting! This is a very important meetup topic.
Hayden Abrevaya
1mo
Excited for this one Travis Mayor, MBA and Jerry Aliberti! Been great working with y'all on this.
Manager, Account Management at Billd, LEED AP
1moMaterial suppliers bake in the cost of capital when you buy on terms. Subcontractors should be doing the same when they are extending terms to their GCs/project owners, or the margin takes the hit. I haven't seen many jobs where the Sub is not out of pocket. Most Subs are financing the project.