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For construction business owners and accounting pros. In depth exploration of software and topics related to construction and accounting. A three segment podcast: 1. Tonya introduces the problem and potential solution 2. Tonya will speak with an industry expert 3. Tonya works with a real live user to help them implement the solution and answer all their questions
Episodes
Thursday Apr 04, 2024
Thursday Apr 04, 2024
In this insightful episode of the Construction Junction podcast, presenter Tonya Schulte focuses on how construction subcontractors can navigate through the complex business landscape. The show lights a torch through the historical evolution of contract risk management in construction and underscores the importance of contract negotiations and management for better cash flow and profitability.
Guest Cian Brennan shares lessons about using contract management software like Quantum to manage changes and delays, negotiate better contracts and reduce costs. They unravel the misunderstood notion of 'pay when paid' and 'pay if paid clauses' which often lead to disputes and elucidate why efficient contract management is an invaluable tool in the constant battle against risks in the industry.
The conversation goes deeper into the subject, touching on the essential transitions required when a business grows from a small to a medium scale and overlooks the essential departments needed to succeed at a higher level. Their chat explores the necessity of timely action when faced with change orders, a crucial step towards building a reputation of professionalism and efficiency in managing delays and disputes. This enlightening episode puts viewers on the right track towards achieving an increased 5% to 15% margin on each project with better cash flow. Join the intense discourse and learn about the best practices for managing, negotiating, and reviewing construction contracts.
Contact the show at hello@theprofitconstructors.com.
Thursday Mar 07, 2024
The Construction Junction: Augmented Intelligence with TrueBuilt
Thursday Mar 07, 2024
Thursday Mar 07, 2024
Join host, Tonya Schulte, for another exceptional episode of the Construction Junction podcast, presented by The Profit Constructors. This episode takes a deep dive into the exciting and often overlooked world of pre-construction. Our special guest, John Sibley, CEO and founder of TrueBuilt, sheds light on how modern technological tools are transforming pre-construction and setting the foundation for successful construction projects.
John illustrates the power of TrueBuilt's unique platform, a blend of cutting-edge AI, computer vision, and heavy-duty automation, designed to simplify and streamline pre-construction tasks. With pioneering features like automatic document renaming, TrueBuilt enhances accuracy and cuts down on time-consuming manual labor, changing the industry's outlook on bid management.
While TrueBuilt boasts impressive automation capabilities, the platform provides room for manual adjustments, striking a balance that allows construction contractors to achieve utmost efficiency without compromising the quality of work. This episode uncovers the TrueBuilt journey, right from its launch, and its consistent evolution into an indispensable tool within the construction sphere.
Addressing the challenges of transitioning to new technology, John discusses common hesitations that clients face and how TrueBuilt can prove its worth by highlighting its, accuracy and efficiency. He also divulges some of TrueBuilt's future integration plans, setting the balI rolling for further innovation in the construction industry.
Discover a new perspective on pre-construction, explore TrueBuilt's platform, and all it offers in this insightful episode. Listen in and be part of the conversation, unravelling new paths to profitability and productivity in the construction industry.
Thursday Jan 25, 2024
Workforce Development & Accounting Strategies in the Construction Industry
Thursday Jan 25, 2024
Thursday Jan 25, 2024
Dive into the rich dynamics of the construction industry through this enlightening episode of Construction Junction with your host, Tonya Schulte. Discover pivotal insights into workforce growth, development, and its alignment with accounting in the construction sector. This episode tackles the industry's daunting challenges such as the declining labor pool and the aging workforce. Learn about effective strategies like offering rewarding compensation, fostering a productive company culture, and tapping into the power of collaboration.
Be part of thought-provoking discussions with industry experts shedding light on compelling data trends and solutions to the current industry issues with Aaron Faulk of Moss Adams. Whether you're a seasoned veteran, a budding newbie, or an insightful advisor, enhance your perspective of the construction industry and explore potential growth arenas. Gain actionable takeaways that can be directly applied to your respective business.
Further explore the integral role of a robust company culture in attracting and retaining efficient employees in the construction industry. Understand the importance of a conducive, collaborative work environment, its impact on overall productivity, and how having a strong culture translates into a competitive edge in the industry.
Hear from the founder of Scott Coatings on his company's evolvement over 20 years, the rise in regulation measures, and the incorporation of modern digital practices into construction. Learn about the pressing need for workforce development strategies against the backdrop of an aging workforce and the over-emphasis on college education.
Wrap up with an inspiring discussion on current and future workforce development strategies, the power of collective insights, and the importance of a culture of continuous learning and development for long-term success. This episode is a must for industry leaders, visionaries, and anyone interested to unravel the multifaceted world of construction industry development strategies.
Thursday Sep 14, 2023
Construction Junction Episode 31: Take Control of your Finances and your Future
Thursday Sep 14, 2023
Thursday Sep 14, 2023
The Construction Junction host Tonya Schulte, with The Profit Constructors, welcomes guest Luke Boyenger from Cruzumi CFO & Advisory. The two sit down to discuss Fractional CFO services and taking control of your Finances and your Future. Don't miss it.
Thursday Aug 10, 2023
Construction Junction featuring Service Industry Success
Thursday Aug 10, 2023
Thursday Aug 10, 2023
Our host Tonya Schulte welcomes owner Brian Harding with Service Industry Success. Brian is not a coach but a proven growth and employee problem solver. Tonya and Brian discuss current issues facing service industry businesses. They are joined by Will Wallensen of PJ Roofing LLC, and the colleagues tackle real-time questions. Have a listen and then go check out Brian's Podcast too.
Thursday Jul 13, 2023
The Construction Junction episode 29: Tech 4 Accountants
Thursday Jul 13, 2023
Thursday Jul 13, 2023
Tonya sheds light on this increasingly important topic of Cyber Security and the new FTC regulations. Please help her welcome Andrew Lassise from Tech 4 Accountants and Michelle Mitchell from Mitchell Consulting.
Thursday Jun 08, 2023
The Construction Junction Episode 28: C2C Resources
Thursday Jun 08, 2023
Thursday Jun 08, 2023
The Construction Junction. Our host Tonya Schulte welcomes Sven Nelson with C2C Resources. Sven is The Guy that gets you Paid. They chat with Martin Smith from Ash Grove South. Join the conversation to find out more about streamlining your receivables.
Thursday May 11, 2023
Construction Junction Episode 27: EOS Worldwide
Thursday May 11, 2023
Thursday May 11, 2023
Host Tonya Schulte of The Profit Constructors welcomes guest Jeremy Macliver a certified EOS Implementer and Coach. Jeremy shares how he is
helping entrepreneurs like his client Steve Hanrahan with Reseco Advisors, achieve their dreams and leave a legacy that other entrepreneurs would be envious of.
Thursday Apr 13, 2023
The Construction Junction Episode 26: The Curious Builder
Thursday Apr 13, 2023
Thursday Apr 13, 2023
Being a construction accounting pro is more difficult than being a rocket scientist, and we can prove it -- listen to our latest Construction Junction podcast with custom home builder and podcaster Mark D. Williams -- you'll see what we mean!
Thursday Mar 09, 2023
The Construction Junction: Estate Planning and Wealth Management
Thursday Mar 09, 2023
Thursday Mar 09, 2023
The 25th episode of The Construction Junction: where accounting meets construction. Your host Tonya Schulte welcomes Paul Deloughery of Sudden Wealth Protection Law, and George Athan, CEO of MindStorm Strategic Consulting. They discuss the importance of estate planning and wealth management.