Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
Construction Scope of Work: What Subcontractors Should Know
On a construction project the most important part of a contract or agreement is the scope of work (SOW). The scope of work will tell you what needs to be completed, how it needs to be completed, and when it needs to be completed. It will, and should affect your estimate, schedule, and construction on [...]
The Subcontractor's Guide to Working Capital
To put your construction business in a position to scale, you must not only be familiar with the concept of working capital, you must be able to calculate and understand the strength of your working capital position. Not sure how working capital factors into your business as a subcontractor? We’ll explore the ins and outs [...]
Construction Software Recommendations: A Deep Dive for Subcontractors
Want to find information on the best softwares in the construction industry? You’re in the right place. We put together this comprehensive list of the top construction software being used by contractors across the country so you can find software that works best for your construction business. Over time, we will continue updating this blog [...]
Construction Certifications For Subcontractors That Are Actually Useful
Construction certifications are given from a variety of organizations including government agencies, private companies, and construction associations. This is a comprehensive guide of construction certifications that we believe are the best in the industry. How to decide what certifications are right for you There are tons of construction certifications out there, but not all are [...]
Value Engineering: How Subcontractors Can Improve Their Margins
The goal of any construction project is to maximize the quality, durability, and efficiency of the project — while minimizing its total cost. When you achieve this as a sub, you enhance the overall value of the project. Smart subcontractors have dedicated themselves to finding ways to maximize project value. Initially, it may have been [...]
Billd Launches Partnership with Sunstone Credit to Accelerate the Adoption of Solar for Businesses
AUSTIN, Texas, December 15, 2021 – Billd, the leading provider of material and pay app financing for commercial subcontractors, today announced a partnership with Sunstone Credit (“Sunstone”), a technology-enabled solar loan finance platform for businesses. This partnership aims to accelerate the adoption of solar in the US commercial space by providing right-sized financing solutions for [...]
Built with Billd: The key to reducing risk on every construction project
The construction industry is risky for subcontractors. Project execution falls squarely on their shoulders and a lot of things are out of their control. Subs have no control over the lack of labor availability, rising material prices, and supply chain delays. On this week's episode of Built with Billd, we sat down with Greg Fry, VP [...]
Construction Accounting Basics for Subcontractors
Solid accounting is the backbone of a construction business. Your accounting decisions play an important role in shining a bright light on the numbers, which are crucial for maintaining healthy cash flow and a comfortable profit margin. Sloppy accounting can give you an incorrect assessment of profitability and thus could lead to poor financial decisions. [...]
Prevailing Wage Contracts: What Subcontractors Need to Know Before Taking One On
Federally funded construction projects offer a whole new pipeline of bidding opportunities and may be just what you need to accelerate your business’s growth. Applying for government construction projects requires significant resources and effort, and it’s not for everyone, but being able to take on federally funded projects can be a game changer for [...]
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