How to Look to Other Construction Industry Sectors for Business Growth
Change brings opportunity.
Nido Qubein
As a small general or specialty trade contractor (< 10 employees), have you wondered if you are working at your highest potential? Are you working within the sector of the construction industry that most effectively utilizes your team and maximizes the earnings of your company? Have you taken the time to examine your work to see if there is more than what meets the eye?
Many small contractors, by default, make the decision to stay in the sector where they started their careers, whether residential, commercial, etc. That could still be the right plan. After all, your contacts, work history, and reputation were developed there.
But staying in your lane could be costing you money. Your lack of knowledge about other compatible market sectors and business requirements could mean a loss of viable opportunities for you.
In this article, we’ll be discussing what future work you may be missing out on that could help you broaden your business horizons.