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If you plan to grow your construction business deciding how you will address these five actions can set you on path that is more likely to support your long term professional and personal levels of success.
Politely disagreeing with Shawn McCadden, a Seattle-based remodeling contractor makes the case for emailing sales proposals.
Is your justification for emailing your proposals really a “reason” or, is it an “excuse”?
There are four very specific disclosures that may be required by the law to be in your construction contract.
Be careful: Probationary periods may jeopardize your company's at-will employment policy.
Stressed about Finances? You're Not Alone
On public jobs, the halfway point is a milestone which, when reached, requires a reduction of retainage from all subsequent payments. Private contracts, on the other hand, treat retainage according to the contract. But nothing prevents you from negotiating a similar reduction at 50% completion.
Most residential construction business owners will have to work until they die, without enough accumulated investments to support themselves during retirement. But it doesn't have to be like that.
Few contractors do, but Shawn McCadden advocates for more transparency if (a big "if") your company has its books in order.
Doing a paper-and-pencil estimates on the fly can actually serve a good purpose ... just not all the time.
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