Every business experiences periods of stagnation, but overcoming these phases is crucial for long-term success. Whether it’s due to market saturation, outdated methods, or external economic factors, reinvigorating your business requires a strategic approach. Here are some effective tips to breathe new life into your stagnated business and set the stage for renewed growth. Reassess Read more
Business Strategies
Report finds resilient businesses are adopting technology, outsourcing, and focusing on customer relationships 29% of contractors plan to invest in technology this year to increase revenue, customer retention, and customer acquisition. 27% of contractors have outsourced services as a solution to streamline their processes, scale, and grow revenue Repeat customers accounted for 39% of revenue Read more
Commercial contractors in the mechanical, electrical and plumbing industry have been challenged by a shortage of skilled labor for several years. In the last 18 months, a perfect storm of unprecedented circumstances — among them are COVID-19, materials shortages, materials price increases and supply chain interruptions — has exacerbated the labor gap and pushed our Read more