About this episode

This episode discusses the importance of protecting contracts from price hikes and delays, illustrated through a case study of a roofer's challenges during the pandemic.

This episode is a reading from Karalynn's latest book, Trust Your Gut . Roofer Danny inks a sweet roof gig in 2019. Then the pandemic hits, pushes start to 2021 with 30% material spikes and zero crew available. No escape clauses? As he tries to save his business, the homeowner slaps him with a fifty thousand dollar lawsuit. And a default judgment tanks the business. Don't be Danny! Add provisions for price hikes, weather, labor crunches, sickness, outages, disasters; and use change orders to shift timelines and costs. Set hard expectations upfront, add an escape hatch. Bottom line: Protect your biz before surprises bury you! Grab Karalynn's new book Trust Your Gut here . Follow Karalynn Cromeens on Facebook here . Follow Karalynn Cromeens on Instagram here . Follow Karalynn Cromeens on LinkedIn here . Watch the show on YouTube here . Learn more about The Cromeens Law Firm here , and subscribe to our newsletter ! Key Takeaways 1. Include clauses for price increases and delays 2. Materials labor weather hit projects hard 3. Change orders adjust terms when needed 4. Homeowner pays extras beyond control 5. No provision means you lose money or business Timestamped Overview 0:25…

People in this episode

Host: Karalynn Cromeens

Topics covered

• contract protection
• price hikes
• delays
• change orders
• business management

Keywords

• contract clauses
• price increases
• material spikes
• labor shortages
• change orders

Mentioned in this episode

Organizations: The Cromeens Law Firm

Books & works: Trust Your Gut

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