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Mastering Change Orders: Profit Boost or Project Killer?
Manage episode 507994271 series 3314227
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ℹ ABOUT THIS EPISODE
86% of contractors are seeing more change orders in 2025 - are they boosting your profits or breaking your projects? Wade Carpenter and Stephen Brown reveal how to turn change orders from chaotic disruptions into profitable opportunities.
Learn essential documentation practices, workforce training strategies, and contract language that protects your bottom line. Discover why better planning beats hoping for luck, and get actionable tools to track and manage change orders like a pro.
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⌚️ Key moments in this episode:
- 00:23 Current Trends in Change Orders
- 01:43 Types and Management of Change Orders
- 02:41 Accounting and Documentation
- 04:12 Challenges and Best Practices
- 07:07 Communication and Pre-Planning
- 13:19 Profitability and Strategic Planning
- 16:45 Conclusion and Resources
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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
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