{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Building Doors with Lauren Karan","title":"79. How to Protect Your Construction Business from the Insolvency Tipping Point with Paul Rojas","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/008ed213\"></iframe>","width":"100%","height":180,"duration":2859,"description":"In this episode of Building Doors, host Lauren Karan sits down with Paul Rojas, a commercial litigation lawyer and founder of ConstructSupport Australia. Paul pulls back the curtain on the silent crisis gripping the construction industry: record-high insolvencies. With years of experience working with builders, liquidators, and directors in the midst of legal storms, Paul provides a stark look at the realities of cash flow strain, contract breaches, and the domino effect that can topple even established companies.Paul shares hard-won wisdom on why proactive legal counsel is not an expense, but a critical investment in your business's survival. He demystifies complex contract clauses, reveals the common pitfalls that sink SMEs, and outlines the practical steps every construction business owner must take to shield themselves from financial collapse. Whether you're a seasoned builder or a new subcontractor, this episode is an essential guide to building a more resilient and legally sound business.What You’ll Learn in This Episode:Insolvency and Risk in Construction:Why insolvency rates in the construction sector are at an all-time high.The “four-year lag” effect of economic shocks like COVID-19.The domino effect when one builder collapses and how it impacts the entire supply chain.Contracts and Legal Protection:Common contract mistakes that can destroy your business.The difference between variations and cost escalation clauses and why it matters.Why every builder and subcontractor must understand their contract terms, not just have them.Business Growth and Leadership:Paul’s unique “merge to retire” model for law firm acquisitions.How to build a sustainable business through referrals, acquisitions, and trusted partnerships.Lessons from leading teams, spotting culture misfits, and trusting your gut in hiring.Resilience and Legacy:How to restructure a struggling business and turn it around.The power of focus and why staying in your niche protects you from unnecessary...","thumbnail_url":"https://img.transistorcdn.com/rcJTQ5eXITvLdAogYDlhRpa2ZvZlMeipr6w7MvQqkqs/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzM1NTExLzE2Njgz/OTU0OTQtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}