Why do contractors fail?
It’s a difficult world out there if certain things aren’t in order.
Someone recently asked this in a Roofing group I’m a part of – and some answers were really good.
Here are some of the themes:
- Drugs
- Not able to predict labor costs and true profits.
- They don’t have the structure in order to service their existing customer base
- Don’t pay back vendors and pocket the money then they’re upside down
- They don’t grind
- Taxes
- Greed & Arrogance
- Biting off more then they can chew
