Red flags and warning signs of contractor failure
Industry insiders review common risk factors
Every year, thousands of contractors face bankruptcy and business failure, whether in business for two years or 20. These firms leave behind unfinished private and public construction projects—and billions of dollars in losses that fall to project owners and taxpayers. In this whitepaper, learn what industry insiders see as the four main causes of contractor failure.
You will learn:
- The causes of contractor failure
- How to manage the construction risk
- Dos and don’ts to help contractors avoid default