Professional Builders Secrets Episode 82: Transitioning To Fixed Price Contracts With Lee Ambrose

Professional Builders Secrets brings you an exclusive episode with Lee Ambrose, Managing Director of his own building company based in Brisbane, Australia. Throughout this episode, Lee delves into the journey he and his business has went on, his transition into fixed price contracts and the ways in which he’s transformed his business since joining the APB.

Inside episode 82 you will discover

The challenges faced by builders before transitioning to fixed price contracts
The importance of projecting all of your fixed expenses
The advantages of using project management tools
Why it can be so challenging to change your ways as a builder
And much, much more.

Listen to the full episode to uncover exactly what transitioning to fixed price contracts can do for your building company.

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0:00 Introduction
1:40 How Lee got started and his business ambitions
3:59 What kind of contracts Lee used before transitioning
7:31 How Lee has transformed his business working with APB
10:06 The importance of fixed price contracts and how secure they are
13:19 The construction software Lee utilises
15:17 Why is it so challenging for builders to change their ways?
22:30 What Lee’s discovered in the process of transitioning to fixed price contracts