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ℹ ABOUT THIS EPISODE

Thinking about a joint venture to land that mega project? Before you shake hands, you need to know the risks.

In this episode, Wade Carpenter and Stephen Brown break down why contractors form joint ventures, how to choose the right partner, what a solid joint venture agreement must include, and the hidden dangers of joint and several liability.

Whether you're chasing a government contract or expanding into a new region, this episode helps you protect your cash flow and your company.

⌚️ Key moments in this episode:

00:00 Joint Venture vs. Vegas Wedding
01:43 What Is a Joint Venture
02:54 Why Contractors Team Up
05:39 Owner and Government Drivers
09:35 Due Diligence and Agreements
12:01 Hidden Pitfalls and Controls
15:45 Insurance Bonding Liability
19:13 Choosing Partners for Success
22:22 Final Takeaways and Wrap

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.

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

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