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8 Reasons Why Construction Companies Fail

8 Reasons Why Construction Companies Fail

Why do so many construction companies fail? According to the US Department of Commerce, construction and contracting businesses have the highest failure rate of any other business. Up to 96% of these companies fail before reaching 10 years in business. You know exactly what I'm talking about if you own or operate a construction company. It is beyond difficult to build a successful construction business, and yet far easier to fail. Having owned multiple construction companies, I am speaking from experience. It took several years of iteration and learning before I finally figured it out. You can avoid making the same mistakes most of us make early on. In this article, I'll give you an inside...

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Best Practices

6 Important Steps when Terminating a Subcontractor

6 Important Steps when Terminating a Subcontractor

6 Important Steps when Terminating a Subcontractor - Like most general contractors we place a great deal of effort searching and vetting subcontractors. Unlike many other professions, the process of finding great contractors is far from straight-forward and difficult to gauge if they will be a...

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Building Your Business

6 Important Steps when Terminating a Subcontractor

6 Important Steps when Terminating a Subcontractor

6 Important Steps when Terminating a Subcontractor - Like most general contractors we place a great deal of effort searching and vetting subcontractors. Unlike many other professions, the process of finding great contractors is far from straight-forward and difficult to gauge if they will be a...

read more