{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Good Builder Podcast","title":"The Daily Dose #301 | The Grim Reaper Who Tries to Keep You Alive First","html":"","width":"100%","height":180,"duration":3045,"description":"When an insolvency practitioner walks into the room, most builders assume it is the end. Hand over the keys. Pack it up. Game over.But that is not how Chris from Jirsch Sutherland works.In this episode, Aaron sits down with an insolvency practitioner who has worked on more than 2,000 matters. They call his kind the Grim Reaper of the building industry. The twist is that his first job is to keep your business alive, not bury it.Chris explains the difference between insolvency, liquidation, and bankruptcy in plain terms. He walks through what a liquidator does first when a company is in trouble, which assets you can and cannot keep, and why so many trade companies are really sole traders in disguise. There is also the three ways out of bankruptcy most people never knew existed.It is an honest look at the side of building no one wants to talk about. Cash flow, tight margins, and why construction sits at the top of the insolvency list year after year.If you have ever felt the squeeze of December and January, or wondered what your real options are when things get tight, this is the conversation to have before you need it.And his answer to what makes a good builder? Know your numbers. Fix your systems. The good operators never need to meet the Reaper.Links:https://www.jirschsutherland.com.au/Sponsors: A huge thank you to MyConstruct. Construction software built by Australian Builders, for Australian Builders. Visit myconstruct.com for your 30-day trial.","thumbnail_url":"https://img.transistorcdn.com/kfWyLokmOh8IknRiu8hFWliTL287_yQe0yBgRNp7WJc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yZmE4/MDdmMWNmOWU1Yjc4/ZGU2OTIxYTcwOTk0/OTk3YS5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}