To avoid ‘killing’ a job and ensure profitability, careful planning, accurate bidding, strategic material procurement, and efficient labor management are essential
Establishing maintenance contracts with customers is a good way to gain consistent work, but as with any contract, you’ll want to be sure you have everything properly covered from a legal standpoint
If you’re working for a general contractor on a project, it’s important to be diligent to ensure your business is protected from things like unknown contract requirements or adjustments to the project schedule
It’s a good way to help customers take care of their property, but make sure you also guard your own interests when selling maintenance agreements
Read the details in commercial contracts and keep enough coin in the piggy bank for common cash-flow issues.