This episode is a re-run. It was originally published in April 2023.

On the brink of bankruptcy, this subcontractor made a bold move! Hear the incredible story of how smart negotiation tactics saved their business and turned things around. Press play to learn how you can do the same!

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Timestamps:

(1:36) - They were locked into a price on a massive project

(2:27) - There's no rise and fall or escalation clause

(3:11) - If you continue to work on this project you're going to go under

(4:58) - All we wanna do is we'll take it all up so that we can just break even on the project

(6:25) - Using the word "cash flow" all of a sudden perks up their ears

DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.

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How This Subcontractor Negotiated Its Way Out Of Bankruptcy [#ThrowbackThursday] | Ep. 353

Construction Secrets