Contractors are always scrambling for work and looking for the next job. Since the 2007 recession many contractors have looked to diversification as a way to triumph over a slowing economy.
There is a famous story about two people walking along a road in Africa. Several hundred yards ahead, a lion pops out of the bush and starts towards them.
The job requirements have appeared all around the country. One ad, placed by a Texas electronics company looking for an engineer, stated that the company would not “consider/review anyone NOT currently employed regardless of the reason.”
Stop cutting prices when you have alternative options available. Bad things usually happen when you cut your margins. While you may increase your sales for the short term, you will unnecessarily reduce your profits for the long term.
Two questions for you, Mr. or Ms. Roofing Contractor: 1. How do you define a “sustainable” roofing system? The stumbling economy and the noise of owners clamoring for any way they can to save money should not distract us from continuously improving our products and profits.
Flashings and penetrations account for nearly 80 percent of all reported roof leaks. Therefore these areas are perhaps the most critical components of any roof system, but they are particularly important when it comes to low-slope standing seam metal roof systems.
“A penny saved is a penny earned,” may be an ancient and corny slogan, but it’s never outdated. Save enough pennies and they add up to dimes, dimes to dollars, and dollars eventually can add up to enough money to boost your company’s profitability and your personal lifestyle.
Roofing contractors are notorious for their entrepreneurial spirit and willingness to take risks. Each and every day they bet on the rain and many other risk factors. Taking on new types of work might be tempting, but diversity may not equate to more profits and success.
Imagine one of your employees bashes your company or their coworkers on Facebook. You might think that you could fire that employee. But you would probably be wrong. Or consider whether you should Google job applicants.
Let’s face it - few things are the way they used to be. In the current economy with millions of people searching for work, you’d think finding qualified candidates would be a snap.
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