Contractor Success Forum

Author: Contractor Success Forum

Tips and advice to run a successful construction business from two long-term industry professionals: Wade Carpenter, a construction CPA, and Stephen Brown, a construction bond agent. Each host has unique, but complementary views and advice from each of their 30 years in the contracting industry. Their goal is to promote healthy, thought-provoking discussions and tips for running a better, more profitable, and successful company. Subscribe for new insights and discussion every week. Visit ContractorSuccessForum.com to view all episodes and find out more. 
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Funds Control: Is This The Key to Bigger Jobs?
Episode 266
Monday, 20 April, 2026

Send us Fan Mail🔗 LINKSVisit the episode page for more details and a transcript of the show.Sign up for group coaching to get your Cash Flow MRIGet Profit First for Commercial Construction--OUT NOW!Subscribe to get notified as soon as new episodes go live.ℹ ABOUT THIS EPISODEStruggling 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 Matters00:40 Funds Control Explained02:18 Costs and Key Benefits03:07 Choosing the Right Provider06:11 Set Expectations Upfront08:12 Cash Flow and Turnaround09:55 Accounting and Job Costing11:24 SBA and Bigger Bonds12:49 Getting Bond Ready16:11 Future Uses and Wrap UpThe 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 ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com