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ℹ ABOUT THIS EPISODE

Struggling to get bonded for bigger jobs? Funds control might be your ticket to landing contracts you never thought possible.

Wade and Stephen break down how this third-party payment system works, when it's required, and how to make it work FOR your business instead of against it.

Learn the difference between good and bad funds control companies, how it can open doors with SBA bonding, and why smart contractors see it as a stepping stone to bigger opportunities.

⌚️ Key moments in this episode:

00:00 Why Funds Control Matters
00:40 Funds Control Explained
02:18 Costs and Key Benefits
03:07 Choosing the Right Provider
06:11 Set Expectations Upfront
08:12 Cash Flow and Turnaround
09:55 Accounting and Job Costing
11:24 SBA and Bigger Bonds
12:49 Getting Bond Ready
16:11 Future Uses and Wrap Up

The Contractor Profit Blueprint is a complete guide that breaks down exactly how to identify where your money's going and start keeping more of it. This isn't theory. It's the same framework I use with contractors I work with every single day.

Head to profitfirstconstruction.com/blueprint to download your free copy.

Stop working for free. Let's get you keeping what you've earned.

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com