Business

Why Do Contractors Fail?
With more than 200 potential factors that can lead to contractor failure, and no single factor that signals potential failure, just why do contractors fail? It’s a combination of factors, including poor business practices, economic conditions, nature of the industry and mindset of the contractor that lead to financial loss that can spiral into bankruptcy.
July 13, 2017
Related stories
Business

Construction Futures: August 2025 Economic Roundup
By Construction Executive
Spending, hiring and overall momentum are down across the construction industry for August 2025.
Business

Building Supply Distributors: Taking Control of Jobsite Delivery in Uncertain Times
By Cyndi Brandt
The cost of materials is up. Along with that increase comes increased complications with delivering those materials to the jobsite.
Business

Is AI Still Missing From Your Construction Company's Toolbox?
By Mike Caralis
Research shows AI is getting smarter everyday, yet some construction companies are still hesitant to adopt it.