Construction is a risky business, as professionals know. Each project comes with a set of risks unique to the building industry, and small to mid-sized firms don’t always have the financial capital to endure unexpected interruptions.
That’s a big chunk of the industry: 82% of construction companies employ fewer than 10 people, according to CPWR calculations of U.S. Census Bureau data.
Reprinted courtesy of Van Carlson, Construction Executive, a publication of Associated Builders and Contractors. All rights reserved.