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Know who you’re doing business with• A single bad project can
end up spoiling the success of ten great ones.!
• Before you agree to do a project, do your research on potential partners.!
• Avoid those who raise red flags.
Buy out subcontracts thoughtfully
• In addition to potential partners, be careful about selecting your subcontracts as well.!
• The key is to find the fine balance between price and dependability.
Cultivate a culture of safety• A reputation for a safe job site will
make your company that much more attractive to the kind of people you want to attract and save headaches in the future.
Secure your payment rights
• This differs from state to state.!
• If you’re not sure how payment rights work, call a construction attorney immediately.